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1manband

12/17/21 2:37 PM

#43432 RE: rich2 #43431

Mexus has turned nothing. The "mining" is uneconomic, and that will not change, no matter how much gold they extract.

The more they mine, the more they lose because they lose money on each ounce of gold extracted.

That is the exact opposite of the definition of "success".

And now with the Toxic Death Spirals beginning to take a greater bite out of the company with each conversion, the stock price will continue to tank.

And today's "rally" is because the toxic lender is allowing it to happen in order to maximize their profits. They already set a new benchmark for the conversions of the current note at $0.0025, so if they can fool people into thinking the selling is over, they can dump their stock at a higher price and maximize their profits.

This happens EVERY SINGLE TIME for each note that converts. They hammer the stock down to a new low to set a conversion price, then allow the stock price to float back up before dropping the hammer.
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gitreal

12/17/21 2:55 PM

#43435 RE: rich2 #43431

The market agrees with you? A few hundred bucks worth of trades at the ask, and I suppose you see that as a rally!?