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You can take all valuations and throw them out the window for the following (IMHO - I usually like to stick to verifiable facts but the proof is in pps) reasons:
1. Simple ecomonics: there are far more shares available for purchase at this level than people looking to buy...
Why?
2. The CDers dump away at bid as soon as they get there shares....they will continue to do so and they are locked and load to convert well beyond 1.98 billion....the price can't appreciate towards your valuation because these guys pound away at every opportunity and they have more to sell than people are willing to buy.
2a. Zero investor confidence in management (minus the sheeples). Management has failed to follow through on audit and share buyback....6 years and counting on company audit, looking at this point like a failed effort on a simple subsidiary audit (shouldn't take months and months and months) and with only $800k free cash - funds lacking to actually do a buyback and the "Q3 report" should be a red flag as far as buyback viability
3. This is a pink sheet company....not a big board ticker....no charting or valuations carry weight.
I am glad you see the red flags that have been flying for quite some time...the real question is when does the .001&change bubble pop and this becomes a permanent resident in the trips
Good post.
Low float? WTF are you looking at?
Just because people post facts that you don't like or refuse to acknowledge does not make them a basher...it makes you an idiot for not seeing all sides...
Yes....management is smart...they suckered the sh*t out of you and many others....
Don't hate because i uncover facts that nobody else does....like a 1,046,000,000 O/S....that's a lot of dilution....like misleading debt totals because they don't know how to factor in interest.... What's worse Incompetence or deceptiveness.... I think you get both here.
.0013 x .0014 5.2 milly dumped
They conveniently left off convertible note from debt table. (Pg 41). 96,579 plus interest (8%) is now $208k....not reported
On the majority of the other notes on table 3B, They are not accurately reporting interest on these loans therefore misleading investors with false debt numbers....there is a ton more debt than people think.
Fair enough....my apologies
11:59:59 type?
Funny you should say that... You're compadres said the same thing when this hit five hundred million.... Raise the red flag when it hits one billion....lmao
"Boris" is the collective noun for the entire useless management team. If you have not figured that out by now...Can't help you....plus....it has even been spelled out for you before
70 million shares issued to dumpers...It's a shame Boris thinks by hiding current share numbers things will be better....lmao...but Lou, Scottie, Rocketma and others don't think CDers are a huge problem. Guess what...they are wrong and have been wrong along
Just people concerned about their investment when CDers have already been given 70 million shares since A/S raise...just a little over a month
Doesn't matter....they are legally obligated to comply with any conversion request on a mature note... Which Is why Boris is Hiding the new share count numbers.... Don’t you find it the least bit odd that we are going on 2 months and the company has not acknowledged to its loyal shareholders that it has more than doubled the A/S.... So much for transparency... Guessing it doesn't show up in subsequent events either In tomorrow's Q report.... Should be a barrel of laughs
They can verify profile and update float(2/24 according to otc) but won't let T/A release share numbers....lmfao
.0015 with 9 million dumped
You should be more concerned with CDers dumping millions
Everyone jawing & not watching dumping?
And Share Update is still nowhere to be found
And filing updated share numbers as long as you are calling Boris out for incompetence
Boris still hiding raise to 1.98 billion and the conversion issuances since the big raise...40 days since filing with Wyoming...ridiculous
That is absolutely 100% correct.
51% of axxa = zippo in terms of control....that 1 preferred A share equals 4 times the total common outstanding plus the amount of shares in pref b...so 500 million gets you about 12.5% vote....maddy is right.....you can't read what's important like publicly filed corporate disclosures.
OTC handles compliance for Pinks genius...not SEC
Every 30 days....einstein...per transfer agent verification rules....you don't know sh*+ fuc*tard
I caught it- nobody here knew they raised A/S and started diluting...alerted otc - and obviously called company out....check my old posts from that time period...i think i caught in august...
Absolute fact
Lest we forget, axxa TWICE reported false numbers ( july and august) to OTC last time they snuck the A/S raise past everyone a July 1 (waited till quarter closed)...not exactly a transparent and honest bunch
New O/S numbers (and that shiny 1.98 billion A/S) due tomorrow ...$10 says they are late....again
You do understand this is not a public company Audit....a single subsidiary out of a supposed 28 entities.... At this rate it will take him 28 years to audit all the subsidiaries and another 5 To Do the pub co.
All CDers.....Mms less than 0 to do with this....CDers trashing bid in 2024....just like last year
More like suppositions (lol --> suppository came up on auto correct which may be accurate) from a company who lacks follow through with of significance to investors
Show me audited numbers...we can talk all day, otherwise --> run of the mill stinky pinky run by CDers converting into a 1.9 billion A/S
A transfer agent cannot legally issue shares if there is not room in the a/s so this was a done deal.... Remember the company does not issue shares... It sends an issuance resolution to the transfer agent for the transfer agent to follow assuming. There are enough shares available in the company's treasury
16 million traded outta nowhere... other Than when the last 23 million was issued to CDers before Jan 9... Can you honestly tell me that you believe that this is an issuance(s) to anyone but CDers?
That is unsubstantiated enterprise value... Because with all the financial geniuses that are in the market, And with all the technology available and emerging AI --> Whales would be all over this if they thought it was worth a sh*t.... And yet it is at nine tenths of a percent of An unaudited company's reported value.
11.5 million traded on no catalyst, that O/S is going up big
I really don't think it's manipulation...CDers dumping conversions at the bid at will.
Speaking of termites, Boris and company still has not acknowledged they more than doubled A/S....pretty slimy
Would also wager that next report from T/A will not be Feb 9.....much much later so as to hide what has been issued since the A/S was raised to 1.9 billion