DD Support Board and Research Team

[1manband]

This one is a doozy of a story!

Mexus Gold was revoked by the SEC on December 19th as they were at least 2 years delinquent in their filings.

https://www.sec.gov/Archives/edgar/data/1355677/999999999724004686/filename1.pdf

Today, the company is pretending like nothing happened and is claiming they will return to trading as a Pink company next month. They claim to be "voluntarily delisting" from the OTCQB (as if the OTCQB actually means something, and of course it is not a "listing" at all), as somehow that will allow them to trade as a pink without providing any public disclosure, or re-registering as they would be required to do to actually legally trade anywhere again.

It is as if Rule 15c2-11 doesn't actually exist!

I really, really, really want to know who their "legal counsel" is that gave them that "advice".

https://finance.yahoo.com/news/mexus-gold-us-signed-non-181500145.html

If an SEC revoked company could just continue to trade publicly post-revocation, then why would the SEC even bother?

No doubt in my mind this is a grift to get more money from his shareholders who are desperate, and stupid.