Replies to post #46548 on Mexus Gold US (MXSG)

[Captain Black Bob Blanco]

Hahaha, you say “they” are posting BS yet you agree that there will be a reverse split?
.0083-012 this week? Hahahaha
If, and I mean if , there is any interested party , because we have all heard this song and dance many times before, the reason that makes the most sense to me, for wanting all debt converted to shares is to do a reverse split afterwards and start fresh with a small outstanding share count.
If this all goes through, according to Wxdog there would be roughly 4 billion shares outstanding, so my prediction is a 1 for 200 reverse split within a couple of months after any deal closes, leaving the new outfit starting out with 20 million outstanding, and shareholders with 5000 shares for every 1 million they have now.

[T-Hawk]

Why in the world would anyone buy if they thought an RS was coming? Especially becasue it is clear the R/S isn't for some kind of uplisting purpose, but as an avenue to allow for more dilution.

my guess is no reverse until it runs into the .10 - .15 range

[rich2]

I believe PT is an honest individual
He stated that he wanted to bless the long term shareholders
If a reverse split is required(we all just guessing) Then I believe he will wait until those that need to will be able to sell a few and get help

MXSG is going from survive to thrive( where PT bows out
gracefully)
How soon ?

Real soon