Mexus Gold US (fka MXSG)

[mahatmapaul]

rich

sorry, but that's a very foolish post on your part.

"Cash" as it is used in these reports is merely a tracking term to be able to reconcile debits and credit figures.

MXSG is like a person with several hundred thousand in mortage debt, with big defaults on others, but with 2k in the bank. PT has $10 in his pocket. He takes out $500 in cash from the bank, he now has $510 in cash. "Cash" needs to be recorded so as to explain the drop in the bank account.

Pay attention especially to the $1.2 million dollar default. Mamma Mia! Dat's a Bigga Cash Hole