Mining Company research board

[rbtree]

Mexus is virtually debt free

A reading of the filings shows that, yes, the worst toxic notes were paid off. But there remain quite a number of notes, most that seem to have made to people with close ties to the company that will be dilutive...and were offered with discounted terms, granted with better terms compared to the death spiral notes.

But, it did appear that Mexus lost a couple mil in the last six months.... so they surely have lots of red ink.