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MMEX MMEX Resources Corporation (PK)

0.00015
-0.00005 (-25.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
MMEX Resources Corporation (PK) USOTC:MMEX OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.00005 -25.00% 0.00015 0.0001 0.0002 0.0002 0.0001 0.0002 97,852,777 20:59:42

Statement of Changes in Beneficial Ownership (4)

08/08/2019 2:27pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Lemons Bruce
2. Issuer Name and Ticker or Trading Symbol

MMEX Resources Corp [ MMEX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

7 NORTHRIDGE LANE
3. Date of Earliest Transaction (MM/DD/YYYY)

7/31/2019
(Street)

SANDY, UT 84092
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock                  1904364   I   Shares owned by BNL Family Trust   (1)
Class A Common Stock                  327369   I   Shares owned by AAM Investments, LLC   (2)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to purchase   $0.08   12/11/2018     J      100000       12/11/2018   12/11/2023   Class A Common Stock ($.001 par value)   100000   (4) $0.08   0.00   I   Option owned by BNL Family Trust   (1)
Option to purchase   $0.08   12/11/2018     J      100000       12/11/2018   12/11/2023   Class A Common Stock ($.001 par value)   (7) 100000   (5) (6) $0.08   0.00   I   Option owned by BNL Family Trust   (1)
Option to purchase   $0.002   8/29/2017     J      1000000       3/31/2017   3/31/2022   Class A Common Stock ($.001 par value)   (7) 1000000   (3) (6) $0.002   0.00   I   Option owned by BNL Family Trust   (1)
5% Convertible Note due 2020   $0.0003   (7) 8/5/2019     C      54545455   (7)      8/5/2019   8/5/2020   Class A Common Stock ($.001 par value)   (7) 54545455   (7) $0.0003   (7) 0.00   I   Owned by BNL Family Trust   (1)

Explanation of Responses:
(1)  Mr. Lemons and his family are the beneficiaries of BNL Family Trust.
(2)  AAM Investments, LLC is indirectly owned by BNL Family Trust, a trust established for the benefit of Mr. Lemons and his family.
(3)  Maple Resources Corporation granted BNL Family Trust, a trust established for the benefit of Mr. Lemons and his family, an option to purchase 1,000,000 shares of Class A Common Stock at $0.002 per share through March 2022.
(4)  Maple Resources Corporation granted BNL Family Trust, a trust established for the benefit of Mr. Lemons and his family, an option to purchase 100,000 shares of Class A Common Stock at $0.08 per share through December 2023.
(5)  Maple Resources Corporation granted BNL Family Trust, a trust established for the benefit of Mr. Lemons and his family, an option to purchase 100,000 shares of Class A Common Stock at $0.08 per share through December 2023.
(6)  Class B common stock was converted into Class A common stock on 7/31/2019.
(7)  Number of shares and conversion price are estimated based on an assumed conversion of the principal balance of the note ($15,000) on date of issuance. The actual number of shares and conversion price will be determined based on a conversion price that is equal to 110% of the lowest conversion price from unaffiliated noteholders within twenty trading days of the date of conversion by noteholder.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Lemons Bruce
7 NORTHRIDGE LANE
SANDY, UT 84092
X



Signatures
/s/ Bruce N. Lemons 8/8/2019
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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