I was told he wouldn't give out his age except to say in his 70s. No matter who is right he would have been older than 16.
Let's say it debuted 44 years ago and a year in the making. 45 total.
Mid-60s would make him around 20 and mid 70s, 30.
I think it is a moot point Chris since he apparently hasn't done anything anyway!

FWIW Chris.. Mr. Calirossi is in his mid-70s so for him to be 16 when the Timex commercial first came out (as you stated) would mean it came out at the same time that people started getting TV in their homes.
For some reason I don't believe it was 1942!

Sorry, I meant Chris!

Chis.. That is worse than what Gene told me. He said he had enough votes (not personally but with major shareholders)to pass the resolution so he went ahead and did it.
As I have said it doesn't bother me as long as the shares are used for accretive purposes. With all the revenue we currently have and the acquisitions soon to be paid for, the cash flow should be sufficient so as to eliminate the need to sell equity again for operating expenses as in the 3rd quarter.
We know that in the 4th quarter the OS went up less than 3 million and I can handle that. It hasn't moved yet this quarter.
One more thing. I think an R/S will not be an option Gene will entertain because he has said many times that he doesn't like them and they rarely work. All it does is cuts the number of shares one owns with the price returning to where it was pre-split.

Sammy.. Very informative post!! eom

Sammy.. You don't need to take a sabbatical from posting on RB unless you really want to.
You are not the one that is mentioned in 98% of it's postings.
Whether it's on ignore or not he still talks about me and some of the newer investors tend to believe anything that is posted.
Maybe if I stay off awhile he will run out of personal attacks. We will see.
In the long run I will not let it win. The RB board for AXGI has been one of the best on RB (as mentioned by more than a few) and I think we should keep it that way even if we have to have a post that we put up with all his lies and personal attacks every so often like you do your DD page.
I don't know what the answer is but it will find us here and start the same BS.
I will think about the rest of the weekend and see what I come up with.

Great find Sammy! It seems to fit muny perfectly. Reading his posts are entertaining but in the end it really hurts the stock.
When you repeated what Gene said about dilution and I agreed he made it sound like we were saying there was no dilution ever. No matter how many times I said we were talking about the 3M he wouldn't change his tune. What really fried me was when two longs agreed with him and said basically that negative things ought to be discussed in the public forum and not quashed to hide them.
I have never hid anything. I just don't dwell on them because what is done is done and I nor anyone else can change that. The only option available is to fire management by selling.
The posts went from disagreeing to lieing in record time and people seeing them automatically believe his swirl.
Maybe when he exposes himself for what he really is will EVERYONE put him on ignore, not respond, and he may get tired of posting to himself and leave the board.
Until then my DD and thoughts will be posted here (that is until he comes here and gathers support!).

sirant..Good to see ya!! The more people that are telling him they are putting him on ignore the more he is showing what he's made of.
I pity the poor guy when he not only bashes the stock he supposedly is in but all the longs that disagree with him.
I too believe in management. They haven't given me any reason to believe otherwise!

I hope you are checking this board every once in awhile because I could use the company.
I have quit posting on RB (for awhile at least) because everything I post gets twisted or lied about by a certain basher that mentions dilution or the billion authorized every time he can.
I believe that dilution and the authorized are important too but this last quarter was 91.6% better than the 3rd quarter and we just have to watch what is done with the other shares of the authorized.
Anyway, thanks Chris for giving me an alternate home!

Spoke to Gene and:
#1: They decided to answer all email except when people ask how high the stock is going or want timeframes. That is something a CEO can't legally do even if he had a crystal ball.
#2: There are some exciting things down the pike and we may hear about them even prior to earnings coming out.
#3: He is not changing what he feels is best for the long term success of the company. The reason he is not putting out PRs now is that all it does is makes the MMs money and hurts the investors that get in at the higher prices. When he has something substantial we will hear it.
Lastly, I don't think I agree with a long period of blackout. I am just relaying what management says.
But, as I said in an earlier post, I can wait a couple more weeks. Those that sell at these prices would sell anyway at higher prices and hurt us all.

ELI.. While we're out to a slow start I don't think this board will die as long as there is occasional DD to put out. I will call later this week and see how things are going.
Until then I'm glad you put muny on ignore as he is really two-faced and has one thing he posts about. It IS easier to read now!
I hope he doesn't come to this board!!!

Thanks homers.. I find it hard to believe that with all those buys the MMs could walk it down! Cheatin' farts aren't they?

On Aug. 11th the stock closed at .09 with a high of .10. Two weeks later it closed at .10 with a high of .12. The next week it closed at .12 with a high of .155.
The stock didn't start to slide until the end of Sept. when the OTC market in general was terrible. FYI FWIW
The dilution was done by the end of Aug. so I don't think that had much to do with the slide. ALL my stocks slid whether they had large floats or not.

I don't really care that I wasn't notified about the increase because I wasn't going to sell and there was obviously nothing I could do to stop it.
What I do want to be notified about is if you bring up SEC action so I can daytrade this at my small profit and buy back later when you have killed the stock.
My feeling (as you know) has always been that you support the CEO or get out. I have lost many times by getting out of stocks where the CEO did something I didn't like.
Look at it this way. You will never have to worry about the authorized going up again!

Conversation with Gene:
First I asked why there were no PRs this week and he said that he and Ron were flat out too busy to sit down and write one. I said that is what an IR firm is for and he said that he still has to tell them what to write and keep them abreast of what is happening with the company.
There are great things happening but some he can't divulge right now.
He said they had to stop the weekly revenue updates from the cards when a vendor complained that we were just giving his competition a heads up.
Second, I asked why the PRs couldn't be put out earlier in the day and he said he would try but Business Wire was sometimes 20 minutes and sometimes a few hours (could be the size of the company??my thought).
Lastly, he said he is working on the long term success of the company and right now he feels that the stock can maintain its own while he works on the deals that will take us to NASDAQ.
I support his efforts and although I told him that I want to be able to say that he has always come through as promised and he didn't come through from that Oct. news release that promised more info later in the week, he said there was a good reason for that but couldn't give me details. Suffice it to say it was out of the company's control.
He said he would try to get a news release out soon to "appease the masses" LOL.
He also pointed out that all the people he has started doing business with have become believers in the company and that is where he thinks the bigger buys are coming from.
Overall a very good and very positive conversation!!

Chris.. JMHO but if the company is using equity funding this quarter I don't think it is much. This is just a feeling I get from some other convos and not that I asked directly (honestly I forgot).
The trading has also led me to believe that not much was thrown in the OS. The volume has been too low with the spread too big to think there is much, if any, being sold into the float.
Again JMHO

I spoke to Gene and asked him if PRs were coming and he said that he was just waiting for the holidays to get over.
He also commented that he was saving up the cash for some big time advertising now that the company has the increase in revenues. (I heard the WSJ was $10,000)
I asked him if there were any snafus in his plans and he very positively said no and there was no reason to believe we wouldn't make his predictions from the earlier news release.
He said 2001 should be a great year for all of us.

Yes you are and welcome (finally):)

3/1?? Let me understand this. You want 303 million OS at less than 2 cents?? What would that do for the stock??

jp rider.. Take it from one who has had his t__ in the wringer before for saying not to say negative things, that there are many that don't want to hear that.
Many have said that it should be a sounding board for ALL views and a good place to vent when things aren't going too well.
Just a word of advice from an eternal optimist!:)

Nice find Chrisau! While I won't give up on RB for awhile I will also post here as often as the DD warrants.
Nice DD to start the page! I like this setup better than SI's. Its like RB's but without the Spam and starting with the DD instead of it getting lost in the Raging Links.
Again, Good job Chris!