Replies to post #45410 on Mexus Gold US (MXSG)

[gitreal]

Dekte any factiual,

Who would be dumb enough to donate $70k to Mexus? Except maybe another toxic note with horrendous terms?

[1manband]

The SEC doesn't "accept" filings. Instead, the EDGAR system merely acknowledges the receipt of whatever is uploaded to them as "accepted".

I could convert the phone book (for anyone that remembers what those are) to .HTML and upload it to EDGAR as a 10-K. As long as there were no technical formatting or iXBRL errors, EDGAR would "accept" it. But clearly, it would not be an "acceptable" 10-K, as the phone book does not contain the disclosure or financial statements as required by law, regardless of what EDGAR calls it.

That 10-K was UGLY. It also is missing required disclosure, but PT likes to hide things, doesn't he?

[F4Uvet]

Making up words in foreign languages now ? One would hope that the aphasia would only apply to the native language but when it comes to the Mexus apologist, enabler, co conspirator all is apparently fair. We went through the Piney Woods phase, now a new foreign language non word phase? Os tuum falsum loquitur !

[T-Hawk]

Let's be crystal clear about this....

The 10-k was NOT filed on time. Technically it was due by June 30th. However, with the filing extension the 10-k due date was extended to 7/15. The company did not file it until 7/25. 10 days delinquent from the filing extension deadline. It was not filed when Deb claimed it was, it was filed at least one week after Deb claimed it had been submitted.

To infer or claim otherwise is provably false.

SO........WHO PAID THE $72 K so SEC accepted the 10K on 25th? HUH?

*Disclaimer - No straw men were created, injured or set ablaze in the creation and dissemination of this statement of fact.

[T-Hawk]

SO........WHO PAID THE $72 K

It was paid via a toxic note with dilution of stock terms. The note was probably sold to some nugget-finding insider who could convert the note to shares at 50% market price, then sell the shares before the dismal 10-k was filed.


From the delinquent 10-k...

On May 11, 2022, the Company issued a promissory note (“Note”) with a principal of amount of $70,300 bearing interest of 12% per annum to settle $70,300 in accounts payable due for accounting fees. The Note is due on May 31, 2023. The Note holder, in its sole discretion, may convert any part or all of the principal, interest or other charges due and payable under this Note to restricted common stock of the Company at a variable conversion price calculated at 50% of the market price defined as the average of the five closing trading prices during the previous five trading days.