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no i have no idea what you’re talking about. no appraisal would mention “goodwill.” they might value customer lists, proprietary information or intellectual property but not goodwill. goodwill only exists after an acquisition - it cannot be self-created. it is merely the amount paid above and beyond the value of underlying assets. if that is the case then how would goodwill be appraised? it’s merely an accounting plug to some extent but it means you bought a company with a value greater than its underlying pieces. that’s it. the appraiser might value a company by beginning at a valuation of underlying assets and look at the other things that make the company valuable but they won’t call it goodwill.
oh haha appraised goodwill!?! appraisal really? goodwill isn’t appraised. an annual analysis of goodwill can determine if goodwill should be impaired. goodwill is a good thing. it literally means the value beyond identifiable assets paid for a business. it means that the business was worth more than its assets. now why would somebody pay more for a business than the identifiable assets? because of value. value is what we’re after. impairment loss may be determined at year end - could happen. but then again that’s the risk. nobody is saying there is no risk here. the upside potential is greater than the risk. fo
god that’s obnoxious
oh my! the sky is falling! the sky is falling!
ends the day green :)
AXXA Strong
You’re selling yourself short. Look at the financials. If it’s a lie you’re screwed already. If it is the truth you’re holding a pot of gold.
You have the wrong idea about this stock, it is not going to make you rich overnight. It will grow in value over time. Hanging on every trade hoping to get rich today will disappoint you.
Not everyone!
Totally! That’s why I’m still here. Emotion is short term fundamentals are long term. A good business will eventually be valued properly.
Last tweets? He said that 13 months ago
Haha, except they usually spit it out by Monday. Momentum is always killed.
They always have! They usually release financials and PRs Friday after close.
Yes please! And thank you :)
You my friend have just given a first hand account of why everyone should buy. It is not being diluted hence the firm PPS, there is consistent news, and progress being made. If all the information was verifiable the PPS would be 0.50+
This is why we hold - we see undervalued stock = GREAT INVESTMENT. This is your value investing lesson of the day. The rest of the day is quiet time so you can reflect on what you’ve learned today. Shhh.. ??
Let’s see you’ve held an OTC pink sheet stock for over two years and it is still worth >0.01. I’d say you’ve already scored better than you would have in 99% of the rest of the OTC. Consider yourself a winner!
Nice video!
Am I lost? How the hell do you get an audit done by the end of March when the year doesn’t even end until March 31st?
We need more posts from people like you! Thanks!
Who’s speaking nonsense? “Cant even get to 0.012” it spent the better part of the last year at 0.012 and higher. GTFO
down now on low volume while we await 3q fins. Please know what your talking about before you post and read your post before you hit the post button.
If I were you I’d buy - this is a freakin’ bargain!
You can’t argue with them. They won’t respond and just repeat the nonsense tomorrow.
We all know there is a risk here. But given what we can see, given pps support levels, and all the communication (for better or worse) we know this has a better chance than all the other risky stocks out there. We should make money here.
Radio Silence??
Not audited because the end of the year isn’t until March 31st.
Why would they release audited financial statements before the end of the year?
Perhaps radio silence is better than the alternative...
The reason volume is lower than 1 million is because everyone is holding in anticipation and perhaps not sure of investing more?
Literally
Haha, who are you responding to? I didn’t accuse you of not being factual I accused you of sharing the same facts and sentiment over and over. Those facts and sentiments about not having anything to show for it are true however audits should be released in 4 months which should render that false. So there is no use for you to say what you said because we’ve heard it over and over and I’ve got the same response - the company plans to address it.
Both are facts! I state facts too. Where does this get us? Just around in circles so save your finger energy for other things and research another line of criticism.
This has been said over and over before and after a run. It’s all good, we hear your sentiment.
More informative posts would contribute more to value of this space. Cool thanks!
iPhone wallet dude - my iPhone wallet says, “I’m rich, bitch!” When I hold it up to my ear. It’s my ringtone!! Haha
I tell it like it is.
.012 is not dwindling just above a penny. It’s low is .011 there is too much support there to go lower. Haven’t been below a penny in quite some time.
If you reach too far you might strain your neck. Be careful.
This is short sighted, hang in there. The day is coming - audits coming. Small risk, huge reward. We already know that we’re undervalued.
Watch the Big Short if you don’t believe these things can happen.
A lot more board activity right now than of recent. That’s a good sign.
Curious why you say end of month? Because that’s a pretty good prediction for pps on any day for the past year but it hasn’t materialized. So why now?
Tough time staying copper? When was the last time it traded below 0.01? Or do I not understand what tough means?
Open Open Open...
There’s really nothing to argue anymore. We’ve heard all the negative arguments, heard all the positive arguments. Over and over. Anybody want to talk about something else? Something useful?
Oh and then there is Davied. Yes! This is what I’m talking about. Thank you Davied!
Some dreams become reality.
Hoping so! Would be thrilling!
I hold 804,000 shares here, mostly long-term. Been building this for over two years now with strategic buys. No sales!
Boris has bothered the crap out of me but in the end I believe in what the company has. To me his words matter less than actual company performance. He blocked me on twitter so his words bother me much less now :)
I see, I forgot about that little run.
Unless you’ve bought in in the last two weeks, nobody has any business claiming they have lost money here. The price fell so low that averaging down became a no brainer. Since then the price is up 300%. No one should be holding a loser in AXXA. That would just be pathetic. Sorry but that’s the truth.
I think that is the lesson learned.
12 million is hard to believe - that’s $160k in value. I just wonder what percentage of the portfolio is AXXA. Maybe it’s Boris. That is more believable.
Anybody else notice a new tone in the AXXA twitter? I’m much happier with these tweets.