Mexus Gold US (MXSG)

[T-Hawk]

No. You said, the SEC does not allow gold sales to be shown as revenue. Period. Not that Mexus was choosing one method over another. You have repeatedly, and falsely, stated that showing gold sales as revenue was forbidden by the SEC.

The whole reason this issue came up was because in 2018 & 2019 Mexus was claiming gold sales, while no sales were being shown in the 10Q or 10K. When it was being pointed out Mexus was making false claims about gold sales, this absurd claim that the SEC doesn't allow gold sales to be shown as revenue was concocted. The defense was the gold sales were being reported in the financials, it was being deducted from exploration costs, because that was the only way a miner with unproven reserves can report sales from gold.

That claim has now been thoroughly proven to be false. Mexus could have demonstrated any of these 2018 -2019 gold sales as revenue or reduction in exploration costs.

None of the 2018 -2019 10Qs or 10Ks reported either revenue or offset exploration costs. Therefore Mexus did not sell any gold in those 2018 -2019 reporting periods despite claims to have done so.