I don’t expect much more than what we see right now.
I don’t expect much more than what we see right now. .007-.015 range. Depending on the size of the pour, we might see a run to .03-.05
If it’s small or delayed, it’s probably back to sub penny. One would have to think that many of the shareholders who hold non-cert shares will be looking to dump some or all of those shares before a possible reverse split. After all this is the OTC.
There has to be buyers and in my opinion that R/S threat is like an anchor hanging around the necks of anyone who was hoping to make some profit on a run. Where will the buyers come from who are needed to produce volume to fuel a run? Many if not most stock buyers would not touch a stock in this situation. It’s safer to wait til after the split and wait for a drop which unfortunately usually happens.
The timing of the split filing was unbelievably bad for us. I’ve read some posts on the other Iboard about how a 10 for 1 or a 20 for 1 r/s would be good for the stock. If you had 1 million shares you bought , why would you suddenly be happy about only having 100,000 or 50,000 shares left? So many who bought into the last run to .23 are already upside down if they bought shares above .03 believing in the MarMar story, which turned out to be false.
The vast majority of reverse splits do not go on a run afterwards. The stock usually gets immediately diluted, and It’s pretty obvious that Mexus is broke and will need much more money than one good pour or even two, to get back on it’s feet, which means needing financing which means instant dilution. They have a note due at the end of August that will require over 100K just like the last one did.
I’m hoping to see a great pour, and if we can string together a few good pours, then .10 or higher is not out of the question, but people have to be realistic towards the situation we are in.
It’s not the first time we have been this close. Good luck to all.
1
Mexus Gold US (MXSG) Stock Research Links
Scroll down for more posts ▼
Top 10 Most Recent News Articles
Award for Exceptional Vision Care Leadership Ain't every day you see a politician scooping up awards for making a real difference in folks' lives. Yet here we are, tipping our hats to Ohio's Governor Mike DeWine, who's just been dubbed the honcho with the golden eye for children's vision care in the 12th annual Bonnie Strickland Champion for Children's Vision Award. Hats...
Continue Reading
Transforming Fields with a Bird's Eye View The old-school way of agricultural surveying is about as appealing as a broken plow in a rainstorm. Trudging across miles of farmland, hoping to spot issues before they turn into wallet-drainers—who's got time for that? Enter drones, the buzzing saviors of the modern farm. These high-tech marvels, loaded with multispectral and...
Continue Reading
A New Frontier in Banking Truist is out here flipping the script in digital banking, pushing a staggering 2 billion AI-driven insights since 2023. Imagine that—two billion insights 'till now, providing the kind of financial street smarts that help folks feel less like they're lost at sea and more like they're the captain of their own financial ship, all thanks to Truist...
Continue Reading
Unpacking a Monumental Gift to Long Island's Jewish Community Right out of the gate, this is a big one for the folks over at the Mid Island Y JCC in Plainview, Long Island. They've just hit the jackpot with a historic naming gift, transforming the place into the Manes JCC. Now, why does this matter to anyone keeping tabs on the nonprofit world? Because gifts like these...
Continue Reading
Investors Take Aim: A Legal Showdown on the Horizon There's a brewing storm over at PROCEPT BioRobotics—ticker NASDAQ:PRCT if you're tracking. These folks are knee-deep in a securities class action lawsuit from investors who’ve taken a financial wallop. The lawsuits are triggered by allegations of shady sales techniques that artificially bumped up their unit sales...
Continue Reading
Data Accuracy in Healthcare: A Persistent Problem Just when you think data's about numbers and cold, hard facts, healthcare jolts you awake. Perspecta's fresh insights onto provider data accuracy aren't just a snooze fest of statistics but a genuine wake-up call. This report peels open a can of worms some might prefer to ignore. With only half of provider data accurate,...
Continue Reading
Investors' Trust on Shaky Grounds There it is, staring right back at investors: a securities fraud class action lawsuit against Aardvark Therapeutics. Not exactly the news a shareholder wants to digest over breakfast. If you’ve got skin in the game with Aardvark Therapeutics (NASDAQ: AARD), you might wanna keep reading. Hagens Berman Sobol Shapiro LLP, a name that's no...
Continue Reading
The Persistent Battle of Cybersecurity Every month has its drama in the world of cybersecurity, but August was a real soap opera. ThreatLocker, a heavyweight in the cybersecurity ring, dished out its latest findings, and boy, these threats still pack a punch. Even with all the chatter about AI, it seems cyber attacks haven’t changed their ways much. CEO Danny Jenkins...
Continue Reading
Reimaging Choices for Specialty Physicians In the whirlwind of healthcare, specialty physicians often find themselves between a rock and a hard place. The traditional paths are either hug a major health system or auction off to private equity, each option chaining them to systems more interested in the balance sheet than in patient care. But now, a third door opens. One...
Continue Reading
A groundbreaking change is thrust upon the video streaming landscape, disrupting traditional workflows. Eluvio, with its Universal & Dynamic Video Intelligence Architecture, is not just tweaking the formula; it's setting a brand-new standard. Their innovations were on full display at the IBC Show 2026 in Amsterdam, and believe me, they're redefining how we think about...
Continue Reading
Top 5 Most Recently Viewed Articles
Gogo Business Aviation Teams Up with Airshare for Enhanced Connectivity In a promising turn for the aviation sector, Gogo Business Aviation (NASDAQ: GOGO) has partnered with Airshare, a rapidly expanding player in private aviation. This collaboration represents a major leap forward in improving inflight connectivity, allowing Airshare’s aircraft management clients to...
Continue Reading
Ingersoll Rand's Strategic Growth through Acquisitions Ingersoll Rand Inc. (NYSE: IR), a prominent player in the flow creation and industrial solutions sector, has made significant strides in its growth strategy through a series of carefully planned acquisitions. By securing Air Power Systems Co., LLC (APSCO), Blutek s.r.l., and UT Pumps & Systems Private Limited, the...
Continue Reading
Niall Prendiville Joins CSafe as Chief Product Officer CSafe, a recognized leader in active and passive temperature-controlled shipping solutions for the life sciences sector, has announced the appointment of Niall Prendiville as the Chief Product Officer. With over 25 years of extensive experience in engineering, product management, and supply chain operations,...
Continue Reading
Analyzing Short Interest Trends for Arista Networks Inc Arista Networks Inc (NYSE: ANET) has recently experienced a notable rise in short interest, which has increased by 9.73% since the last reporting period. As reported by exchanges, approximately 12.78 million shares are currently sold short. This accounts for about 1.24% of the total shares available for regular...
Continue Reading
United Microelectronics Corporation's Shift Towards Renewable Energy United Microelectronics Corporation (NYSE:UMC; TWSE:2303) has made headlines with a groundbreaking renewable energy agreement that underscores its commitment to sustainability. As a leading global semiconductor foundry, UMC's financial metrics are impressive, boasting a gross profit margin of 67%. The...
Continue Reading