So check this out from the 10K (page 29): The 3
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Posted On: 01/18/2018 4:58:37 PM
So check this out from the 10K (page 29):
The 309,699,518 class A shares that are attributed to Hanks are broken down as:
Includes (i) 138,176,181 shares of Class A common stock held by The Maple Gas Corporation, (ii) 135,268,260 shares of Class A common stock held by Maple Structure Holdings, LLC, (iii) 36,255,077 shares of Class A common stock held by Maple Resources Corporation, and (iv) 1,400,000,000 shares of Class B common stock held by Maples Resources Corporation.
That accounts for all of them, so all of "Jacks" shares are broken into those three pools.
The shares were acquired back in 2015 as exchange for preferred shares (Maple Structures) and for a note held (Maple Gas) These notes and preferred shares come from the time between 2009-2011 when Maple basically took over (hostilely I think) Management Energy Inc and sold its assets and attempted their coal project in Columbia with the company as their vehicle.
These shares in MMEX have been around for a while; Maybe this is some kind of housekeeping.
The 309,699,518 class A shares that are attributed to Hanks are broken down as:
Includes (i) 138,176,181 shares of Class A common stock held by The Maple Gas Corporation, (ii) 135,268,260 shares of Class A common stock held by Maple Structure Holdings, LLC, (iii) 36,255,077 shares of Class A common stock held by Maple Resources Corporation, and (iv) 1,400,000,000 shares of Class B common stock held by Maples Resources Corporation.
That accounts for all of them, so all of "Jacks" shares are broken into those three pools.
The shares were acquired back in 2015 as exchange for preferred shares (Maple Structures) and for a note held (Maple Gas) These notes and preferred shares come from the time between 2009-2011 when Maple basically took over (hostilely I think) Management Energy Inc and sold its assets and attempted their coal project in Columbia with the company as their vehicle.
These shares in MMEX have been around for a while; Maybe this is some kind of housekeeping.
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(0)MMEX Resources Corporation (MMEX) Stock Research Links
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