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Stock market is record high and this pos is always red as usual. What a stock I invested in, sigh! Getting really tired and frustrated. Can't sell coz don't want to lose money, imho.
Axxa
0.05- is a big move North to you while this was trading at 0.18 just six months ago?
Axxs
Sept 28 came and left us behind. All the current pink sheet stocks were supposed to skyrocket tremendously, per some of the enthusiastic folks I believe. It seems nothing will happen, MMs are smart on how to play around, imho.
Axxa
I agree with you. I might be wrong, but new September rule may come and go, we don't know yet. If that helps, that would be great.
But, this stock will move north very fast if there is a significant 1Myle updates that can be verified, imho.
Axxa
Voyager launched a brokerage and it touched about $30 from 0.17 in about 5 months, I guess.
Axxa is kind of brokerage in Europe per Axxa. Huge potential if that materialize, imho.
Axxa
I have mixed feelings for Axxa.
1st feeling:
Some of you guys are hoping that the otc market will rebound after this month because of short rules or whatever. I doubt anything will happen to Axxa until company management wants to move forward. They seems very happy with the current pps, otherwise, they would have acted a long ago. Some folks here come and say that Axxa is doing great, but the reality is pps is at 0.02 level.
2nd Feeling:
Current company management must be doing something in the background I believe. Otherwise, they would be fool to watch pps coming down from 0.18 to 0.02, imho.
Axxa
Quote
hopefully more great acquisitions coming
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Why do you need more acquisitions? To have more dilution? They already have enough. Just release detail factual information on already acquired assets.
1Myle was acquired, where is the info? Where is the details? We are all waiting, Imho.
Axxa
Axxa hit 0.0205 today unbelievable. Now, it seems possible to buy at 1s that was unimaginable few months ago.
Congratulations Axxa, imho.
Axxa
Quote
I would have sold in the February pump if I knew this was what I had to look forward to.
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Nicely said. Forget about selling, I even bought few millions at 0.05 to average up.
A lot of money is stuck here while big boards are hitting all time high daily. Lost opportunity, I believe unless Axxa mgmt comes out with big announcements soon.
If Axxa can realize its book value of around 40c in the coming months, we all will be fine. Otherwise, good luck to all long term holders.
Since I am holding millions of shares and don't want to sound negative, but one thing I can tell from my experience is, in otc pink sheet, it is NOT just enough to release a good unverifiable financial and call it good enough. There are a lot of variables. Only a smart management can see them, imho.
Axxa
Quote
I don't get it, why waste your time on this stock if you see no value?
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Unfortunately, I not only wasted my time, but a lot of money also. I just need to get my money back and I am done, imho.
Axxa
Big boards are record high today and this pos is red months after months. What a stock I bought, lol! My money is stuck here, imho.
Axxa
So you basically hoping all otc pink current stocks rise after the end of September because of non current pink liquidation and Axxa will rise too? This is just the hope. September may come and go, we don't know that yet.
We need something concrete rather like sec/otc filings of material events, release of final website, 1Myle's real updates etc etc to get this going permanently, imho.
Axxa
One of my stocks Axx*a had the same situation recently. They made quarterly filings on time and got the yield sign. They had to refile the financial and got current in about three days. Axx*a said, otc required filings in a new format. That's all- just the format. This could be the situation here? Don't know, imho.
Aabb
Some folks think posting good financial is enough in otc pink, lol. Actually, verification is more important than anything in pink sheet.
Until Axxa can verify what they are saying, we are here for a long time or we wait for overall otc market to run like in last Feb. Verification can come from 8K, 10Q, audit, uplisting, share buyback, authentic third party validation etc, etc, imho.
Axxa
I agree. Yes, alternative reporting status is acceptable for sec to become pink sheet current. That's why Axxa has current pink sheet status. Some pink sheet company choose to become fully sec reporting status and do audit and make sec filings like 8k, 10Q etc to become more transparent. Axxa chose not to do that which is perfectly legal. One example is DP*LS. This is like Axxa pink sheet current, but became fully reporting. When companies file 8K, 10Q etc to sec, bashers usually get shut down for calling out scam and that also give a lot of confidence to the investors, I guess.
I hope your predictions will be right in the coming months. We waited long enough to get rewarded, imho.
Good luck to all of us.
Axxa
Quote
You peeps gotta read my posts cuz September is going to be the month 2 Remember!
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I hope you are right. Hope this coming short cover rule will help us in September, but I don't hold my breath because these MMs are very smart, they know how to manipulate with time, imho.
Axxa
Why Axxa is at 0.024? We don't know, but lack of volume is killing the pps and MM can easily manipulate Axxa.
Example:
Fully SEC reporting company - D*PLS
Pink sheet Current
AS- 20B
OS- 4.8B
Financial- audited
PPS- 0.13
Alternative Reporting Standard- Axxa
Pink sheet Current
AS- 680M
OS- 562M
Financial- unaudited
PPS- 0.024
Despite billions in OS and being in pink sheet D*PLS is trading much higher because of audited financial and SEC filings (they disclose all material info through 8K, 10Q etc). It's about trust and confidence for investors, I guess.
Hope Axxa will either uplist or audit the financial to become fully sec reporting company one day.
I will wait for bright days, imho.
Axxa
Wrong, Axxa is Alternative Reporting Company, imho.
FINANCIAL REPORTING
Reporting Status
Alternative Reporting Standard
https://www.otcmarkets.com/stock/AXXA/profile
Axxa
Alternatives reporting company doesn't need to file 8K and 10Q. Financial is enough to get current, I believe.
Fully reporting company that files 8K and 10K disclose material info to sec and carry more weight in terms of trust and reliability from otc investors point of view as I am told.
I guess alternative reporting is easy and costs less money. But, fully reporting has more weight and trust, imho.
PPS is almost to 1s. Unbelievable- I am down big now.
Axxa
Quote
AXXA is fully reporting.
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That's wrong. AXXA is alternative reporting. Maybe it was sarcasm?imho.
Axxa
That company looks fully reporting company. They file 8-k, 10Q etc. Whereas in Axxa, there is no filings except financials. Big difference. Material disclosure is a big asset in otc. Whatever Axxa says is hard to verify as investors claim.
Axxa is red after red most of the days. Very close to 1s now. Axxa management thinks good financial will be enough for PPS. They are wrong, I guess.
It's about the verification and trust, imho.
Axxa
In a pinky world, company that doesn't make money gets thousands of percentage appreciation. Any company that makes money is called fake, scam etc and pps is brought down to the floor.
Welcome to stinky pinky land!
Hope one day Axxa management will wake up and realize about this bitter truth of pinky land and apply for uplisting. Until then, its a flippers paradise, imho.
Axxa
OS per disclosure statement is 562,432,673
OS per Quarterly Report is 526,932,673. Is this a typo or did I miss something? Can someone check? Imho.
Axxa
Quote
Axxa is going to $1.00 by thanksgiving.
This is when we add to the powder kegs
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Is this a sarcasm? $1,lol?
Axxa
I don't know what are you talking about. But, just put whatever is real in the website and get it done. Hire more people if needed. You can always update the content later, imho.
Axxa
I hope news won't be another company acquisition- to increase shareholder value, followed by more shares to the note holders, lmfao.
Where is 1Myle news we were told to get last year? Still in beta testing mode?
Where is website we were told to get last year? Still waiting for good pictures?
Where is audit we were told to get last year? Audit is not the priority now? If so why you advertised this in the first place?
List goes on and on, imho.
Axxa
Axxa is in red for months and whoever runs twitter is teasing us by an axxacited tweet. What a joke!
PR if you have a concrete news otherwise stfu Axxa, imho.
Axxa
428K shares on ask at 0.0258 now. Who is selling these many shares this low? That sucks, imho.
Axxa
Quote
THIS IS NOT SHORTING BRO.THIS IS CD PLAYERS 100%.
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OS shows about 33M shares were increased in the last three and half months period, imho. So, do you mean more shares than this are coming to the market?
Axxa
Shareholders are wondering about their investments and asking why the market is not reflecting Axxa's book value in the pps. Usually, pps is much higher than book value for most of the stocks. This a very legitimate concern. Company just can not say we don't care, we are focusing on long term. They should address whatever way they can to calm their investors.
This is not a private company. This is a publicly traded otc pink sheet company. In otc pink sheet, many companies are shady. Therefore, investors always voice their concerns when pps is down and they never complain when pps is up. This is the nature of stock market. I don't blame them.
Pps matters for shareholders whether they are long term or short term. If somebody says otherwise, I have to disagree, imho.
Axxa
AXXA, July 06 volume was 12.7M with about 55% short, July 16 volume was 8M with about 70% short, Aug 02 volume was 6.3M with about 63% short. All those big volume days had a huge shorting.
If this company management were smart, Axxa would be a prime candidate for a massive short sqeeze. Unfortunately, they are so slow that they couldn't even have a new web site yet despite they said they were working on it last year. Do they surprise us, I don't know.
Book value 0.25, pps 0.025?
AXXA- speed up and deliver. This stock has huge potential, imho.
Axxa
This kind of postings may or may not help new investors. But, we all concerned investors (not flippers) definitely should send bunch of emails to Boris and let him know what we think and what Axxa should be doing. Some folks prefer telephone calls.
Investors should let them know our expectations and demand them.
Things like, we are working for freaking web sites, our goals is to acquire more companies, we are increasing very small amount of shares every months etc, these are the typical answer we get. But, real investors should ask real tough questions.
We need updates like fully running 1Myle in Europe followed by its good website, imho.
Axxa
Quote
Thanks! .05 to mid .02 tells me .01’s are coming
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Hope Axxa management and shorts combined will bring her down to 0.01 soon. I want 0.01, imho.
Axxa
That's what I thought, but there were only 33M shares in the last 3 and half months. Those shares are already absorbed, I believe. I might be wrong though because it is impossible to know exactly, imho.
Axxa
Nobody bought this stock this low in the last six month to sell now at 0.026. This is short trying to bring her down, I believe. They want folks to freak out and sell.
If we get 15-20 M volume for few days to weeks, this is coiled up to blow up, imho.
Axxa
Where did you see sell off?
This is freaking naked shorts, imho.
Axxa
If Axxa gets 15-20M consistant volume for few weeks, it may be possible to blow out to all time high. That is what I am hoping for, imho.
Per otc short report, Axxa is heavily shorted everyday.
https://www.otcshortreport.com/company/AXXA
Axxa
Axxa was at 0.08 in March. Maybe these 33M shares (increased OS) brought her down to today's level? May be, for low volume stock like Axxa, it was just too many shares to be absorbed by the market? Just too many questions at this point, imho.
Axxa
Interesting. Thanks for that info.
Axxa
OS per 3/31/2021 was 527M
OS per 7/16 is 560M
In three and half months, OS was increased by about 33 M shares. I believe these 33M shares were already absorbed by the market.
This could just be naked shorting? I don't know. I am also wondering where all these CDEL shares are coming from. Someone please educate me. But, 33M shares in three and half months are not too big in otc, imho.
Axxa