SUPER $TOCKS DD and RESEARCH FORUM

[DD_dempsey]

$MSPC-10Q out-pretty good news too check this out:

FURTHER CLARIFICATION that $MSPC still owns 40.9% of Etelix USA... however... shareholders also own 40% of Etelix USA-new merger Corp entity $PSNX. A ton of value also added to the books for quarter 2018! We can now expect more details on the dividend we will get too of $PSNX

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).

And check this out...

On June 2017, Metrospaces acquired 51% of Etelix USA.com common stock, a Miami-based fully operating telecommunications company. Upon the acquisition, Metrospaces consolidated Etelix USA.com’s financial statements. However, on June 28, 2018 Etelix USA.com merged with Puresnax International, an OTC Market publicly listed company, in a reverse-take over merger transaction. The surviving entity of this transaction was Etelix, however, upon this merger transaction Etelix became a publicly-listed company and quoted by OTC Markets. As a result of this transaction, Metrospaces’ ownership was diluted from a total of 51% of the Etelix’s common stock to 40.9% of the combined Puresnax-Etelix entity. Therefore, as of June 30, 2018 Metrospaces owned 40.9% of Puresnax’s publicly traded common shares which equal a total of 6,136,848 common shares. These shares are currently held in the balance sheet as a non-consolidated investment and are held at closing bid price of Puresnax’s common shares as quoted by OTC Markets.


AND NOW...this is very intriguing...REAL ESTATE REAL ESTATE -

We are currently in the process of RAISING FUNDS WITH INVESTORS FOR THE DEVEOLPMENT OF REAL ESTATE. Additionally, we invest in operating companies with a strong real estate component to them such as data centers.


With the public listing of Etelix USA.com, we no longer expect to need to fund the company’s operations. We expect Etelix to use its own capital structure to fund growth as well as acquisitions. We will however, continue to be part of the Board of Directors and thus focus on helping them source 3rd party investments and acquisitions targets. As of June 30, 2018 Etelix was exploring several acquisition targets and was also working a several potential investment structures including the possibility of registering a Regulation A equity offering.


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