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That's a consideration I guess, but who wants an oversized company in a now crowded space of payment processing services?
No matter what, tomorrow may be the day they finally vote.
Once XELA announces a 1 for 200 reverse split my hunch .02 or lower will be in the works. We will find out tomorrow at 10:00 am
Yeah but I’m waiting for 0256
Maybe there is a white Knight to save the day.
What is perplexing is, if they don't have the votes for the RS how the hell did they have to votes for adjournment.
BS liar - Par is both stupid and an imbecile eventually even a idiot will get the theft carried out against shareholders. The only positive seems to be even with his "up to" 75 Billion votes the RS is having trouble being approved by Pinky POS Par CEO.
The SEC needs to go visit this dirtbag and attend the meeting to see what a shitshow Par is running as a public company.
How long you thing Pinky Piggie Par waits to tell everyone they were Fd?
Pucker up beaches, Par's ready to give it to you in 30 minutes
Ik heb al de mijne TEGEN gestemd
Als ik kon stemmen zou ik tegen stemmen.
De manier waarop we verplicht worden om voor te stemmen is niet normaal.
Delaying the vote til tomorrow - HTF can Par not have the votes to push thru this theft when he bought 75 BILLION VOTES for $100 anddddddddddd he gets the $100 back after the theft
These dirtbags pretend that common votes matter on Par's rigged vote.
They are exactly what Nasdaq should eliminate from the exchange.
GlobeNewswireMay 03, 2023
The Exela Special Meeting of Stockholders is scheduled for Thursday, May 4, 2023 and voting is open.
Proposal 1 will facilitate continued listing on The Nasdaq Capital Market.
IRVING, Texas, May 03, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. ("Exela" or "the Company") (NASDAQ: XELA, XELAP), a leader in business processing automation, is reminding our shareholders to vote TODAY FOR Proposal 1, an amendment to effect a reverse stock split.
Why? Exela is better served by all of our constituents to remain on Nasdaq for continuity. Due to our broad and global investor global base, it is critical that stockholders vote, no matter how many shares they own.
Can I change my vote? Yes, investors who may have voted Against or Abstain the proposal can change their vote to FOR.
RS has to be around the corner. This stock RS ever year.
No Christmas for XELA bagholders with 3 days to rigged RS vote - No fish to catch here, they are toxic
.0001 is too much to pay for this POS
More pre RS fluff from this POS pinky stock. I doubt they will be around in 5 years
From The Street on April 23rd:
RECOMMENDATION
We rate EXELA TECHNOLOGIES INC (XELA) a SELL. This is driven by some concerns, which we believe should
have a greater impact than any strengths, and could make it more difficult for investors to achieve positive
results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas,
such as its deteriorating net income, poor profit margins and generally disappointing historical performance
in the stock itself.
HIGHLIGHTS
The company, on the basis of change in net income from the same quarter one year ago, has significantly
underperformed when compared to that of the S&P 500 and the Comp Infrastructure, Data, Web Hosting,
Related Se subsector. The net income has significantly decreased by 174.9% when compared to the same
quarter one year ago, falling from -$70.61 million to -$194.14 million.
The gross profit margin for EXELA TECHNOLOGIES INC is rather low; currently it is at 18.02%. It has decreased
from the same quarter the previous year. Along with this, the net profit margin of -72.72% is significantly
below that of the subsector average.
XELA's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the
net result is that it is down by 99.46%, which is also worse that the performance of the S&P 500 Index.
Investors have so far failed to pay much attention to the earnings improvements the company has managed
to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor.
However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper
(in proportion to its earnings over the past year) than most other stocks in its subsector. But due to other
concerns, we feel the stock is still not a good buy right now.
XELA, with its decline in revenue, slightly underperformed the subsector average of 3.2%. Since the same
quarter one year prior, revenues slightly dropped by 9.3%. The declining revenue has not hurt the company's
bottom line, with increasing earnings per share.
EXELA TECHNOLOGIES INC reported significant earnings per share improvement in the most recent quarter
compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per
share growth over the past two years. During the past fiscal year, EXELA TECHNOLOGIES INC continued to
lose money by earning -$9.39 versus -$30.40 in the prior year.
Ernie's note: Keep in mind that the loss per shares is compromised since they did that 20 to 1 RS in July so a sane person would take that -$9.39 and multiply by 20 to get a more realistic idea of how poorly this stock has performed.
Looks like Par is trying to get shareholders to vote for his guaranteed theft of shares thru the rigged RS.
All that pinky CEO cares about is calling this trash a "Nasdaq listed company"
All that means is that Nasdaq allows crap on its exchange as long as the pinky CEO can continue to RS existing shareholder into oblivion.
Nasdaq needs to clean itself up or it will be the new OTC since OTC is purging all tickers that make money and just leaving the junk.
Par and his gang of dipshits are asking shareholder to fuck themselves so these crooks can continue to pretend to be a viable company worthy of a Nasdaq listing - IT IS NOT AND PAR AND HIS GANG SHOULD BE REMOVED AS PART OF NASDAQ ALLOWING THIS RAPE OF SHAREHOLDERS FOR THE BENEFIT OF INSIDERS.
If Gary Genslar wasn't busy trying to count every special interest group of LGBTQIA the SEC could look into Par selling guaranteed approval with his purchase of 75 BILLION VOTES for $100 and the scumbag wants his $100 back once he makes shareholders squirm.
What a true piece of shit this man has to be levels lower than the worst pinky ceos
I can't figure out why it is above a penny with a week til Par screws shareholders to the wall with his rigged RS BS
The lower it goes Merry Christmas $$$$$$$$
The fireside chat(BS chat) with a CEO who must take questions that have been screened
Harpoon Ernie $$$$$ flying fish $$$$$$$$
Don’t stop till 1.85 $$$$$$$$$$$
I took page 73 and subtracted total assets from total liabilities.
This 10K? : https://www.otcmarkets.com/filing/conv_pdf?id=16536972&guid=HZm-k6OMvwGUdth#page44
Not sure what line I am looking for.
They lost close to $800 MILLION last year alone according to their 10K
Honestly, There is no bottom as Par and his gang desperately try to max out the shares before the Reverse Split THAT HAS TO HAPPEN 1st week of May or they are pinksheets bound. I'm guessing it will be closer to the 200 to 1 than the 100 to 1.
Nasdaq is the one demanding the RS so they can continue to pretend to be a real viable company - IT'S ALL ABOUT FEES FOR NASDAQ NOT WHETHER A COMPANY BELONGS ON THE EXCHANGE, Nasdaq is the new OTC since that market has been destroyed by absurd rules and regulations, even more than Nasdaq.
I think I've answered all your questions with no BS just my honest opinion - with each day that passed the pump and dump will get weaker and weaker as May 3rd arrives.
Where does this bottom out?
Now tell me why?
There seems to be no end.
Why would Nasdaq grant them exception?
What do they see in them?
Not voted yet but the CEO bought 75 BILLION votes for $100 to guarantee passage.
Looking at May 3rd for the vote - 100 to 200 to 1 is the range for the split. Keep in mind they just did a 20 to back in July last year and this is where it sits now, overpriced with the screwing the CEO is about to give to shareholders while holding up both his middle fingers.
Always gonna have dreamers and pumpers stop by but this POS should be on the pinksheets not Nasdaq (Nasdaq has demanded the RS to stay listed).
1000 to one is just pure BS
Did they say when or where does it say it was approve. Please share the filing or Vote.
Yeah the damn POS can't even break a dime - only a total idiot would call $2.00
Everything you ever touch turns to clown sht
Better jump in before it's to late. See you at .10 come Monday ??
It's been about 6 months since Par and his tribe have fluffed any new business, are they losing business to capable competitors while this pig just sinks into pinkyland?
Exela services more than 4000 companies throughout 50 countries. Exela has approximately 16000 employees in 21 countries and the stock price is struggling to stay above .04 cents what's wrong with this picture, something is upside down and right side up and all twisted in today's markets, the people that's running our systems got something going on we all no nothing of.
Another "Fireside chat" with Par???? The last one was a disaster but I guess a tone deaf pinky CEO couldn't figure that out.
Does anyone believe he will answer why he bought 75 BILLION votes for a $100 - and the cheap bastard gets his money back after the RS vote?
How about the declining revenues and increasing losses?
I doubt it, it will be smoke blowin up anyone's azz that believes this titanic can be turned around.
What happens when the reddit clowns stop their pump?
Heavy lift $$$$$) let’s go $$$$$
RS is guaranteed at this point only possible question is 100 or 200 to 1 and at 4 cents it will be 200 to 1 and they can still get tossed to pinks if the impotent CEO can't keep it up long enough to count.
Never see 1 again unless RS or Delist
Call all your whales $$$$$ tic tock to dollar land $$$$$))$
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