COVID-19 Trial - Supplementary material/Thoughts, page-75

Most of the so-called negative posters here are in fact ex-holder of MXC. I myself bought in substantial shares years ago but lucky got out at 10c+ . We are here to warned about some dodgy practice of the company. The share price dropped from 10c+ to now 2.8c, a fall of 80% and most people are losing money. Just in case people are new to this company, the following are what this company did:

1. MXC claimed they have signed up a 40-million deal with a Korean company called VC. But it turned out the other party defaulted. When someone did a search on VC, there is only a website with not much details on it. MXC launched the legal proceeding in 2018, however no further updates was provided.
https://www.listcorp.com/asx/mxc/mgc-pharmaceuticals-ltd/news/legal-proceedings-commenced-against-varm-cosmo-2020770.html
https://varmcosmo.com/

2. MXC sold the whole Derma range to a company called Cannaglobal, in exchange for their shares. They originally claimed the shares will be listed in Canada, which didn't eventuate. Furthermore, they originally claimed such equity will worth 12.5 million, however in less than 12 months, the value dropped 10 folded to less than 2.6 millions.
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4wi8yxaZre96ke92GA%3D%3D

3. MXC claimed they will distribute their products to the massive China market through a giant ePlatform called YuShop. However, when one looked into this eGiant YuShop's fb page, it was found there were only 22 followers at that time (now I think have got 60 in total). Later this year, they claimed this project need to be on halt due to some "legal issues" in China. No further updates was provided thereafter.
https://thegreenfund.com/mgc-pharma-shares-jump-38-percent-thanks-to-china-export-agreement


4. MXC claimed the Authorized Prescribe Scheme will bring them 1 million for around 100 patients. Now they claimed 5,000 prescriptions have been given out, but revenue? Just have a look in the latest financial reports!
https://mgcpharma.com.au/wp-content/uploads/2018/10/dbf327f7-264.pdf

Anyone else can extend the list?