Replies to post #37358 on Mexus Gold US (MXSG)

[Thess]

I heard Barrick Gold and Timmons are looking to buy the company.

[A Dinosaur]

I don't understand your math, Gitreal. Here's what you put in the ibox:

On November 21, 2019, the Company issued a Convertible Promissory Note (“Note”) to Crown Bridge Partners, LLC (“Holder”) in the original principal amount of $27,500 less transaction costs of $3,250 bearing a 12% annual interest rate and maturing November 21, 2020 for $24,250 in cash. Convertible May 19, 2020.

At 12% interest per annum, the rate for 6 months - November to May - would be 6%.

$24250*1.06 = $25705

That doesn't look like 145% to me. Please explain.

Dino