Mexus Gold US (MXSG)

[T-Hawk]

SEC regulations do provide for a “finder exemption” from broker-dealer registration requirements, but it is very narrowly circumscribed: Securities Exchange Act Rule 3a4-1 provides a safe harbor from the broker-dealer registration requirements for an agent of the issuer in certain limited circumstances: The finder must be a natural person who is a director, officer or employee of the issuer, with substantial duties other than capital-raising; and the finder must not be compensated by an arrangement that depends on the success of the finder’s securities sales efforts.

So is Berk now a director or officer of Mexus? According to the PR he was brought on as a consultant.


By the way, why is a consultant doing interviews on behalf of the company?