Monday, April 12, 2021 2:36:03 PM
The death spiral prediction hasn't been 9 or 10 year ago. At the earliest that claim was made in January 2018 - A little more than three years ago. In that time, price has dropped from the .10 range to .0015 range (when factoring in the 20:1 reverse split needed in order to have enought shares on hand to cover the continued conversion of toxic notes). This has been the text book definition of death spiral.
Can a company still come out of that spiral? Sure, but it has to produce AND sell enough gold to cover expenses. So far Mexus has not been able to do that.
As for the JV offers.... well we've heard that one before. I'll wait until there is something officially reported to the SEC before I believe anything that comes from PR put out by this company.
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