They haven't been adding to the OS but these Mexedia managers have added more than 3.6 billion shares to the float since the change of control October 8th 2024. Much of that had scheduled leak out conversions running for months and there is no way of knowing if that has concluded. Post# 45989 linked below shows the convertible situation which may or may not be complete. No change for the weekly OS update means that the reg A is fully intact, the other notes stripped out to convert without the reg A are intact, and the disparity between what is held at the DTC and the unrestricted which largely represents what has been added to the OS since the beginning of the year is intact. What is left of the restricted shares is also eligible now. It isn't easy moving 3.6 billion shares, especially when the story is being exposed by the filings. I see no reverse split until what has been issued is cleaned up or they risk screwing over those holders. The 375 million issued to IBH Capital in March would have had a price of $0.00068 according to the original agreement written November 2024. So expect continued promotion to support the price. Flip if you can. 😀
They need to clean up the remaining conversions before the split because once they announce the split the liquidity will dry up and the price will tank. So for the moment we will see the constant weekly promotion for support. These Mexedia managers have added more than 3.6 billion shares to the float since they took control last October. Nearly 2,3 billion shares were issued in October and November much of which had leak out conversions scheduled to run through the first of May....