MMEX's reverse split was inevitable, due to the di

MMEX's reverse split was inevitable, due to the dilutive effect, and ballooning of the outstanding shares - all the consequence of Mad J.'s use of floor-less, convertible toxic debt.

MMEX's price was on a steady decline, the combined effect of the extraordinary dilution, and the lack of material, positive forward progress - recall that five commitments to obtain and close on project financing failed.

When the reverse split was announced, the filings were incorrect, and there were other structural problems, which delayed the execution of the event. This further depressed MMEX's share price, and stagnated volume, due to the overhanging reverse split event. Finally, as MMEX's share price had declined to 0.0014, despite several attempted pumps, FINRA approved the split.

Of course, the MMEX STRONG would like to ignore this - gross incompetence by Mad J., combined with malfeasance and fraud.

Here is the figure of record, the historical pricing for MMEX on the date the split was announced - which was concurrent with a pumping attempt:

Sep 14 2018 0.0032 0.0043 0.001 +30.30% 0.0032 0.0047999 94,175,148

MMEX's PPS on the date the split was announced, just after the market closed, was in fact 0.0043. The ex-split price at 0.0014 reflected a 67% loss in value between the date the split was announced, and execution of the split was effective.