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Tuesday, May 15, 2018 5:59:43 PM
Loan is due on 21 of may.
The company's 10-Q filed with the SEC on 2/17/2018 states;
On November 14, 2017, the Company issued a Convertible Promissory Note (“Note”) to JMJ Financial (“Holder”), for a principal sum of $166,667 plus one-time 10% interest charge of $16,667 which matures on May 14, 2018 for $150,000 in cash. The Company may repay the Note and interest any time in cash before the maturity date without a prepayment penalty. If the Company defaults on repayment, this Note together with any unpaid accrued interest is convertible into shares of common stock at the Holder’s option at a variable conversion price calculated as lesser of (a) $0.0375 or (b) 50% (40% if the conversion shares are not deliverable by DWAC) of the lowest trade occurring during the 25 consecutive trading days immediately preceding the conversion date.
Link:Mexus Form 10-Q filed 2/17/18
Perhaps there is a 1 week gap between maturity date and payment due date, but I've not heard of that before.
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