Mexus Gold US (MXSG)

[1manband]

Mexus may be near the end of the line.

With the current low volume, the next set of toxic notes to convert may have a difficult time converting without absolutely driving the stock price down towards zero. That may cause the toxic lenders to be less willing to take out new toxic notes in the same amounts. From this point forward, the amounts available to Mexus may begin to decline, putting them in a cash squeeze.

Mexus will follow the exact same path as every other toxic death spiral issue. This is the beginning of the end, with the end being no-bid for the stock.