Mexus Gold US (MXSG)

[T-Hawk]

A way to clean up the share structure for uplisting or JV/buyout makes more sense.

How does that make more sense? A company buying out Mexus wouldn't care about number of shares. 2.5 billion at .0025 or 125 million shares at .05 is still the same amount of money. Additionally, PT still has control of the majority shares so a vote for approval to sell isn't an obstacle either. The company purchasing Mexus would close out Mexus shares and issue shares of it's own stock based on a calculation of it's own share value vs Mexus.

Doing a reverse split for reasons of uplisting is also a fantasy. No reason to consider uplisting until production and positive cash flow can be established. Besides share value would need to get to at least $2.00/hr before any request to uplist into a major board (like Nasdaq) would be considered.

This was done to be able to absorb more debt.... I mean dilution.