Replies to post #266 on Mirage Energy Corp (MRGE)

[Macod]

I know one of the notes can convert on August 25th, I'm not really sure on the older notes. But IF they land a significant deal I don't think the notes should be a major issue since overall they don't add up to too much. The balance sheet looks fairly clean given the stage the company is currently in. One large deal would clean everything up in a flash.

[PennyStockTrader2]

The OS count has remained the same since the last report (OTC markets has not updated the date but the transfer agent has verified that they did update and it remains unchanged).

That is interesting because we are clearly short on shares that should have been issued, we know that Mirage is up to date with filings so that shouldnt stop them. Could they have paid them off, I doubt it, they have no money, unless they took out another note or got a loan as a stopgap, or maybe the lender isnt exercising for some reason, but they would have had the chance to do so at lower prices, so this is a mystery. May need to wait for next filing or an 8-K for explanation.

Meanwhile the share price languishes at 2 cents on low volume, so even if the lender has converted, he is in now rush to sell if at all.