MMEX Resources Corporation (PK) (MMEX)

Decent volume day For This , don't see those very often

To gain some confidence they Need big investor with $4.5m

How the hell is he even diluting this anymore?

Do you or have you ever worked for Sabby 😂?
Hey Talk about scams sabbys convertible note and issued preferred with mmex stunk to high heaven imo, and that is also being looked into supposedly per reviewed documents
We charged investment adviser Sabby Management LLC & its managing partner, Hal D. Mintz, with fraud in connection with a long running scheme involving misrepresentations & violations of rules for short selling & order making, & other violative trading.
https://t.co/bW1LO0u2XD pic.twitter.com/fLgTiPwkDU— U.S. Securities and Exchange Commission (@SECGov) June 12, 2023
I'm going try and wait it out as long as possible and see what happens. Sorry I missed your point about being gullible.

It appears to me there's been a lot of pivots and re designs, ongoing litigation and such are just partially to blame for why the construction phase hasn't started . Need some confirmed buyer contracts too that actually want the products. Those should happen once other things are straightened out in court with SEC

Selling shares to gullible gamblers.
...
actual business plan...

Selling shares to gullible gamblers.
...
actual business plan...

Obvious scam. Who can't figure that out ?

It’s been like 13 years since they showed the land they were “building” on and it’s still bare flat land. 

I tried to figure out the whole shebang. Talked to higher up people who would be in the know at port of Corpus Christie.
That's how you find out stuff.

Honestly This is one of my largest positions, 😄that doesn't mean I sunk a ton of money into it either,
Avg .0001 , I get it though it's always been Big time speculation play ever since my first entry.
But, the longer I'm holding I become more curious and interested in the actual business plan.
Just gambling on whether or not it ever gets unpinned from the current floor price.

Some of my biggest gains ever, have been from the shadiest CEO run companies, Jack sounds like a winner 🏆 😀🤣

They own that dirt too don't they?

Of course there's nothing. It's not even in in that phase yet.

I told him there is one for sale in Convent, La on the Mississippi River with rail service. Owner financing. Includes connections to interstate gas pipes crossing the U.S.

Move in ready

No or very little money down

Established workforce ready to return to their plant

You would think with a mere 22 billion shares outstanding he could afford this and get producing again in 3-4 months

"One-man-show" Hanks is going to build a refinery 😆 🤣 😂. Because Exxon, Mobil, Sunoco, Chevron, Shell obviously are incompetent and don't know how, or what a great opportunity they're missing !

Wow, this Jack Hanks share promotion still around. I would have thought with their locked float and super low outstanding share structure of a mere 23 billion shares this energy giant would be trading in the tens of dollars

What a steal

MMEX “investors” should load the boat with these cheapies

MMEX, just a pile of shit since forever. CROOKED JACK HANKS, just a recidivist pennyscamming scumbag since 1948 (altho he prolly didn't begin the hardcore investment fraud until the 1960s with his daddy).

MMEX, just a pile of dirt since forever.

lol, I just look at satellite images of their “refinery” location from years ago and there’s absolutely nothing there.

Pretty stoked that they filed that 8-K. They've spent lots of time and money prepping for these big projects. Might finally have some extra cash in about a month and then I'll buy more shares

I don't fully get it what it all means lmbo
There's still a pulse ...

Well that’s quite curious, adding some additional intrigue for me.

Plus, we now have a tiny change in place with the Barchart Opinion page on MMEX. For as long as I can remember, their opinion has been a solid Hold, until the past month, which has now changed to a steady 8% Buy opinion.

Just waiting patiently for a big deal to pop!

8k out
Our Pecos UltraClean Refining, LLC & Trans Permian Energy, LLC subsidiaries have offered for sale units of preferred membership units to certain accredited investors in a private offering. We may accept up to $5.0 million of preferred units in connection with this offering. Each investment represents the ownership of an equal number of preferred units in each subsidiary. The preferred units are entitled to a return of capital and 18% make whole payment upon the closing by either subsidiary of a debt or equity placement for project financing. Each purchaser of preferred units will also receive a common membership percentage interest in each subsidiary at the rate of 0.1% for each $100,000 of preferred units purchased.



As of April 20, 2025, we had accepted subscriptions in the aggregate amount of $500,000. The issuance of securities described in this Item 3.02 were not registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws in reliance on the exemptions from registration provided by Section 4(a)(2) under the Securities Act and Regulation D promulgated thereunder.

Didn't this run to or way above  .20 cents last time$$$ MMEX $$$

I think the author expected too much too quick when it comes to mmex. I think a lot of people tend to be that way especially with enormous projects and plans that seem impossible. They get impatient, things should be done and when they think it should be, when in reality once a project of that size is announced, it's still years away from ever breaking ground. That part is obvious imo.
The rest of what they mentioned didn't seem too out of the ordinary for a OTC .0001 stinky pinky 😆. They all smell of foul play in one way or another at that price 😄

Ok, thanks for the info 👍

Being a scam makes it a scam.
What makes this a scam?

WOW! Refinery plans leaked !

Yup. Refinery "soon" 😆 🤣 "Any day now" 😆 🤣 😂

Hot damn, this blatant scam is still taking penny stock marks money ???

Obvious scam 9 years ago.
MMEX: Get Out While You Can https://www.insiderfinancial.com/mmex-resources-corp-otcmktsmmex-get-out-while-you-can/120122/

There's no refinery. Just a tired old scam dragging on for years, enriching insiders for doing nothing.

Yes, that would be key, virtually guaranteeing the company's ability to get project development loans.

I'm pretty stoked because Argentina is definitely moving towards being a sovereign nation and making sure they can produce enough energy for themselves. It just seems like that will help open the door for a new refinery.

Have to see some binding long term pre purchase agreements with the buyers and I'll be very happy

In a separate X post I saw today, someone was talking about a big move at the Federal Reserve this week as some top-positioned women was accused or caught committing fraud, getting her kicked out, and opening the door for Trump to take a controlling position from the Fed, finally wrestling control away from the Fed and the British empire, which would allow Trump to set interest rate policy.

Hopefully that will lead to the big interest rate cut that I’m counting on to really incentivize MMEX to launch a refinery with dramatically lower costs to borrow. I’ll try and find the post again.

18 months now since the Santa Cruz refinery project MOU was put into motion. Contractual terms should be well-finalized. Permitting was the next step after that, then financing right on the heels.

As countries around the world are seeing the importance of securing their own energy for the long haul, just seems completely logical that MMEX will deliver a refinery in the not-too-distant future!

Also seeing some good things about HyVelocity's future plans
Right now let's hope MMEX gets a project started here soon. Have been years of development phase already. that part should be good to go

In an X post I saw today, Argentina’s President Milei said they can guarantee Europeans energy security because of their shale down there. That sounds positive for MMEX getting their refinery off the ground down there. Just waiting for some magic to happen. Not selling my shares anytime soon unless it makes a surprise, monster run.

Still filing paperwork.
That's all I can ask of a stinky pinky that's barely alive 😄

You can't win em all. 😟

At one time or another in it's history Someone made money trading this. Wasn't me! Haha I know it's a lotto Gamble 🤞
Am definitely aware of all parties involved.
Thanks for your opinion 🙂

Gullible people like "Get-Rich-Quick" scams until they wake up. If people give him $30k, that encourages him to keep at it.
How does he keep getting away with this.

These guys are all scammers. All of them. There is no refinery, solar farm etc. Ever. They cant scam in tge US so now they are headed to Argentina with their scams. Unbelievable

How does he keep getting away with this.

Just a warning to all of you. Jack Hanks is a criminal. He will take your money. This is not an investment. Do your research. I lost 30k on his scams. Don't do it.

That’s a great new industry that has come into play. Sounds like they’ll need all the fuel they can get, and then some!

I think I have a couple of other plays that could move very soon and some of those profits are targeted for more shares here. I want all my shares before the end of April.

Very Very possible. They could supply AI systems with these! And MMEX turns into an AI play?$$$ MMEX $$'

A deal with supplying energy for data centers could be a big thing for them. These centers seem to be popping up all over the place

I'm just gonna sit on my pile of t1's and wait. willing to lose it all and so are a lot of other stakeholders if they are going to go the distance when there are already concerns and disappointment. Insiders seem to be positioned and holding though.
👋Happy trades!

No, they would know all this stuff inside and out. They’ve done projects in South America before.

In 2024 they provided links showing them signing a memorandum of Understanding with the Governor of Santa Cruz, with pictures and video, saying it’s at least a year just to finalize the details of a contract, with a permitting process after that. That was 18 months ago so they should be close to getting permitting.

I think it just comes down to negotiating a great deal that would make lots of profits over the course of many decades, and once they get something like that in place then they can make their decision about which project(s) to fund.

That would also depend upon how much money they can borrow and at what interest rate. If much cheaper loans become available in May because of the new Federal Reserve chairman, that should be a key opening opportunity to commit to a project. If they’re borrowing hundreds of millions of dollars to get a project off the ground, an extra couple of percentage points lower in interest rates can save many millions of dollars over the timeline of the loan.

Not investment advice, but they could surprise us at any time if they get pre-approved for a huge loan once the rates drop low enough. No guarantees. Just guessing logically. I’ve been waiting over 5 years for this moment. We may just get lucky. Oil and fuel demand in the world continues to grow.