Unfortunately I agree with the MXC prediction, pretty much the definition of lifestyle company. Its unfortunate how often this occurs all over the ASX. Same old story, raise money with big promises, achieve sweet F all, whilst paying themselves millions that they raised off the Australian public, use finances like these convertible notes that send the company into a death debt spiral, diluted holders to nothing, then they will do a consolidation, name change, and do the whole story again. Disgusting.
MXC Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
