Poor sad Zany Rick - busted down to cheerleader fo
Post# of 4466
The truth is painful - MMEX is a share-selling scheme. It has failed four times over the course of a year to close on project financing.
MMEX has lost more than 90% of its value from the first pump. MMEX is a super-dilutive, OTC shell company with no assets, no employees, no suppliers, no customers, no business operations, no intellectual property, no proprietary technology, no luminary management or technical team.
MMEX has nearly $40-million in cumulative losses and current liabilities, and no access to legitimate capital markets. MMEX is entirely funded on the proceeds from toxic lending. MMEX’s business plan is flawed in every dimension, and has no possibility of success.
Any individual with sector knowledge understands this - which is why MMEX is an OTC Pink piece of toxic trash. I could go on, but there is no need - MMEX stands on its own as a share-selling scheme based on conversion of toxic debt - the SEC filings document this.
Maybe you’ll run into Mad J. at the Grey Mule - rumor has it he’s not wearing his dentures tonight...