Friday, April 17, 2020 9:40:05 AM
So it was just coincidence that the lender held of exactly 1 month before converting? Or do you have a different theory?
The original terms of the note were spelled out quite clear in the 10-Q. It could start converting March 16th. At first about 8 folks tried claim the note wasn't due then. After that argument was disproven, they tried to pass off the notion that the note(s) were already paid off with the gold produced.
If I had to make a wager at this point, I would put my money on the theory that PT did structure an agreement to hold off conversion for 1 month. The upcoming 10-K will hopefully shed some light on what really happened.
...and no I don't have any links as I'm not claiming facts. Only my theory of what's happened using deductive reasoning based on what limited facts we know.
I do know of a couple of ways these guessing games could be put to an end. That is, if they CEO were truly interested in informing investors of the actual status of the company. Whatever happened to that call PT was supposed to host?
Recent MXSG News
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 08/02/2024 08:59:36 PM
Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM
Reliant Coffee Debuts at #271 on the Inc. 5000 List of Fastest Growing Companies - Coffee Service Industry Disruptor Brews Up Exponential Growth Sep 5, 2024 11:51 AM
VAYK Confirms Receiving Revenue from First Airbnb Property with 1.4 Million Annual Revenue Goal • VAYK • Sep 4, 2024 9:34 AM
Mawson Finland Limited Expands Known Mineralized Zones at Rajapalot: New Lens Intercepts 21.75 m at 5.25 g/t Gold & 515 ppm Cobalt • MFL • Sep 4, 2024 9:02 AM
Integrated Ventures Acquires 51% Stake In GetTrim.Com (TM), Telemedicine Platform With Focus On Expansion Into Booming GLP-1 Powered Weight Loss Market • INTV • Sep 4, 2024 8:45 AM
Avant Technologies Announces Strategic Review Process Intended to Maximize Shareholder Value • AVAI • Sep 4, 2024 8:00 AM