There are definitely somethings can be done to stabilise the falling share price in my opinion
Firstly, reduce expense/cost esp. on director wages. More than 1 million of money are spent on directors per year which is ridiculous for a start-up company with zero net profit.
Secondly, need to disclose the independent valuation of Cannaglobal. It is absolutely ridiculous that we sell our whole Derma range for 10% of an unknown entity. Shareholders, who is the owner of the company, have the right to know this information for the disposal of any MXC's assets.
Thirdly, keep shareholders up-to-date on the legal proceeding of VC deal. It has already been nearly 6 months but no news, which I believe is unacceptable.
If MXC management can do all the above, I believe the share price will recover to around 5c range
