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The MM AYME is known for doing Private Placements, think private loans to companies by investors with convertible warrant options. Further they've had issues with the SEC in the past. See link below:
http://www.investorsrights.com/2013/12/martinez-ayme-securities-sanctioned-again-for-securities-law-violations.shtml
That's a fake 'ask' by AYME. 10K shares is only $13. Who does that?
If you search for the MM AYME on google or iHub you'll not they only seem to show up in situations like this. Or at least there's lots of commentary about them in situations like this.
AXCG is being manipulated.
Agreed. Any buying and we're back in the .0015's in a heart beat.
I am always thinking when we have this dead silence on trading this time of day it's because people on the east coast are knocking off for lunch. LOL.
Isn't that like taking a break to eat during a fire fight in the middle of a war?
My guess is what's happening is this.
Something big on the positive side is coming. At least one MM that doesn't have enough shares is trying to force the price down to pick up inventory. Another MM thinks the news is so good they'll take shares at this price. So it's a mini war with lots of volume.
Nope, just lot's of activity. And since you're asking Q we know it's not you that has the inside information.
Someone knows something and is either doing the buying or selling. It's hard to tell.
I agree with you. Somebody knows something. So hmm, who on this board who is usually running their mouth are we not hearing from today?
We haven't seen volume like this in a dog's age.
Really strange trading today. Something is going on.
agreed. This is the shake out before the run hold on. It's coming.
This is a classic MM shake out prior to a run up. It's a good sign.
We all appreciate you holding AXCG up. Question, how did you get around the million share 'ask' at .0014 to get your trade to execute at .0015? That's not suppose to happen.
That was an interesting close. Even though there was over a million shares on the 'ask' at .0014 someone snuck in a 10,000 share trade at .0015 at one minute before the close.
It doesn't help. That's for sure.
Advertising rates are based off the expected number of impressions an ad will get on a web page. Therefore there must be a a trusted independent 3rd party source for this information available to prospective advertisers.
I'm not an expert in this area, but I'm sure we've got some SEM/SEO professionals on this board that can answer this.
Good morning
It all depends on what the company's exit strategy is.
1) If it's buy out then a reverse split makes no sense.
2) If it's stay independent and get listed on a major stock exchange that's the quickest way to get the stock price higher than $2 as required for listing.
It really defies logic.
If you take Q2's revenues of approx $150K and assume flat revenues so $600 annually. Then a conservative multiple of 20 would make market cap of $12 million.
Of course revenues won't be flat and multiples in this industry are many times higher than 20. Some say 200 might be more reasonable.
But considering that what's going on? A market cap under $4M is just wrong.
I think we're in for a big correction to the upside. Nothing else makes sense.
It still amazes me AXCG's market cap could be so low. Even calculating a reasonable multiple based on last quarters revenue it's still ridiculously under valued.
I do see your public messages. Did you ever receive my PMs?
No, I hear the bling when receiving a PM, put all the messages I receive are in the Inbox Archive folder. Very strange.
Jon, check your inbox archive folder.
You can feel the company picking up a head of steam. We're really starting to roll now.
That's my point exactly. Why do all that work when Gander.tv has already done it for you? They can scale to any size audience demand dictates since they are in the cloud.
You could do it yourself as a club owner, but you would go broke doing it, and it would be huge distraction from you main business.
Even if they got the traffic they couldn't serve it. They typical max upload speed of an Internet connection today is 4 Mb/s. Also businesses pay many times the rate of an Internet connection that a residence does.
To serve thousands of viewers video streams real time you need to have special multicast technology and be at a service provider to have access to the big fast pipes.
Great analogy. It's like selling your car. You can put it in your driveway with a sign on it, put it on craigslist, and deal with all people who want to look at it. Or you take it to a consignment lot like CarMax and have it sold in a few days have the cash while you continue to do what you do best.
We can only dream that happens to AXCG. Here's to having that dream come true!
Exactly! If you read my posts from last night that's what I said.
I agree on that one 100%. They are a distraction from AXCG's core business. Gander.tv will make its millions on it's main business model.
Yep, I am very interested to hear their plan on that one. From the beginning I was wondering how they produce not one, but two weekly hour long shows and keep them fresh.
How does a teenager come up with an hours worth of content that is fun, interesting, edgy and new, but is PC and doesn't offend anyone every week?
For a seasoned professional it would be tough. The late night TV comedians have teams of writers to do that. From all appearances this kid was on his own. Talk about being shoved into the deep end.
I think they grossly under estimated how difficult it is to create an hours worth of fresh, and new content every week.
At one company I worked at I was tasked with writing a weekly blog. After a month or so it becomes almost impossible to come up new content.
Yep, that could be AXCG soon!
I have to agree with you on that one. That puzzle piece does not neatly fit neatly into the picture.
Perhaps we can attribute that to too many cooks in the kitchen with someone thinking if we're going to do it we might as well get as much revenue from it as possible. With the compromise position being we'll offer a $1 dollar subscription which shouldn't deter anyone from subscribing so we'll still get your performance test.
I've sat in so many business meetings that started out so clean and simple that by the time everyone involved got what they wanted you could almost not recognize the original concept.
Further why would AXCG stray so far from it's business model if this were not a performance test? Gander.tv provides streaming of live events from specific venues. Why suddenly they want to become a producer of content?
Chis is a mature enough business man to know when you defocus your efforts you begin to do many things mediocre or poorly. The best strategy for a small company is always to do one thing very well and become well known for that. Producing their own content is a departure from their core business.
I have had the same discussion with others off line for a few months as well. I've kept it to myself because I've thought nothing will come of it until the 10-Q for Q3 is published.
Chris will want to get the best deal he can that to some extent will be based off the companies financials. And being at break even or better would be a strong position to negotiate from.
Well I'm going to stick myself out on a limb here.
The relationship between Gander.tv and Awesomeness TV has never been defined. Why would Awesomeness grant access to Cameron and Nash two stars they have exclusive rights to?
The only explanation my feeble mind can come up with Awesomeness is wholly own by the Disney corporation. The Disney corp would like to enter the live event streaming market but does not have the technology that would scale to the world wide demand they would generate.
The quickest time to market would be to acquire a company that does have that technology, but you need to test it first to be sure. Hmmm, how do you do that? Why not lend them a couple of stars that are sure to draw hundreds of thousands of simultaneous viewers and watch the results?
Am I nuts?
I think the Nash streaming by design was an excellent test and demonstration of the scalability of the gander.tv system and technology.
Think about it for the moment. If you were going to position yourself as a buyout candidate for a company who wants to do event streaming worldwide you would want some empirical evidence the technology of the company you're going to acquire can scale to those levels. And that's exactly what those Nash events did.
I think Chris is clever like a fox. I can just see him sitting in a due diligence meeting being asked "What evidence can you provide that your system will scale to the levels we need to accomplish our goals?" and he simply turns over the stats from those sessions.
I agree the general market is long over due for a 10% correction for a long time. And we'll take our share of that beating. However with some news like Nashville and if Chris throws in something else as a cherry on top we could run counter trend to the correction.
We closed even. Not bad for a tough market day.