Ann: Proposed issue of Securities - MXC, page-2

Nobody needs a crystal ball with this mob....Retail holders quite simply don't, and will never win.

Raise capital to continue lining their pockets....Tick
Dangle carrot, cash flow positive at some future time, blah blah......Tick
Issue shares which can be dumped for profit by those other than retail holders.....Tick.

$$$$$$$$, as always mate, deep pockets will get a return on their capital but you won't be capable of getting back to where you came in....No retail holders will. They'll continue converting 8% below the VWAP, supporting it then dumping them. It may have moments below 1.8 cents but as they can't convert below that mark, you'd assume that once converted at that price, they'll hold it above 2 cents then offload.