Well once again , the recent flurry of trading activity turned out to be a nothing burger. Twice now over the past couple of months a few Mexus Longs have shown up on boards touting a possible JV and vague referrals of communications with the CEO, causing a pps spike and volume in the hundreds of millions over a couple of days, and then those posters faded away again, with no JV or any other deal happening.
Makes me wonder if they were part of a private pump or promo group posting innuendo looking for a quick flip, or if they were helping an insider sell some shares.
I see there was an interesting post on the Ihub board over the weekend something to the effect of asking for info from posters who have had communications with the CEO, and getting info that was not available to all. Can’t see anyone responding, unless they feel they were duped.
Would be great if Mexus would update their OTC page. It’s been over 2 months since the security details were updated, while other companies do it sometimes daily. Would be interesting to see if the share count has increased or the restricted shares have decreased, which might help explain why over a quarter billion shares have exchanged hands recently, with not a peep out of the company, and some odd looking trades that kicked off those high volume days.