Tuesday, October 24, 2023 11:20:32 AM
The Mexican mines existed long before Halpern started marketing the relationship with MAXD. However, the contract between MAXD and Nacho Natera was never completed because the money promised by Halpern was never raised and the stock promised by Halpern never changed hands as it was already pledged to Harvey Vechery on notes. The stock was locked down by the transfer agent. Greg did not convince anyone to invest in the mining operation, so the deal was dead. The mines needed that money to operate. You can’t have a deal when something of value doesn’t change hands. Therefore, there was never any deal with Nacho Natera. In other words. It wouldn’t matter if the mines were profitable right now as MAXD has nothing to do with them because they didn’t fulfill the contract.
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