Monday, June 11, 2018 9:54:24 AM
I should probably cool down before posting, but this move has me beyond upset. With the stroke of a pen Paul and Don have effectively taken half of investor's money in Mexus.
Anyone who bought into this hoping for a dividend check someday, just had their potential dividends cut in half. Anybody who bought in at .05 - .10 (or higher) will now likely watch a majority owner buy up another large chunk of share for less than 1/100th of what you paid for your share.
There are no checks an balances in this company for the common shareholders. There is no board of directors, only Paul. There is no voting power for shareholders, except Don.
At the end of the day, its on me. I was aware of the company set-up and still invested. It was a bad decision and a lesson learned. Anyone looking to get into this stock should reconsider.
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