Mexus Gold US (MXSG)

[1manband]

Mexus has NOT paid off any of the Power Up notes. Instead, they took out new notes which were used to pay off the prior notes WITH MASSIVE PENALTIES.

They just rolled the debt forward and increased the amount every time. This quarter will be no different.

Mexus just keeps digging that debt hole deeper and deeper, but one day, without warning, it will collapse in on them and they won't be able to borrow any more money. When that happens, Power Up will start converting and dumping massive amounts of stock, which will massacre the stock price.

The SEC filings are factual about that.