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Mexus Gold US MXSG
(Total Views: 323)
Posted On: 11/22/2022 8:13:09 PM
Post# of 2070
Posted By: Badgerbob
Re: Megashear #1873
Your analysis is pretty accurate. That is one ugly balance sheet. Zero cash.
Current assets of $1,109,190 consisting of fixed assets of property and equipment $279,243 and property costs $829,947.

Current Liabilities $2,745,604 consisting of Notes Payable $1,322,225 and accounts payable and accrued liabilities $643,465, just to name a couple.

We have a note coming due before the end of the month that should be worth well over 80 million conversion shares at a discounted pps of .00039 or thereabouts.
If you just took the current liabilities and converted them at .0006, they would be worth over 4.5 billion shares.

I think Mexus is toast.













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