MMEX on OTC

MMEX Resources Corp

MMEX Resources Corp is an American allied to motion picture production services company based in Austin.2

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Last updated Oct 20, 2026.

Overview

$0Revenue, fiscal 20263
-$1.9MNet income, fiscal 20263

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  • TickerMMEX on OTC2
  • IndustryServices-Allied To Motion Picture Production2
  • HeadquartersAustin, United States2
  • Incorporated inNV4
  • Business address3600 Dickinson, Fort Stockton, Tx 797354
  • Filer categoryNon-accelerated filer, Smaller reporting company4
  • Legal formCorporation2
  • LEI549300MDPGXTIPKGQ9542
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O C T CORPORATION SYSTEM, 89701 Carson City, United States2
  • Registered withBusiness Center (Secretary of State), E0311652005-22

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MMEX Resources Corporation (“MMEX”) was formed as a Nevada corporation in 2005. The current management team lead an acquisition of the Company (then named Management Energy, Inc.) through a reverse merger completed in 2010 and thereafter changed the Company’s name to MMEX Resources Corporation.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

-$506.8KFree cash flow3

Financial statements

Revenue678910113$0 in 2026
02019: $0$020192020: $0$020202021: $0$020212022: $0$020222023: $0$020232024: $0$020242025: $0$020252026: $0$02026
Operating income678910113-$1.4M in 2026−28% since 2019
-$3.0M-$2.0M-$1.0M02019: -$1.9M-$1.9M20192020: -$1.2M-$1.2M2020−39%2021: -$1.1M-$1.1M2021−6%2022: -$3.0M-$3.0M2022+174%2023: -$1.8M-$1.8M2023−39%2024: -$1.3M-$1.3M2024−28%2025: -$1.4M-$1.4M2025+10%2026: -$1.4M-$1.4M2026−5%
Net income678910113-$1.9M in 2026−52% since 2019
-$30.0M-$20.0M-$10.0M02019: -$4.0M-$4.0M20192020: -$4.4M-$4.4M2020+10%2021: -$24.5M-$24.5M2021+458%2022: -$228.7K-$228.7K2022−99%2023: -$2.0M-$2.0M2023+765%2024: -$2.5M-$2.5M2024+25%2025: -$2.3M-$2.3M2025−7%2026: -$1.9M-$1.9M2026−17%

Every line of the income statement as filed: the last 2 fiscal years, latest first.3

Period ending2026-04-302025-04-30
Revenue$0$0
General and administrative expenses$1.2M$1.4M
Refinery start-up costs$80.2K$5.4K
Depreciation and amortization$36.4K$36.4K
Total Operating Expenses$1.4M$1.4M
Loss From Operations-$1.4M-$1.4M
Interest expense-$254.0K-$461.7K
Gain (loss) on extinguishment of liabilities-$297.6K-$400.2K
Total Other Income (Expense)-$551.6K-$861.9K
Loss Before Income Taxes-$1.9M-$2.3M
Provision for Income Taxes$0$0
Net Loss-$1.9M-$2.3M
Non-controlling interest$4.5K$0
Net Loss Attributable to the Common Shareholders-$1.9M-$2.3M
Net loss per common share - basic and diluted$0.00$0.00
Weighted average number of common shares outstanding - basic and diluted18.5B shares10.2B shares

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Corporate structure

MMEX Resources Corp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of MMEX Resources Corp

  • SABBY MANAGEMENT, LLC Filed SC 13G on MMEX Resources Corp, latest Jan 3, 2024 (2 filings since Jan 3, 2024)
  • MMEX Resources Corp Austin, Texas, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What MMEX Resources Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$1.2M3 Apr 30, 2026$1.2M3 Apr 30, 20250%
Accumulated depreciation$279.3K3 Apr 30, 2026$242.9K3 Apr 30, 2025+15.0%
Property and equipment, net$968.6K3 Apr 30, 2026$1.0M3 Apr 30, 2025−3.6%

Properties, in its own words

Our office address for mailing purposes is 3616 Far West Blvd. #117-321, Austin, Texas 78731. Our executive physical office is located at 3400 West Dickinson Blvd, Fort Stockton, Texas, 79735 near the sites of our proposed clean fuels and hydrogen projects.

We own a total of approximately 1,081.45 acres in Pecos County, Texas that are the sites for our planned clean fuels and hydrogen projects.

Item 2 of the 10-K filed Jul 29, 2026.5

Leadership

Who has led MMEX Resources Corp, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. John Paul Baugues Jr.2009
  2. Jack Walton Hanks2017–2022

Chair

  1. Tydus Richards2009

President

  1. Jack Walton Hanks2017–2022

Chief financial officer

  1. Matthew K. Szot2009
2010201520202025
Board members and other officers (3)

Former names

  • MMEX Mining CorpJan 20, 2011 to Nov 5, 20154
  • Management Energy, Inc.Jul 28, 2009 to Feb 11, 20114
  • MGMT ENERGY, INC.Mar 4, 2009 to Jul 16, 20094
  • Quantum Information, Inc.Jul 29, 2008 to Feb 6, 20094

Timeline

  1. Sep 17, 20268-K New debt or obligation20
  2. Apr 21, 20268-K Unregistered sale of shares21
  3. Oct 23, 20258-K Unregistered sale of shares22
  4. Sep 2, 20258-K Unregistered sale of shares23
  5. Feb 5, 20248-K Regulation FD disclosure24
  6. Oct 6, 20238-K Other events25
  7. Sep 14, 20238-K Other events26
  8. Aug 14, 20238-K Regulation FD disclosure27
  9. May 30, 20238-K Debt or obligation accelerated28
  10. May 15, 20238-K Unregistered sale of shares29
  11. Aug 5, 20228-K Unregistered sale of shares30
  12. Jun 10, 20228-K Entered a material agreement; Unregistered sale of shares31
  13. Aug 29, 2017New chief executive Jack Walton Hanks becomes CEO15
  14. Feb 6, 2009New chief executive John Paul Baugues Jr. becomes CEO16

Filings

67 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 15 major events, 7 insider forms, 2 large holders, 1 private raises, 20 other. The latest 20:

  1. Sep 17, 20268-K EDGAR
  2. Sep 8, 202610-Q EDGAR
  3. Jul 29, 202610-K EDGAR
  4. Apr 21, 20268-K EDGAR
  5. Mar 10, 202610-Q EDGAR
  6. Dec 11, 202510-Q EDGAR
  7. Oct 23, 20258-K EDGAR
  8. Sep 15, 202510-Q EDGAR
  9. Sep 2, 20258-K EDGAR
  10. Jul 29, 202510-K EDGAR
  11. Mar 14, 202510-Q EDGAR
  12. Dec 16, 202410-Q EDGAR
  13. Sep 16, 202410-Q EDGAR
  14. Sep 6, 2024DEF 14C EDGAR
  15. Aug 19, 2024PRE 14C EDGAR
  16. Jul 30, 202410-K/A FORM 10K/A EDGAR
  17. Jul 29, 202410-K EDGAR
  18. Jun 24, 2024DEF 14C EDGAR
  19. Jun 11, 2024PRE 14C EDGAR
  20. Mar 15, 202410-Q EDGAR

The 67 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Nov 11, 2021Katabi Nabil10% ownerSale47,321$0.48$22.7KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Dec 28, 2021Raised $1.5 million in a private offering of equity Form D: 1 investor so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Financial Gravity Companies, Inc.3$00.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How MMEX Resources Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMMEX Resources Corp1
  • CIK0001440799
  • Employer ID (EIN)26-17491455
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
  • Incorporated inNevada5
  • Fiscal year endsApril 301
  • Industry code (SIC)7819 Services-Allied To Motion Picture Production1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address3600 Dickinson, Fort Stockton, TX 797351
  • Phone855-880-04001
  • Shares outstanding22,295,726,723 as of Sep 8, 202614
  • Public float$2.1M as of Oct 31, 20255
  • AuditorM&K CPAS, PLLC, Woodlands, TX PCAOB ID 27385
  • On EDGAR sinceJul 29, 20081
  • Filings283 in all: 8-K (93), 10-Q (55), 4 (19), 10-K (18), DEF 14C (12), PRE 14C (12), UPLOAD (9), NT 10-Q (8)1
    All 31 form types

    CORRESP (7), 3 (6), NT 10-K (6), S-1/A (5), 10-Q/A (3), 8-K/A (3), EFFECT (3), S-1 (3), SC 13G (3), 1-A/A (2), 424B3 (2), RW (2), S-3 (2), 1-A (1), 10-K/A (1), 4/A (1), 424B5 (1), 8-A12G (1), AW (1), D (1), QUALIF (1), S-1MEF (1), S-3/A (1)

  • Latest filingsAnnual report (10-K) Jul 29, 2026
    Quarterly report (10-Q) Sep 8, 2026
    Latest 8-K (8-K) Sep 17, 2026

Risk factors and legal proceedings

Legal proceedings

In the ordinary course of business, we may be, or have been, involved in legal proceedings from time to time. As of the date of this filing, we have no pending or threatened legal proceedings.

On May 26, 2023, Sabby Volatility Warrant Master Fund Ltd. (“Sabby”) filed its complaint against the Company in the Supreme Court of the State of New York, New York County, seeking relief with respect to certain MMEX securities held by Sabby. By Order dated September 13, 2023, the Court granted certain relief to Sabby, including the right to exercise its MMEX securities in exchange for MMEX common stock, with sale proceeds placed in escrow with Olshan Frome Wolosky LLP, counsel to Sabby.

In July 2026, the Company entered into a Settlement Agreement and Release with Sabby resolving the action pending in the Supreme Court of New York, New York County (Index No. 652571/2023) with respect to the Company’s Series B Convertible Preferred Shares (stated amount $985,000) and a promissory note in the principal amount of $183,955 held by Sabby. Under the agreement, the Company agreed to pay Sabby $533,750, of which $266,875 was paid on July 21, 2026 and the balance is payable within 90 days of the agreement. Upon receipt of the initial payment, Sabby surrendered the preferred shares and the note for cancellation, the 9,025,000,000-share conversion reserve was terminated, and the parties exchanged mutual general releases; a stipulation of dismissal will be filed with the court. Because the settlement provided additional evidence about conditions existing at the balance sheet date, the Company recorded a liability of $297,552 and a corresponding loss on litigation settlement in the fiscal year ended April 30, 2026. Sabby retains 190,257,512 previously issued shares of common stock.

The opening of Item 3, Legal Proceedings.5

Sources

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