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I don't have to bash this one anymore, right? Everyone's figured it out, right?
Yeah, it's probably not a scam, it just feels like it when they don't do what they say. That's never a great sign. I've never seen the business in person, and sometimes scammers will go through great lengths to seem legit with pictures of smiling employees and professional office spaces, etc. It's hard to tell if you don't see it in person.
I'll hold my share too, because I bought more than I'm able to sell...ever LOL
The numbers are too good for this market cap. Not sure they're real. I doubled down when they hired an auditor a couple of years ago and they still have unaudited numbers. That was the one thing I thought would get this garbage to run. But they didn't do it. Probably a stock scam.
$4,000 purchase at the ask is all it was yesterday. Don't get excited.
I'm an unpaid basher LOL. Nothing about this company is real. That is why it's trading where it is. I just think people should know that.
I think most people know the numbers are not real by now. I've never seen better financials on a micro in my life, but like the old saying goes...if it looks too good to be true, it probably is.
Assets took a step back to make it look like they're real LOL! Tricky.
Quiet period: YES Big things coming? I don't have insider knowledge, but it doesn't appear that they are selling any of their products. I am getting the feeling that management is giving it the ol "college try" but nothing is taking off. Given their awful balance sheet with liabilities eclipsing assets in every way possible, mixed with no revenue means they will not survive. They will probably dilute shares to get as much money as they can and close up shop. I don't hold out much hope for RGGI. Just a hunch, I'm a shareholder, but wish I weren't.
I almost want to buy those 3000, or so, shares to get us to $1.07 but usually when I play "market maker" I get hosed LOL
Nobody has ever bought a second order. Not good. One and done with 3-4 customers now.
Total Current Assets $31.153MM vs Current Liabilities $36.7MM needs to be the other way around. Balance sheet has been slipping the last 12 months. I hope these large contracts can be profitable enough to beef up the operating cash.
I've watched for two years and this is one of the filthiest companies I've seen. Managment paid themselves huge bonuses that are even higher than revenue. They even listed on NASDAQ knowing full well, they'won't meet requirements. They just wanted exposure to a larger market so they could sell more stock when they reverse split. It's a dilution machine. The product is legit, the management should be in prison.
Contracts often fall through. People back out sometimes and take penalties or legal action. Happens all the time.
Just read this, pretty cool!
I agree that this should pop any day. RGGI has a legit chance to go to the dollars, for real!
I just wish the stock price would move. Better earnings...CHECK, New customers...CHECK, New products...CHECK, No dilution...CHECK, stock price rising....anyone? anyone? LOL. Time to move up folks!
An update would be nice. Just because they have contracts doesn't mean anything is happening.
I feel like they have a good chance for that too!
I keep waiting for this to be more established and settle much higher. And I keep getting let down.
How is this not going up? These releases are EXACTLY what investors are looking for? I know they're small and unknown, but.....
The idea is to buy when they're obscure.
Very little dilution over the last year. This one seems like it has a chance.
These are the best releases you can ask for! I hope this is the beginning of more sales. Tip of the iceberg?
I hope everyone got out on this pump. I've been doing this forever.
If you want my 8 shares of AXXA, I'd say this one is going to quads!
Get it? LOL
For every $1000 sold they pay themselves $10,000. It's a big ol tennis orgy with management and their "ambassadors" LOL
Stockholder equity swung ($40MILLION) LOL! They are STEALING from stockholders. Dirtiest managment I've seen in a while. Dilution scheme here. This will go BK when they're done diluting. For. Sure.
They still have 278 million shares to dilute. Zero is a long ways out, but I wouldn't go long this one any time soon.
As long as you know how to navigate them, penny stocks can be ok. They usually go to zero at some point. This one has that written all over it. They'll use the stock as much as possible before taking private. Insiders will get paid well though.
CNXA stock is nothing more than an ATM for management. Sales and General Admin is higher than revenue. They literally pay themselves more than the revenue. They reverse split and do secondary offerings and put the money into their own pockets. Liabilities are much higher than assets, so they will go bk at some point. This is about as crooked a management team as you'll see. They should be in prison. I lost my ash on this when it was SLBG and, at one time, I thought it was promising, but management stole from shareholders by the $$million$s. Luckily, I've recovered on other stuff, but these people are super-crooks.
I started buying in the 7 cent range all the way down. I held even when it hit 20 cents. Took me a while to get over that.
Axxa heading to 0000s. Written all over it. I'm out for good and won't even play with it.
Yep, not worried. Probably just one person getting tired of waiting.
Are they really going to have audited financials? Or is that a bunch of fluff? Been holding for over a year now. I double my position when I heard they were going to get audited to add some legitimacy to their numbers. Is this just more penny-BS?
Yep, questionable morals! Just like I said!
well, they both make movies and have questionable morals, so....
Isn't Eric Parkenson that guy who always says he has projects going just to seem like he's doing something? He's that pretend, producer guy isn't he? He's a Harvey Weinstein-type character, only he doesn't actually make anything.
That was my trade. I now own 514 shares! I like to accumulate slowly. That was Warren Buffet's advice on things.
it's a good sign that we've settled and we haven't dropped below 60