Mexus Gold US (MXSG)

[Thess]

Over 1 Billion shares seems excessive. IMO the R/S would happen at .05 or above. No one knows the future PPS action. The letter to shareholders stated legally deadline would be in 2023 for the R/S. All that being said a 20:1 @ .05 would take the PPS to $1 per share. The CEO PT would have to realize that even with institutional investors $5 and above allows most to buy a stock. Even $3 and above. With the $1 value after the R/S Paul would understand that the PPS would drop back to .05
Moving forward the possibility that the current PPS would hit .20 or .30 is a possibility with a gold producing company. The history of this stock chart wise has taken the PPS even higher and that is without gold production. So likely with the many years available for a decision to be made a .20 with a 10:1 split making the PPS $2 per share or a 20:1 per share split making this a $4 per share stock would definitely be more in the interest of the company. After all most CEO’s don’t care about the shareholder and care for their own pocket. And following the R/S the dilution.
Simply put raise cash by issuing more shares 90% of the time dropping the PPS. Over the next month or two we will really get a better idea how this will pan out with the price action. With this PPS so far, not exactly going as I expected. But then again predicting the future PPS is like being a weather forecaster on any stock. Like the chart Pedro17! Those who have the millions of shares below .01 may be set for life if the live within their means. Best regards!