MMEX is pretty much toast. After Mad J.’s disas
Post# of 4466
(Total Views: 1471)
Posted On: 03/13/2019 5:05:39 PM
MMEX is pretty much toast. After Mad J.’s disastrous interview in the Fort Stockton Pioneer, the accidental disclosures in his February “investor” shite-pitch, and most recently, the investor horror novel of a 10-Q, MMEX is done for.
No discussions on financing up to March 12, 2019 - as disclosed in the 10-Q. Costs run up to now $93-million, for a proposed rudimentary topping unit that could never run at break-even, let alone positive cash-flow.
The ongoing dilution continues to crush retail “investors” out of existence, and the PPS has declined almost 76% from the ex-split price!
Any bag-holder long in MMEX has lost more than 96% of their investment, since the first run-up in April 2017.
MMEX - You’ve been scammed!
No discussions on financing up to March 12, 2019 - as disclosed in the 10-Q. Costs run up to now $93-million, for a proposed rudimentary topping unit that could never run at break-even, let alone positive cash-flow.
The ongoing dilution continues to crush retail “investors” out of existence, and the PPS has declined almost 76% from the ex-split price!
Any bag-holder long in MMEX has lost more than 96% of their investment, since the first run-up in April 2017.
MMEX - You’ve been scammed!
(0)
(0)