Replies to post #16496 on Mexus Gold US (MXSG)

[JTrox]

You are mistaken. MXSG and PT are acting 100% in accordance with the law. For two reasons...

1st, the SEC interprets their own laws and has declared MXSG in good standing. This is a FACT, not an opinion.

2nd, you are ignorant of SECs definition on "execution date" around form 4s as defined in title 17, chapter 2, part 240, section 16a-3. (Referenced in form 4 reporting). It notes that under certain circumstances (which apply here) execution date is the date the seller is "informed" of their transaction completion. Since PT is most likely selling through an agent this is the date he is informed of his desired sale. He is then required to report within the allotted days, which he has clearly been.

Here is a link for ref:
https://www.law.cornell.edu/cfr/text/17/240.16a-3