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KansasCrude

03/23/15 2:37 PM

#1603 RE: KansasCrude #1602

From the 11/19/2013 and 2/19/2014 10Q's

I read we paid Ken Azuka $140,000 plus $10K in an advance

We paid suppliers and bad debts of $90,673, + $240,673 + $247,509

We committed to invest $1,500,000 in capital and issue $400,000 worth of stock.

Now I don't know how much was invested or how much stock was given away just what the COULD have been paid without any other expenses. Just these total $2.63 Million.

Since you are saying we could profit by $4 million then the debts forgiven when we sold our share of the JV could make that number close if we did not invest the $1.5 million and the $400K in stock and did not spend any other capital

8thaero

03/23/15 2:54 PM

#1604 RE: KansasCrude #1602

Full pay on sale of discontinued operation all liability released accepted by auditor and so SEC as filed. Bit like filing income tax and auditor slips a bundle of 40K Franklin's you missed in small cash drawer.

"(iii)  Net loss from discontinued operations - $421,325 increase due to the Joint Venture Agreement entered into between Mexus Gold US, Mexus Gold Mining, Minerals La Negra S. de R.L. de C.V. and Trinidad Pacifica S. de R.L. de C.V. on November 1, 2012. The results of discontinued operations have been included in the consolidated financial statements of the Company up to March 24, 2014.

For the year ended March 31, 2014, we had revenues of $192,004 compared to $320,226 for the year ended March 31, 2013.  We recorded revenues of $773,141 for the cumulative period from September 18, 2009 (Exploration Stage Re-Entry) through March 31, 2014.

The revenues of $192,004 for the year ended March 31, 2014 are from our gold mining operations in Mexico. While the Company is in the exploration stage we are earning revenue from placer operations and experimental mineral processing to help fund our exploration activities."

Now toss in $4 million as revenue on sale Mar 24, 2014 before closing Mar 31 annual report. " Golly, where did that come from?" 8