SUPER $TOCKS DD and RESEARCH FORUM

[DD_dempsey]

$MSPC-10Q out to remain current and check this out:

Etelix USA.com, LLC:
On June 2017, Metropsaces acquired a 51% majority control position of the common units. The acquisition price was $2,040,000 of which $240,000 was in cash, and $1,800,000 backed by a Preferred PIK. The transaction was executed completely and in form, however, the Preferred PIK is yet to be designated. This debt is currently reflected as short-term debt on our balance sheet. However, the financial statements of Etelix USA.com are no longer being consolidated with Metrospaces, Inc. since Etelix USA.com was merged in what was considered a reverse-take over operation with Puresnax International, an OTC Markets publicly listed company which quotes under the stock symbol OTC:PSNX. This merger transaction was concluded on June 28th, 2018. Upon the conclusion of this transaction, Metrospaces’ equity participation in the company was diluted from 51% to 40.9%. However, Metrospaces now owns approximately 40% of Puresnax’s publicly traded common stock. As of June 28, 2018 Metrospaces owned 6,136,848 common shares of Puresnax International (OTC:PSNX).


https://backend.otcmarkets.com/otcapi/company/financial-report/200106/content