Mexus Gold US (MXSG)

[F4Uvet]

Reverse stock splits always cast a negative image, at least to seasoned investors.. A company is more likely to undergo a reverse stock split because its share price has fallen so low that it is considered a garbage penny stock. Veteran investors will see that the company is struggling and that the reverse split is nothing more than an accounting gimmick.
What possible good could come if the Mexus PPS was artificially increased to .067 ? None whatsoever as far as I can see.
An RS would carry with it the GIGO effect... garbage into (the split) garbage out. But Thompson has tried every other trick and failed...maybe an RS will be the last hurrah.