Mexus Gold US (MXSG)

[F4Uvet]

It's not bad enough that "management" has run MXSG into the ground, the new plan is to make "acquisitions", expand a failing business, obtain more toxic financing and recruit more hustlers. Wow, it's all falling into place.

The Company was notified by OTCMarkets that the Company’s bid price had closed below $0.01 for more than 30 consecutive calendar days and therefor the Company no longer meets the Standards for Continued Eligibility for OTCQB Marketplace and that the Company’s securities will be removed from the OTCQB Marketplace if not corrected.

Moreover, the Reverse Split will have the effect of creating newly available authorized shares of common stock which the Board intends to use for various purposes, such as effecting acquisitions, business expansion, obtaining finance and recruiting management personnel, all of which will be necessary if the Company is to undertake new business operations.