Nextsource Materials Inc (NSRCF)

[Luke_McCain]

Possible Reverse Split within the next six months

http://www.marketwired.com/press-release/energizer-resources-announces-results-2016-annual-special-meeting-stockholders-appointment-tsx-egz-2184431.htm

authorized the board, in its sole discretion, to effect a share consolidation of our common stock at an exchange ratio of not less than 1-for-5 and not greater than 1-for-10, by filing an amendment to our articles of incorporation at any time through December 19, 2017.

http://getfilings.com/sec-filings/160928/Energizer-Resources-Inc_10-K/

http://ih.advfn.com/p.php?pid=nmona&article=73868461

By looking at several filings, management has very little to no skin in this game (which I personally view as a red flag, when researching companies), specifically in common shares owned, so their overall net worth is not impacted by a RS.

Their warrant and option packages can be granted with new exercise prices very easily. There is already a history of that.

Institutional shareholders have the option to directly, or through a third-party, to short this stock from $ 0.### to 0.0##, depending on the exchange ratio.

Retail shareholders could eventually see the value of their holdings evaporate, even on a 1:5.

As of December 31, 2016, the Company had accumulated losses of $95,436,697

The Company has yet to generate revenue from mining operations

Major red flag. Caveat emptor.