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Meaning of the designation:
“The Shell Risk designation indicates that a company displays characteristics common to Shell Companies. This designation is made at OTC Markets’ sole and absolute discretion based on an analysis of the company’s annual financial data and may differ from issuers’ self-reported shell classifications in their own public filings.”
This post is no longer relevant and should perhaps be unpinned
Do you have anything to support this claim?
Is there any chance your blame for the failure of BCAP is misguided since Matt wasn’t involved with the company when it failed? Can you explain why you hold the prior CEO responsible for the failure of this company? What is the evidence? Perhaps this guy is the one you should blame, CEO and CFO is/was Tim Howard, the sole director of the company at the time the company shuttered per the website and financial statements. See:
http://southerncontractinginc.com/about/team/
And,
https://backend.otcmarkets.com/otcapi/company/financial-report/180252/content
Curious how I could be wrong when I stated exactly what you did? I wrote “as of” to indicate that anything after 7/6 could not be commented on. I stated two facts and left a reference for one.
There doesn’t apppear to have been any dilution as of 7/6
https://www.otcmarkets.com/stock/AXXA/security
However it’s worth noting the share price is down 70% since then.
Why is that surprising to you? TGGI is invested. Does anyone get a share of the revenue from their investments? Probably not. What you are entitled to is a share of the dividends equal to your share of ownership. Dividends are paid from earnings and profits at the boards discretion. Profits are the share of revenues in excess of expenses. However, as the share value increases so too does your investment. That investment will increase the value of TGGI. FYI, that’s how accounting works.
Why would you want to sell those shares before November? I’m not selling mine by then. You don’t understand, we sit upon the precipice of an investment opportunity not ever seen. That being the slow legalization of cannabis around the world, and you have the opportunity to invest. Just wait until the banks are free to invest in these entities. What do you think will happen when regulated entities and individuals can invest in the industry!? If you guessed boom then maybe you have a clue.
For clarity, a company is considered a subsidiary when another company owns 50% or more hence the 50% ownership in BDCI was a subsidiary relationship. Now TGGI owns 30% hence it will still use the equity method of accounting and book 30% of its investment’s income on its income statement.
The longs and the shorts should chill and not hastily rush to judgement as huge returns on investment could very well be missed with hasty judgement. I wouldn’t recommend putting your life savings into this but a mere $1,000 investment will get you a million shares and that is enough for anyone to make big dollars here if the price should move favorably. I believe it will eventually.
As someone working in the industry I can attest to the fact that everything moves very slowly due to banking restrictions, regulations, and not to mention the known obstacles facing a startup. In the MJ sector revenues are 99% cash and the banks don’t want it and will shut your account down based upon those suspicions. That makes paying bills and payroll very difficult. This can consume your time and resources. Progress on any front is a big deal because of all the obstacles. So hang tight, from what I am hearing, seeing, and learning from investors the rewards will be beyond any ever seen. TGGI appears to me to be one investment with promise.
Nobody here knows what they are talking about. There is no we - you do what you need to do to sleep at night. There are people here talking like they knew this was going down all along when just three weeks ago they were talking about this going to "dollar land." They'll be the first ones to claim they knew it was going up when it bounces again. You know what they say about hindsight and there is plenty of advice out there about opinions as well. That's all anyone has here, uninformed opinions about the future and perfect perspective on the past. You do you. Good Luck!
Thank you for your opinion. I understand how you feel.
I don’t understand why we keep staring at the dog poop day after day huddled around it talking about the same things. And there isn’t a whole lot to say about dog poop when you’re being negative. However in a positive more optimistic light there is so much more. By now we all know how bad it is - let’s consider the positive aspects of dog poop! This dog poop is turning green. Ain’t it pretty?!?
Go AXXA!! Dollars coming soon haha
Anyone post yet about the new website. Updated today. http://www.axxar.io/
Where do you see that Honda was a client of softsmart?
I’m sorry I do not understand your post. What do you mean by “Their GDPR compliance was already in effect when the USA became effective.”
GDPR compliance has only to do with American companies operating in the EU. The effective date for gdpr compliance was May 25, 2018.
You saw the date on this article eh? Did you read it? These companies were not fined for being out of compliance with gdpr but for being out of compliance with pecr. It is right there in the article you cite dated March 28, 2017 nearly 14 months before gdpr was in effect. Furthermore TLNUF purchased softsmart 2.0 at the end of January 2017 and makes no sense to me that the fines were in anyway associated with the work of TLNUF. This in no way supports any argument of scam to me. Long AXXA
After the split I still have the same number of shares, did anyone receive their shares? Did anyone not receive their shares after the 3 : 1 forward split?
I was just about to say this. Thanks! Now I don’t have to.
I think this is the same guy:
https://blogs.perficient.com/author/dcallaghan/
You do realize this didn’t run to $1.32 that was an anomaly and I still don’t even believe that trade actually occurred. I also think that was a down day too. I hope it does and I wish it did but it definitely did not run to $1.32; that is misleading.
This is a load of bull. You have no business posting misleading garbage. The share price went up because naked shorts were sold into a market when the real shares were locked up. The conditions were right for demand to push the share price up and compounded by a short supply. When the real shares became unlocked there was an incentive by all the shareholders to take profits which pushed the share price back down. If anyone created the price fluctuation it was the MM’s. Please do not spread lies.
No need to spread false information - there has not been dilution. OS is still 232,243,000
Seriously - how is up 40% disappointing?
I’m not blaming AXXA, I blame Schwab. They suck. I’m not trying to sell at these levels so I’m not worried about it. I don’t care to call them. The question was what brokerage firms still have locked shares. I answered that mine did. Simple - you may have misunderstood the question I was answering, or I did.
What makes you think I am lying?
My shares are locked but I’ve always been able to put in a sell order.
I agree I expect this to be down again tomorrow but this ticker is never going back down to where it came from. Watch and see. Please quietly, watch and see.
Schwab - still locked
Train wreck? This thing is still up 4,900% over the last 3 weeks. The volatility is from uninformed “investors” out for quick gains and cutting their losses. Those who hold will be rewarded. It’s pretty clear given all the info over the past 6 months. The company delivers. The CE is a good indicator. I was shocked when it went up because the company has proven to me to be on top of these things. And sure enough they were and took care of it. Wait and see at this point.
There wasn’t actually any freak trade. It didn’t occur and if you look now the high for the day was 0.158.
Word, I am so lucky to have shares and even more lucky I was not allowed to sell them. The people on this thread the past 10 days kept me sane. Cheers! I can’t wait to see what each trading day brings us for AXXA. Amazing!
It can’t be done for Tlnuf shares but it can for axxa shares. It asks how I will deliver the shares to my account at the time the sale is completed and I’m curious if I should submit saying they will be transferred to the account by the settlement date. Though they likely wont
I've been pretty excited about this but one thing concerns me - whether my TLNUF shares are actually worth anything. If I can't sell them, isn't it possible that I am in no position to take advantage of this perfect storm. Does anyone own TLNUF shares? What is your strategy or am I actually able to sell these. I haven't tried that yet. Thanks for all the information shared - this has been fun
In hindsight I think I misunderstood https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140341416
Jumping to conclusion
Did I misunderstand his post?
Hey papa bear, what’s your guess as to what will happen with this stock once the transfer happens tomorrow morning? Aren’t they supposed to release news at that time? If so could be good or bad.
do you think this could get to the $1 level?
Are you guys waiting on news? My tlnuf shares are still frozen, is anyone else experiencing the same issue?
Assuming it pops - where would you sell at.
Where to set the limit?
Wish I had heard of this stock before today. Never saw it but appears to me that the balance sheet is solid and the revenues are huge. 35% Gross Margin and a 1.5% profit margin. Good Current Ratio. Taurus is blowing smoke. I want in!