Mexus Gold US (MXSG)

[1manband]

The Reverse Split would not be necessary if Mexus ended the dilution.

It is very clear that Mexus decided to do the reverse split now because they are quickly running out of authorized shares, as their toxic death spiral note issuances require them to reserve a massive amount of authorized but initially unissued shares for future issuance under the terms of the toxic notes.

Therefore, we can certainly deduce from the reverse that not only is PT entering into more toxic death spiral note agreements, it will continue for the foreseeable future which is why the 1-20 reverse split was necessary.

In other words, this reverse split is VERY BAD for shareholders. The stock price will continue to slide.

Lather, rinse, repeat. The mantra of all toxic death spiral issuers.