Replies to post #46503 on Mexus Gold US (MXSG)

[mahatmapaul]

Following is the actual e-mail from Deb (the previous post was the "agreement" she asked to return)

-------------------

Paul, there should be a press release out this next week. Things are looking good these new people are going to jump right in. There going to do drilling. Please email this back to me at this email
Thank you
Debbie

[A Dinosaur]

So, are you going to accept the offer and sign?

Dino

[Ronin]

Someone has been accumulating for months. Look at this chart...

Lots of green buys over last five months... Paul said in his last PR that they were close to having a deal

https://www.barchart.com/stocks/quotes/MXSG

[T-Hawk]

Does the long play not seem obvious to anybody else?

Get everyone to convert their debt to shares. This will increase the outstanding number of shares closer to the 5 billion max. Then once everyone has converted, initiate a reverse split. Now you've cancelled out any debt (except probably what Paul and his family is owed as I doubt he'll convert his debt into shares) and outstanding shares are back to below 250 million or less (assuming a 1:20 R/S).

Next, start publicly pumping a new JV in your PRs and repeat the toxic note cycle and dilute the heck out of the number of shares again.

If I held a loan note, I would not convert to shares. As shown above, shares can be devalued via a R/S and additional dilution. It's unlikely you'd see that cash either way, but at least you'd have a claim of something if you keep the note. Once you convert it to shares, you've moved to last in line during collections.