I sympathize. I'm sure everyone would like to see a positive PR - but who would believe it? Management can't even meet the bare minimums on regulatory requirements (AGM) and disclosure (where's the Monthly Progress Report on CNSX?). Every deadline has passed, and the mounting failures of Brent Johnson go without explanation.
The company has, to my knowledge, missed all the deadlines in their agreement with JL. The most recent ones would have passed within the last few days. MSX has breeched the agreement, and there's been no news of a successful renegotiation. So JL can just walk away with the millions of $ he's already spent, no?
As far as shareholders know there is currently no option agreement. Now where'd I put that panic button? Without an option agreement with JL, what does MSX have on the books? Debt, and no way to pay it. The most recent financials show MSX underwater even on its current accounts.
And while I'm going off... I find MSX's explanation of its current lawsuits amusingly vague.
Regarding Fitzgerald: "The Company and its attorneys have determined what the next step will be." Okay. And any chance these "next steps" include the application of topical pain relief because of the spanking MSX has taken? C'mon. Who does Brent think he's kidding by dangling some mysterious "next step" to this failed string of lawsuits?
Regarding Mrs. Jackholm: "The Company strongly believes that the matter will be settled to the satisfaction of Mrs. Jackholm and the shareholders of the Company." Really? Because what she wants is money, and MSX doesn't have any to give her. Maybe you have a different idea of what "satisfaction" means, but I doubt that you dragging you heels for months on end while she loses her properties ranks as one of Mrs. Jackholm's more satisfactory outcomes.
I really don't know how Mr. Johnson looks himself in the mirror.
AI
