secwatch.observer — SEC 8-K summary
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Issuer:     MMEX Resources Corp (MMEX)
CIK:        0001440799
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001477932-23-003424
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

MMEX Resources issues 3.2B shares to consultants for $205K fee conversion; dilutive financing
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- Issued 16,388,715 shares for past due obligations to related-party consultants.
- Consultants converted $205,000 of $293,459 accrued fees into 3,213,169,969 shares at 110% of debt conversion rate.
- Terminated Series E warrants; issued Series F warrants for 50M shares each to three parties.
- All shares issued unregistered under Section 4(a)(2) and Regulation D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1440799/000147793223003424/0001477932-23-003424-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1440799/000147793223003424/mmex_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-003424

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