Hi raider & welcome. MEXP stopped talking about diving when it was evident they couldn't get anyone to bite on their diving PRs anymore. Also with the RV Hispaniola entangled in a lawsuit the divers have filed against MEXP for non- payment, it's been said the boat is sitting rotting in dock. So next we know, they PR'd that they acquired AWS and those numbers would be forthcoming. Unfortunately they were not forthcoming; 4 months later we still haven't seen them.
There has been one pr after another, none with any followup; Usually accompanied by a promoter who echoes Goldberg's words.
The largest concerns are the never ending dilution, over 220 million dumped at .0001 just this week. Also of major concern is the $1.2 million+ of convertible debt, and MEXP has not shared the conversion rate. We could be looking at over 7 billion shares hitting the market if the current rate of bid whacking continues. Note that's just ONE convertible debt holder.
Obviously we need to be diligent in checking the SOS for yet another AS increase, and/or another 1:500 reverse split, name changes, delinquencies, etc.
GLTY and TGIF!
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