Can anyone think of a good reason that MXC should have been lending money to "third parties" at a time they were needing to raise funds from shareholders?
While also paying interest on money owed to the Maltese Government?
They had close to $4m debt as of Dec 31, and I suspect much of that remains and yet, they lend money to third parties without explanation?
There may be a good excuse but they shouldn't be lending money to third parties without explanation to shareholders.
Who's the "third party" and upon what terms is this "loan" agreed upon?
Can anyone think of a good reason that MXC should have been...
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