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Macod

10/06/21 8:03 AM

#29730 RE: shajandr #29728

LOl. That balance sheet was as of April 30. There is a Subsequent Events that shows how much money raised subsequent to April. As can be seen in the table below, he raised $478,000 since April. And not with convertible notes, this appears to be private investors. As I have stated in the past he has had NO issues raising money. I actually suspect he raised new money to payoff the note on October 2, but maybe he used some of the $478,000. It was only around $85,000 that needed to be paid!

The terms are typically restricted shares for 6 months.

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PennyStockTrader2

10/06/21 8:51 AM

#29731 RE: shajandr #29728

Trust us, there is nothing nefarious going on. All that matters now is a deal with Mexico. Forget about the share structure, notes and the like, we're moving past all of that, painful as it was this last couple months.

All that matters is a deal with Mexico, and as he just mentioned, that is what he is working on, fervently I may add. Nothing will get in his way except for Mexico, and if they do, it's not his fault. There is nobody that we would rather have than Michael Ward at the helm of making a deal happen. Everything else is noise, granted loud noise.
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JACKPOT

10/06/21 12:52 PM

#29748 RE: shajandr #29728

While the market lags, MRGE is doing................