Mad Jacki-boi’s little favor to his toxic lendin
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Posted On: 12/12/2018 5:27:40 PM
Mad Jacki-boi’s little favor to his toxic lending pals is probably lost MMEX retail "investors".
Prior to this accelerated registration, and after the split, there were 30,108,168 shares outstanding.
Mad J. handed his loan-shark pals 19,166,667 shares on the two “deals” that underpin his cram-down; these 19.1-million shares represent nominally 64% of the OS after the reverse split!
MMEX doesn’t receive a nickel of the proceeds from the sale of the newly registered shares - it all goes to Mad J.’s toxic lending pals - but wait, there’s more! MMEX bears all the costs of the registration, and other financial elements involved - guess who pays for that? Why, MMEX retail “investors” of course!
What a sweet deal for Mad Jacki-boi and his pals!
Just imagine the impact on MMEX’s PPS as the toxic lenders liquidate 19.1-million shares of this toxic trash, with a minimum dilutive impact to existing shareholders >36% based on the current average PPS… What a train-wreck.
The MMEX advocates are going to have to work double-time - with these pathetic volumes, imagine how long it will take the market to absorb nearly 20-million shares of Mad J.’s toxic MMEX trash!
Mad J. is counting on the MMEX advocates, to generate rumor-based pumps, and help his toxic lending pals liquidate…
With the average MMEX daily volume since the reverse split, it would take a 154 trading days for Mad J.’s loan-shark pals to liquidate - depressing the PPS all the while. That’s just outrageous! So all the MMEX advocates need to get on board, and load (very 5x) daily, even if you have to rattle all the fillings out of granny’s teeth, and sell plasma.
Remember, Mad J’s counting on you!
Prior to this accelerated registration, and after the split, there were 30,108,168 shares outstanding.
Mad J. handed his loan-shark pals 19,166,667 shares on the two “deals” that underpin his cram-down; these 19.1-million shares represent nominally 64% of the OS after the reverse split!
MMEX doesn’t receive a nickel of the proceeds from the sale of the newly registered shares - it all goes to Mad J.’s toxic lending pals - but wait, there’s more! MMEX bears all the costs of the registration, and other financial elements involved - guess who pays for that? Why, MMEX retail “investors” of course!
What a sweet deal for Mad Jacki-boi and his pals!
Just imagine the impact on MMEX’s PPS as the toxic lenders liquidate 19.1-million shares of this toxic trash, with a minimum dilutive impact to existing shareholders >36% based on the current average PPS… What a train-wreck.
The MMEX advocates are going to have to work double-time - with these pathetic volumes, imagine how long it will take the market to absorb nearly 20-million shares of Mad J.’s toxic MMEX trash!
Mad J. is counting on the MMEX advocates, to generate rumor-based pumps, and help his toxic lending pals liquidate…
With the average MMEX daily volume since the reverse split, it would take a 154 trading days for Mad J.’s loan-shark pals to liquidate - depressing the PPS all the while. That’s just outrageous! So all the MMEX advocates need to get on board, and load (very 5x) daily, even if you have to rattle all the fillings out of granny’s teeth, and sell plasma.
Remember, Mad J’s counting on you!
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