Matrixx Resource Holdings, Inc.(fka MXXH)

[techno53]

I think you did not thoroughly read my post. If MXXH had the drilling operation completed by now per the last PR, there would be no requirement for a RS as the pps would be well beyond .10!!!

Having 50% interest in Sangers Heirs Site #1 would have accelerated the process. The pps would meet the .10 criteria after the drilling operation was completed. Some CEO's today do not think before they act!!!!

I have not seen a public document that mandates the penson rule go into effective immediately. Everyone is jumping to conclusions!!!

Yes, investors should send emails to MXXH stating how the RS is not in the best interests of stock holders. There are alternatives. Jumping into the frying pan and crying wolf is not the answer. The answer is to execute a well thought out plan that best suits all the investors. The RS will cause more problems for the stock pps.

Most of us are not cheering on the RS!!! We have witnessed large blocks (millions) traded for MXXH. Again, there are alternatives to compliance of the rule besides a RS.
Please post the specific mandate and time limit for the effectivity date of the rule.
Did your friend Alex ever give you a definitive date for the commencement of the drilling operation at Sanger Heirs Site #1?