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Monday, April 11, 2022 9:32:31 AM
Fiction or fact about the CEO of MXSG
Fact - The CEO lied about the amount of gold sold in the November 1st PR.
Fiction - Mexus will ship gold laden activated carbon to its Idaho refining partner by December 1st 2021.
Fact - The CEO has on mulitple occassions promised a 43-101 compliant report on mineral reserves. Such a report has yet to be created.
Fiction - From CEO's October 2020 PR - "This was the right time to do a reverse split. The company has had to use convertible loans and share offerings to keep the business moving forward. I believe that the need for future loans and the risk of additional dilution is now ended given our recent discoveries. I also believe that the combination of less shares in the market along with our recent findings will allow the stock to move to a much higher level which will be a true representation of the company’s value.
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