Mexus Gold US (MXSG)

[A Dinosaur]

What kind of tax does the United States Internal Revenue Service levy on $30 million of losses by a Mexican Corporation? Even if they consider it only to be a pass-through, it is not a profit. It is a capital investment and/or loss, neither of which is taxable under current code. The actual cashflow losses and depreciation can be carried forward. They are CREDITS which can be used to offset future earnings.

Dino