Mexus Gold US (MXSG)

[T-Hawk]

It is becoming more apparent that the reverse split was done to keep up the ability to borrow more toxic notes.

It likely wasn't needed to cover the number of shares needed for loan collateral, but more to keep the price from going no bid. My theory is PT knew production wasn't as immenent as they had been portraying and that more funds were going to be needed to keep things going through at least January 1, 2021 or longer.

At the .002 -.003 range the share price wasn't going to hold very long once the new loans started to convert. Additionally lenders would be reluctant to extend more loans with the increased risk of the stock going no bid.