MXES It can be read in either way,
you can get 501 to be on the safe side. but remember this is a pre-14c and it can change. It may be a while before this takes place.
1. A recapitalization pursuant to which the issued and outstanding
shares of the Company's common stock will be reverse split, or consolidated, on
a one thousand (1,000) to one (1) basis so that shareholders will receive one
(1) share of the Company's common stock for one thousand (1,000) shares now
held. Any fractional shares will be rounded up. No certificate greater than five
hundred shares will be reversed below five hundred shares.
The rights of existing shareholders will not be altered. Shareholders
owning less than 500 shares will be eliminated as a result of the reverse split.