Mexus Gold US (MXSG)

[Belgie24]

Beautiful breakdown, John, clearly stated. The debt is NOT a problem if Mexus continues on the path to production. It will be easily repaid, as you say.

What we don't want to happen is a rewind of the Typenex convertible note, where there was no floor on the conversion to stock, so the stock price was almost driven to zero, and Typenex kept converting to more and more shares, with an anti dilution clause in their note, at very low prices.

That is part of the reason you were able to buy all those shares under a penny. Paul Thompson saved the day by signing on with MarMar, and they have been great to work with.