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Yes to dump shares JMHO
Lol what joke
Sir these are fact per 10-Q company has yet to turn a profit, and CEO is dumping shares to keep the lights on.
ROTFLMAO
JMHO
Per 10-Q
2 GOING CONCERN
As shown in the accompanying financial statements, the Company has incurred net losses and negative cash flows from operating activities since inception and has a stockholder’s deficiency of $2,978,355 as of March 31, 2014. The Company has relied upon the cash from its Chief Executive Officer and outside investors to fund its ongoing operations to date as it has yet to generate sufficient cash from its operating activities. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern until it completes its financing activities. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.
What a joke massive dilution to take place, to pay the bills JMHO
ROTFLMAO
Per 10-Q
During the year ended December 31, 2013, the Company’s majority shareholder exchanged indebtedness to him in the amount of $50,000 to unrelated third parties for cash. Simultaneous with the exchange the Company issued these parties convertible notes. .The notes are convertible into shares of the Company’s common stock at the option of the holder at a purchase price equal to the lesser of $.0002 or 50% of the lowest closing bid price of the company’s common stock during the trading days immediately prior to the conversion date.
Much more dilution to come lol
ROTFLMAO
What a scam
Q loves to bash all boards except for this one AXCG he loves to pump that one
I agree I will not be able to make the CC when do u think a replay of it will be available?
Already a huge drop just 2.00
Thank you
Do think we will get a PR before the market is to open?
According to u
Yes after the closing sometime after 4:30
Ask during the CC on Tuesday
Then email him and ask!!!!!
Bid is now larger then the Ask
GO SEEK!!!
Go SEEK next week should be great!!!
TheDirectory.com Reports Q2 Results: Year Over Year Revenue up 278%, Net Income up 1,863%, Year to Date Debt Drops $1.35 Million, Equity Rises $1.4 Million, Going Concern Removed
3 days 2 hours 19 minutes ago - DJNF
TheDirectory.com Reports Q2 Results: Year Over Year Revenue up 278%, Net Income up 1,863%, Year to Date Debt Drops $1.35 Million, Equity Rises $1.4 Million, Going Concern Removed
TAMPA, FL--(Marketwired - Jul 15, 2014) - TheDirectory.com, Inc. (PINKSHEETS: SEEK), an emerging leader in the Vertical and Local search space, today released its second quarter and year to date financial results and set the date for its next shareholder conference call.
Company Founder and CEO Scott Gallagher stated, "Today we're pleased to announce to our stockholders that the going concern statement has been removed from our financials. We've made tremendous progress so far this year in positioning our Company for future growth. We've reduced our Debt load by $1.35 Million so far during 2014. Our stockholders equity is now at an all-time Company record level of $909,870 versus negative equity of ($526,184) at the beginning of the year. And our YTD top line revenue is up over 464% to $1.279 Million versus $226,470. So overall we had a great first half of 2014. We're equally as excited at the opportunities in front of us as we head into the second half especially as they relate to our new call centers in New Jersey and Tampa."
Gallagher went on to say, "We'll be hosting a shareholder conference call next Tuesday, July 22(nd) after the market closes to discuss our first half results, our expectations for the second half of 2014 as well as the next leg of our national advertising campaign that will include national prime time spots."
TheDirectory.com Inc.
www.TheDirectory.com network includes over 2,000 locally targeted Internet domains and websites that generate over 7 million unique users a month. The Company owns and operates vertical directories such as www.PodiatristProfiles.com, www.Chiropractor.net, www.Therapists.net, www.Dietitians.net, www.DentistAppointments.com and others. The Company also owns and operates one of the world's largest city guide networks under the www.HelloNetwork.com brand. For more information or to review the company's financial and regulatory filings with the Securities and Exchange Commission go to www.SEC.Gov
Forward Looking Statements
Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). TheDirectory.com, Inc. cautions that the statements made in this press release constitute forward-looking statements and are not guarantees of future performance and actual results or developments may differ materially from projections made in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made and are subject to change.
Contact:
Scott Gallagher
727-417-7807
Email Contact
(MORE TO FOLLOW) Dow Jones Newswires
July 15, 2014 08:23 ET (12:23 GMT)
Nice close today hopefully we can keep the momentum tomorrow!!
Go
sEEK
Bid is growing
Sorry I just found the info right after I posted that dumb question
Go SEEK
TAMPA, FL--(Marketwired - Jul 15, 2014) - TheDirectory.com, Inc. (PINKSHEETS: SEEK), an emerging leader in the Vertical and Local search space, today released its second quarter and year to date financial results and set the date for its next shareholder conference call.
Company Founder and CEO Scott Gallagher stated, "Today we're pleased to announce to our stockholders that the going concern statement has been removed from our financials. We've made tremendous progress so far this year in positioning our Company for future growth. We've reduced our Debt load by $1.35 Million so far during 2014. Our stockholders equity is now at an all-time Company record level of $909,870 versus negative equity of ($526,184) at the beginning of the year. And our YTD top line revenue is up over 464% to $1.279 Million versus $226,470. So overall we had a great first half of 2014. We're equally as excited at the opportunities in front of us as we head into the second half especially as they relate to our new call centers in New Jersey and Tampa."
Gallagher went on to say, "We'll be hosting a shareholder conference call next Tuesday, July 22nd after the market closes to discuss our first half results, our expectations for the second half of 2014 as well as the next leg of our national advertising campaign that will include national prime time spots."
TheDirectory.com Inc.
www.TheDirectory.com network includes over 2,000 locally targeted Internet domains and websites that generate over 7 million unique users a month. The Company owns and operates vertical directories such as www.PodiatristProfiles.com, www.Chiropractor.net, www.Therapists.net, www.Dietitians.net, www.DentistAppointments.com and others. The Company also owns and operates one of the world's largest city guide networks under the www.HelloNetwork.com brand. For more information or to review the company's financial and regulatory filings with the Securities and Exchange Commission go to www.SEC.Gov
Dumb question does SEEK own thedirectory1.com
Looking good for SEEK
Results of Operations for the six months ended May 31, 2014 and 2013
The following table sets forth the summary income statement for the six months ended May 31, 2014 and 2013:
Six Months Ended
May 31, 2014
May 31, 2013
Revenues
$
1,279,508
$
226,470
Operating Expenses
$
(942,369)
$
(199,076)
Other Income (Expense), net
$
(92,627)
$
(8,695)
Net Income
$
392,512
$
18,699
5
Sales Revenue
Our sales revenue for the six month period ended May 31, 2014 was $1,279,508 as compared to revenue of $226,470 for the same period in the prior year, representing an increase of $1,053,038. The increase in sales revenue was directly related to our $5 Million credit facility we entered into in October of 2013 which provided us with substantial financial resources, on a relative basis, to increase our traffic acquisition programs during the six month period. We expect total revenue levels to be substantially higher year over year for the remainder of 2014. Approximately 82% of our revenue came from our PPC (pay per click) activities during the six month period ending May 31, 2014.
Wow It's the information AXCG CEO put out if you don't understand how that works I just feel bad. The CEO will sell as many shares as he can to playbill, or anything he wants it's just the way it Sorry to say this will go back to trips soon. Best of luck with this one
Umm no it's right in the 10-Q if you would read it, it's in black and white
CEO will dump shares at some point very soon IMO
We can give no assurance that sufficient funding will be available on acceptable terms, or at all, and, if it is not, we may have to significantly reduce, or discontinue, our operations. To the extent that we raise additional funds by issuing equity securities or securities that are convertible into our debt securities, our stockholders may experience significant dilution.
Lol start up this company has been doing this for years. JMHO
Best of luck to you as well buddy
Look at this part of the 10-Q
CEO will dump shares to keep the light on come on look at the facts it's not a profitable company it operates in the red look at this part of the 10-Q
We can give no assurance that sufficient funding will be available on acceptable terms, or at all, and, if it is not, we may have to significantly reduce, or discontinue, our operations. To the extent that we raise additional funds by issuing equity securities or securities that are convertible into our debt securities, our stockholders may experience significant dilution.
Right from the 10Q significant dilution
Right from the 10-q again
The Company believes that it will require capital in the form of equity or borrowed money of approximately $650,000 during the next 12 months. The Company’s current liquidity presents a material risk to investors because the Company does not currently have sufficient funds to pay its outstanding obligation of $185,227 to Mark Astrom if a settlement cannot be reached, or to expand its business as planned. Although the Company has entered into a financing arrangement in the form of Convertible Debt, it has received no commitment of the level of funding or whether the funding will continue and no assurance can be given that any such commitment will be forthcoming or, if so, in what amount.
Look at this part of the 10-Q
We can give no assurance that sufficient funding will be available on acceptable terms, or at all, and, if it is not, we may have to significantly reduce, or discontinue, our operations. To the extent that we raise additional funds by issuing equity securities or securities that are convertible into our debt securities, our stockholders may experience significant dilution.
Right from the 10Q significant dilution
As shown in the accompanying financial statements, the Company has incurred net losses and negative cash flows from operating activities since inception and has a stockholder’s deficiency of $2,978,355 as of March 31, 2014. The Company has relied upon the cash from its Chief Executive Officer and outside investors to fund its ongoing operations to date as it has yet to generate sufficient cash from its operating activities. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern until it completes its financing activities. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.
AXCG - A PONZI SCHEME
What a scam this is been scamming investors for years JMHO!!!
http://www.gurufocus.com/financials/AXCG
No need to be upset it's just whats going to take place soon buyer beware of this scam!!! JMHO
Sir December 2013 is not 4 years
Investors must be made away of all of the business here!!!
ROTFLMAO
This is about to be a blood bath once the CEO does a RS only once he has sold most of his shares!!! JMHO. Buyer beware of this scam