Welcome to our dedicated page for Mmex Resources SEC filings (Ticker: MMEX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
MMEX Resources Corp. filings document capital actions tied to its development-stage energy infrastructure projects and subsidiaries. Recent Form 8-K reports describe unregistered sales of securities, including preferred membership units offered through Pecos UltraClean Refining, LLC and Trans Permian Energy, LLC, and common stock issued to consultants in lieu of cash compensation or upon conversion of convertible notes.
The disclosures also cover the company’s Nevada corporate status, project-financing arrangements, related-party consultant relationships, working-capital constraints, authorized-share limitations, and reliance on Securities Act private-placement exemptions. These filings connect MMEX’s capital structure to its planned hydrogen, refining, carbon capture and clean-energy infrastructure activities.
MMEX Resources Corporation, through its Pecos UltraClean Refining, LLC and Trans Permian Energy, LLC subsidiaries, is conducting a private offering of preferred membership units to accredited investors, with capacity to accept up to $5.0 million of preferred units.
As of April 20, 2025, subscriptions totaled $500,000. Each investment represents equal preferred units in both subsidiaries, entitled to return of capital plus an 18% make whole payment upon closing of project debt or equity financing, and grants 0.1% common membership interest in each subsidiary for every $100,000 invested.
MMEX Resources Corporation reported another loss-making quarter with no revenue. For the three months ended January 31, 2026, the company generated no revenues and recorded a net loss of $349,850, improving from a loss of $531,555 a year earlier. For the nine-month period, the net loss was $1,150,687, compared with $1,458,224 in the prior-year period, largely due to lower general and administrative and interest expenses.
At January 31, 2026, MMEX had total assets of $992,431 against total liabilities of $7,337,580, resulting in a stockholders’ deficit of $6,345,149. Cash was only $1,428, with a working capital deficit of $5,693,315. Current liabilities include multiple promissory and convertible notes, several of which are in default, and substantial related-party balances.
The company had 22,295,726,723 common shares outstanding as of January 31, 2026, up from 11,340,977,507 at April 30, 2025, mainly from conversions of debt and stock issued for services. All 50,000,000,000 authorized common shares are issued or reserved. Management states that recurring losses, limited cash, significant debt and the working capital deficit raise substantial doubt about MMEX’s ability to continue as a going concern.
MMEX Resources Corporation reported results for the quarter ended October 31, 2025, with no revenues and a net loss of $364,698 for the quarter and $800,837 for the six months. Operating expenses declined year over year as consulting costs were reduced, but the company continues to fund development-stage clean fuels and hydrogen projects without generating sales.
Liquidity is very tight: cash was $546 and the working capital deficit was $5,450,133 at October 31, 2025. Total liabilities were $6,991,250, and the accumulated deficit reached $84,021,686, resulting in a stockholders’ deficit of $5,995,299. Management states these conditions raise substantial doubt about MMEX’s ability to continue as a going concern.
The capital structure is highly leveraged and dilutive. Common shares outstanding more than doubled from 11,340,977,507 to 22,295,726,723 during the six months, driven mainly by conversions of related-party and other convertible notes exceeding $700,000 of principal. Several notes and convertible notes are in default, the company is involved in ongoing litigation with Sabby Volatility Warrant Master Fund, and all authorized common shares are issued or reserved. After quarter end, MMEX entered into a related-party convertible line of credit of up to $1,000,000.
MMEX Resources Corporation reported an unregistered issuance of 1,565,000,000 shares of common stock effective October 21, 2025. The shares were issued to consultants to satisfy a portion of past due obligations for services and upon conversion of previously issued convertible notes. The company had previously been unable to issue these shares due to a lack of authorized shares.
MMEX said the stock was issued in lieu of cash compensation to conserve working capital and align consultants’ interests with shareholders. The consultants include parties related to directors Jack W. Hanks and Bruce N. Lemons. The issuance was made in reliance on exemptions from registration under Section 4(a)(2) of the Securities Act and Regulation D.
MMEX Resources Corp reported severe near-term liquidity stress and multiple note defaults. The company had $59 cash and a working capital deficit of $5,145,510 at July 31, 2025, raising substantial doubt about its ability to continue as a going concern. Several convertible notes carrying an effective 18% in lieu of interest were issued and recorded with debt discounts and attached warrants; multiple notes went into default when maturities passed without extension. The company recorded losses on extinguishment of debt and allocated material proceeds to warrants, increasing potential dilution. The filing also references large authorized share counts and reserved shares related to litigation and conversions.
MMEX Resources Corp reported severe near-term liquidity stress and multiple note defaults. The company had $59 cash and a working capital deficit of $5,145,510 at July 31, 2025, raising substantial doubt about its ability to continue as a going concern. Several convertible notes carrying an effective 18% in lieu of interest were issued and recorded with debt discounts and attached warrants; multiple notes went into default when maturities passed without extension. The company recorded losses on extinguishment of debt and allocated material proceeds to warrants, increasing potential dilution. The filing also references large authorized share counts and reserved shares related to litigation and conversions.