Monday, March 23, 2015 2:54:56 PM
"(iii) Net loss from discontinued operations - $421,325 increase due to the Joint Venture Agreement entered into between Mexus Gold US, Mexus Gold Mining, Minerals La Negra S. de R.L. de C.V. and Trinidad Pacifica S. de R.L. de C.V. on November 1, 2012. The results of discontinued operations have been included in the consolidated financial statements of the Company up to March 24, 2014.
For the year ended March 31, 2014, we had revenues of $192,004 compared to $320,226 for the year ended March 31, 2013. We recorded revenues of $773,141 for the cumulative period from September 18, 2009 (Exploration Stage Re-Entry) through March 31, 2014.
The revenues of $192,004 for the year ended March 31, 2014 are from our gold mining operations in Mexico. While the Company is in the exploration stage we are earning revenue from placer operations and experimental mineral processing to help fund our exploration activities."
Now toss in $4 million as revenue on sale Mar 24, 2014 before closing Mar 31 annual report. " Golly, where did that come from?" 8
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