Unfortunately for MMEX (retail "investors"
MMEX is nothing more than a share-selling scheme based on toxic debt.
All one needs to do is evaluate MMEX's SEC filings, market performance, and history of its principals to ascertain that MMEX is a shell company, designed to defraud through quasi-legal means, unsophisticated OTC "investors." MMEX has failed to deliver any material positive results in more than 18-months.
The first statement has been proven false time and time again. All one needs to do is visit eia.gov, and other credible information sources, to see that several refinery systems of equal or greater capacity have been constructed and brought on line. The second statement is speculation, with no verifiable source.
This is partially right - the information regarding MMEX's fraudulent nature is clear - the second statement is wrong - MMEX is not a "real project," unless said project is defrauding "investors."
Nobody cares about MMEX, except Mad J. and the MMEX promotors - and MMEX cannot possibly "succeed," as it is:
a super-dilutive OTC shell company, with no business operations, no employees, no assets, no intellectual property, no proprietary technology, no luminary management or technical team, no suppliers, no customers, no value. In addition, MMEX is insolvent, carrying nearly $40-million in cumulative losses and liabilities. MMEX is not eligible for any form of legitimate capital access - hence its sole income stream has been the proceeds of toxic lending.
MMEX is nothing more than a share-selling scheme based on toxic debt. Quote:MMEX is a legitimate company starting a new multi-million dollar project. It's not something to invest in if you want overnight results.
All one needs to do is evaluate MMEX's SEC filings, market performance, and history of its principals to ascertain that MMEX is a shell company, designed to defraud through quasi-legal means, unsophisticated OTC "investors." MMEX has failed to deliver any material positive results in more than 18-months.
Quote:The first Oil Refinery in 40 years will be spectacular. The whole town of Fort Stockton is on-board with this project.
The first statement has been proven false time and time again. All one needs to do is visit eia.gov, and other credible information sources, to see that several refinery systems of equal or greater capacity have been constructed and brought on line. The second statement is speculation, with no verifiable source.
Quote:The information is clear.
This is a real project.
This is partially right - the information regarding MMEX's fraudulent nature is clear - the second statement is wrong - MMEX is not a "real project," unless said project is defrauding "investors."
Quote:SOMEBODY VERY WORRIED THAT MMEX WILL BE A SUCCESS.
Nobody cares about MMEX, except Mad J. and the MMEX promotors - and MMEX cannot possibly "succeed," as it is:
a super-dilutive OTC shell company, with no business operations, no employees, no assets, no intellectual property, no proprietary technology, no luminary management or technical team, no suppliers, no customers, no value. In addition, MMEX is insolvent, carrying nearly $40-million in cumulative losses and liabilities. MMEX is not eligible for any form of legitimate capital access - hence its sole income stream has been the proceeds of toxic lending.
