So this note they paid off must be a different one
Post# of 2057
(Total Views: 265)
Posted On: 07/13/2020 11:08:57 AM
Re: Alascantrade #1193
So this note they paid off must be a different one than the note they recently signed to pay of the large balance they referred to in the last PR.
It’s hard to keep track, because so many of the PR’s are somewhat vague and often create more questions than they answer.
if they are still taking out new notes to pay off old notes, it stands to reason that recovery numbers are lower than they expected.
June 15, 2020 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it has satisfied an outstanding debt obligation. The $178,855.49 loan, which was due June 16th, was paid off on June 13th. The company was able to satisfy this loan using a new debt obligation . Mexus plans to use revenues from operations to pay the new loan within 6 months.
Read More: https://investorshangout.com/recentnews/MXSG#ixzz6S5UABZEy
It’s hard to keep track, because so many of the PR’s are somewhat vague and often create more questions than they answer.
if they are still taking out new notes to pay off old notes, it stands to reason that recovery numbers are lower than they expected.
June 15, 2020 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that it has satisfied an outstanding debt obligation. The $178,855.49 loan, which was due June 16th, was paid off on June 13th. The company was able to satisfy this loan using a new debt obligation . Mexus plans to use revenues from operations to pay the new loan within 6 months.
Read More: https://investorshangout.com/recentnews/MXSG#ixzz6S5UABZEy
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