three thoughts on Mexus reports Either they need to sell more gold to pay the auditors to release them. Or they are ready to release and are paid for but contain no good news so no need to hurry them out. Finally they are ready to release, contain great news, and PT just wants us to sweat it out.
This was like 2 weeks ago.... so i wonder what is going on
Occam's Razor - the most simple and obvious answer is almost always the correct one.
Either MXSG is STILL broke and can't pay the audit fees to receive the required sign-off by the auditors, and/or the 10-K is so bad that PT is delaying its release as long as possible to keep the stock price up. Since PT has done both of those in the past, it stands to reason one or both of them is again the reason for the late issuance of the 10-K.
Anyone expecting the 10-K to contain good news is going to be disappointed. If it really contained good news, PT would have hustled it out ASAP. Penny stocks never hide or delay good news.