Apologists for Mad J. fail to advance MMEX-scam’
Post# of 4466
The public record, MMEX-scam’s shart-holder letters, stands.
MMEX-scam isn’t a legit project in any real-world sense. The fantasy element embedded in the MMEX-scam share-selling scheme is intended to work on a certain class of susceptible individuals - the SEC, in juried research work finds that most of Mad J.’s marks fall into two categories: the degenerate gambler, looking for lottery-like outcomes, and the elderly, desperate to make-up for retirement fund short-falls.
Most MMEX advocates fail to understand that the refining sector is now more than 100-years old. There is little, if any technical, or technology risk. Processes are so well-understood that modern design tools, given spreadsheet inputs, can produce a complete, and correct refinery design, including accurate cost estimates for a given region. Thus, no competent organization would, or should have trouble getting it right the first time.
Unfortunately for MMEX-scam retail “investors,” Mad J. lacks any competence, other than as grifter and con-man.
The five failed financing attempts (if there really were actually any attempts) came from MMEX-scam’s grifter CEO, Mad J., committed to writing in shart-holder updates. There’s no “undo” on that - they’re a matter of evidence.
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He never committed to anything. What's happening here is business in the real world in real time. It doesn't always happen as soon as everyone would like it to. He had some expected timelines. They didn't happen due to unforeseen circumstances he had no control over. Oil Refinery Construction is not an easy overnight thing.
Not sure where you get your info from.