Mexus Gold US (MXSG)

[saildone]

What Power Up and JSJ are doing is EXACTLY the same as the two toxic death spiral lenders named in the SEC cases. EXACTLY the same

No it is not.

No more than if a lender took trucks and equipment, in lieu of cash and then sold it, would make that lender a heavy equipment dealer.
Now if a business bought and sold heavy equipment that would make them a dealer.

The behaviors are similar but not the exact same thing. The lenders did not purchase the stock, they took it when the borrower was unable to pay cash. Had the borrower been able to pay cash then they would have taken the cash. (Which is what I suspect is the situation for these loans.)

The fact remains that the lenders are not broker dealers. Which is why they are not registered as broker dealers on FINRA and why they are not being targeted like the companies the press release discussed.

But it is fine by me if you want to think this is the reason that no toxic dumping has occurred. The fact remains that no toxic dumping has taken place in the last two weeks. Personally, I don't anticipate any toxic dumping next week either.