MMEX Resources Corp. Corrects Accountant City Reference in 10-K/A

Ticker: MMEX · Form: 10-K/A · Filed: Jul 30, 2024

Sentiment: neutral

Topics: amendment, filing-correction, financial-reporting

TL;DR

MMEX Resources Corp. 10-K/A filing corrects a minor error in accountant city reference, no other updates.

AI Summary

MMEX Resources Corp. filed an amendment (10-K/A) on July 29, 2024, to its Annual Report on Form 10-K for the fiscal year ended April 30, 2024. This amendment corrects an error in the city reference for the independent accountants' report, specifically on pages F-2 and F-3. No other information in the original filing has been updated.

Why It Matters

This filing ensures the accuracy of the independent accountants' location, which is crucial for the integrity and reliability of the company's financial reporting.

Risk Assessment

Risk Level: low — The amendment is a minor correction to an administrative detail in the independent accountant's report and does not reflect new financial information or significant business changes.

Key Players & Entities

MMEX Resources Corp. (company) — Filer of the 10-K/A amendment
April 30, 2024 (date) — Fiscal year end for the original 10-K filing
July 29, 2024 (date) — Date of the original 10-K filing and the amendment filing
F-2 and F-3 (document_section) — Pages containing the independent accountants' report with the error

FAQ

What specific error was corrected in the 10-K/A filing?

The error corrected was in the city reference for the independent accountants, as noted on pages F-2 and F-3 of the original 10-K filing.

What is the primary purpose of this 10-K/A filing?

The primary purpose is to correct an error in the city reference for the independent accountants' opinion in the Annual Report on Form 10-K for the fiscal year ended April 30, 2024.

Has the financial information in the original 10-K been updated by this amendment?

No, this Amendment No. 1 has not been updated for events subsequent to the original filing date, and the information is subject to updating in future periodic reports.

When was the original 10-K report filed?

The original Annual Report on Form 10-K for the fiscal year ended April 30, 2024, was filed on July 29, 2024.

What is the company's fiscal year end?

The company's fiscal year end is April 30.

Filing Stats: 1,680 words · 7 min read · ~6 pages · Grade level 14.8 · Accepted 2024-07-30 10:08:15

Key Financial Figures

$0.001 — the Exchange Act: Class A Common Stock, $0.001 par value Indicate by check mark if th

Filing Documents

mmex_10ka.htm (10-K/A) — 41KB
mmex_10kaimg2.jpg (GRAPHIC) — 8KB
0001477932-24-004432.txt ( ) — 232KB
mmex-20240430.xsd (EX-101.SCH) — 6KB
mmex-20240430_lab.xml (EX-101.LAB) — 20KB
mmex-20240430_cal.xml (EX-101.CAL) — 1KB
mmex-20240430_pre.xml (EX-101.PRE) — 13KB
mmex-20240430_def.xml (EX-101.DEF) — 2KB
mmex_10ka_htm.xml (XML) — 6KB

Financial Statements and Supplementary Data

Item 8. Financial Statements and Supplementary Data The following Report of Independent Registered Public Accounting Firm replaces the report set forth on pages F-2 and F-3 of the original filing: REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors and Stockholders of MMEX Resources Corporation Opinion on the Consolidated Financial Statements We have audited the accompanying consolidated financial statements of MMEX Resources Corporation (the Company), which comprise the consolidated balance sheets as of April 30, 2024 and 2023, and the related consolidated statements of operations, stockholders' deficit, and cash flows for the years then ended, and the related notes to the financial statements. In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of April 30, 2024 and 2023 and the results of their operations and their cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America. Going Concern The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 3 to the financial statements, the Company has recurring net losses, working capital deficit, and stockholders' deficit as of April 30, 2024, which raises substantial doubt about its ability to continue as a going concern. Management's plans regarding those matters are also described in Note 3. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty. Basis for Opinion These consolidated financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's consolidated financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Ove

SIGNATURES

SIGNATURES In accordance with Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this amendment to its annual report on Form 10-K to be signed on its behalf by the undersigned thereto duly authorized. MMEX Resources Corporation (Registrant) Date: July 30, 2024 By: /s/ Jack W. Hanks Jack W. Hanks, Chairman Pursuant to the requirements of the Securities Exchange Act of 1934, this amendment to annual report on Form 10-K has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. SIGNATURE TITLE DATE /s/ Jack W. Hanks Chairman and Chief Executive Officer July 30, 2024 Jack W. Hanks (Principal Executive Officer) President. Chief Financial Officer and Director (Principal Financial and Accounting Officer) /s/ Bruce N. Lemons Director July 30, 2024 Bruce N. Lemons 5