Mexus Gold US (MXSG)

[learningthetruth]

MEXUS DETAILED BREAKDOWN...

Just one comment before I post the detail.......Mexus DEBT(Currently 1 million in Debt and $300k of that owed to PT) is TINY compared to current market cap($38 Million) and will continue as such until all debt is paid off within the next year..SO...NO WORRIES AT ALL! With gold about to be processed, produced and poured; MEXUS is in fantastic financial shape given the JV with MarMar and properties that are owned by MEXUS.


Accounts payable and accrued liabilities: $87,294
(No breakdown given or needed, is what it is)

Accounts payable - related party: $187,883

PT Rent: $15,000
PT Compensation $156,880

Notes payable (net unamortized debt discount of $0 and $54,112, respectively): $349,937

Note Payable Advance: $15,000
Note Payable Advances(Various Investors): $257,787
Notes Payable(Accounting Firm-this is now paid in full): $77,150

Note payable - related party: $104,025

PT-Tauras: $94,532
PT-North Pacific: $9,493

Promissory notes (net of unamortized debt discount of $64,350 and $88,480, respectively): $415,812

Promissory Note: $95,000
David Long: $36,612
Will Brinker: $284,200

TOTAL CURRENT LIABILITIES: $1,144,951

Few Years down the road....Stock Buybacks and Dividends :D ;)