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There can be no guarantees that the sale will close as expected, that a new management team will be appointed, or that the Company will successfully refocus its business on biotechnology.
@lurker.
What is your average buy ?
No news, no postings............
I hope april brings good news, and in the mean time I have 13.000.000 shares, equal to mr. Djokovich, from whom I expect a positive update.
Picked up another M 1,5 yesterdat.
Now my average is exactly $0,0010.
It only has to double to be out of loss.
As of the fiscal year ended September 30, 2019, we had two full-time employees including Mr. Tom Djokovich who is President and CEO which represents on full-time employee change to the same period ended 2018. We also rely on part-time employees to augment the size of our workforce.
They will have to appeal on subcontractors, where the profit is small.
Yesterday, and the days before I picked up 2.500.000 shares at $ 0.0005.
0,5 million to go to lower my average to 0.0011.
The chances are increasing that I may come out without loss.
So, your average buy is $ 0.005.
At the time, mine is $ 0.00154 and still buying to lower it.
Put another $ 1.000 at risk.
That makes two of us, but I think you can forget about that miracle.
The sales volume or revenue must tenfold or hundredfold and than maybe we can get our money back.
My input in $ = 8.900,00
But they won't do it, because it is too expensive.
Been long too, also since 2006.
Reverse split 1 for each 10 could be a solution.
But since issuing is like the milkcow for Mr. Djokovich................
Please, explain "for tax reasons".
Buy out, nearer than you think, seen the age of Djokovich.
In the mean time he passes the caiss by issiung more stock up to 2 billion.
Then end of story.
How long ? And what is your average ?
You realise that losing two zero's means 100-fold, and as a contractor
Djokovich will never be able to justify that.
Although...........it would be nice.
Yes, I saw the 10k of friday 20/12.
The increase in sales is a good thing, though we need 10 fold of that to achieve something meaningfull.
I am in since 2006 and own 5 mil. at an average of $0.0021.
Only a small part of my portfolio, but I expected more from XsnX.
Aha, the trick with derivative liability.
For 2019 a gain of $ 2.208.683
The difference in deficit between 18 and 19 is exactly the net income, see page f-4.
There is no "almost a $ 3 million decrease" but only exactly $ 2.343.982
The results of the accruals are already contained in the net result/income.
Accumulated deficit is still $ 44.752.523.
With a profit as of 2019, it will take more than 20 years to erase that deficit.
Now it is listing at 0.0006, and you want 0.15 ?
That is 250 times today's listing.
A bit greedy, don't you think ?
I hope you are right, but I doubt it.
Above a penny would mean a market capital of around $ M20.
That is 10 times sales of 2019.
If you should say past a nickel or a dime, but past a penny ? ? ?
And even that is ? ? ?
Poverty trump.
As a contractor they never can reach $ 1M a month.
All the do is issue more shares to fund the salary for Djokovich.
In 2 years from now, there will be 2 billion shares, and I predict that point will be the end.
Djokovich will have reached retirement age as a welthy man, leaving the shareholders with nothing.
sorry, correction, reverse split 1/100
At least 10-fold sales needed + reverse split 100/1
Is this you P ?
More BS by Djokovich on Stock Day podcast.
That is all you gonna get.
He does nog care about the shareholders.Issue more stock and cashing the money is all he does.
Those who bought at $0.0013 are scammed.
Now you can buy at $0.0007-0.0006 as many as you want.
What do you mean bij fully loaded ?
I am in since 2006, and have 4 million shares at an average of $0.0021.
Most of them bought at $ 0.0004.
Watch this : outstanding shares
02/16/2010 198.662.320
09/30/2017 1.040.146.548
03/31/2018 1.406.800.138
01/04/2019 1.521.097.230 and further allowed up to 2.000.000.000
In less than 9 years a nearly 8-fold of issued shares, all upon conversion of debt and accrued interest.
They are playing with derivative liability, whatever that is, to create a false net income.
https://www.tijd.be/ondernemen/milieu-energie/leuvense-vorsers-vestigen-record-voor-waterstofgas-uit-lucht/10101981.html
Belgian University of Leuven developed a solar panel that generates not only elelctricity but also hydrogen without loss of electricity.
If Djokovich did his homework ..................
Why would you pay $ 0.01 a share if the shareprice is $ 0.0006 ? ? ?
If only, Djokovich was honest and transparant.
As I said before, I am in since 2006, and my M 4 pieces average at 0.0021.
If ever it reaches that level again, I am out.
Djokovich is not transparant at all.
We know nothing.
Does he work with interim or with subcontractors ? ?
How many staff members are there ? In the annual report is mentioned 3.
Creating shareholder value is not of his concern.
He pretends XSNX is "going on concern" but in fact he is bankrupt.
Revenue = K 700 and cumulated loss = M 47
https://ih.advfn.com/stock-market/USOTC/xsunx-inc-pc-XSNX/stock-news/79000435/annual-report-10-k.
Basic shares outstanding versus share price
2014 M 535.80 0.0071
2015 M 649.71 0.0068
2016 M 733.54 0.0012
2017 M 930.96 0.0010
2018 B 1.35 0.0011
Now B 1.52 0.0008
How long can this go on ? ?
You sure are the funniest at home.
Conslult the chart, and make a comparison between the valuation of the share and the number of issued shares over the last 10 years.
You mean a resistance at 0,0008 ! ! you forgot a 0 in between.
And before we crack 0,01 ? ? ? In your dreams, cause that would mean a multiplication factor of 1.250 %.
Not now, not tomorrow or next week.
Maybe in 50 years.......but that would be impossible cause they are bankrupt.
By the way, have you seen how many schares were issued in comparison to
last year ? ? The dilution is enormous.
Make the same exercise in comparison to 10 years ago ? ? ans you go crazy.
This one is bankrupt ! !
And the issueing of new shares upon conversion of debt an accrued interest only purpose the salary + health insurance for Mr. Djokovich.
Oh and let us not forget, accounting fee.
In since 2006 it is too late to flee.
Revenue K 700
Accumulated loss M 47
Commercial court in Belgium would nog allow this.
Bankrupt is all I can say.
Money TV used to follow them, but they gave up.
Tom, how are you dealing with the raised intrest in commercial rooftops and carports ?
Via subcontractors, or are you hiring new workers ? ?
We, as shareholders/investors, like to be updated about those things, as well as what this means in terms of sales/revenue.
It is no big deal when the news brings us from $0,00075 to $0,0008.
Please inform us
Tom, how are you dealing with the raised intrest in commercial rooftops and carports ?
Via subcontractors, or are you hiring new workers ? ?
We, as shareholders/investors, like to be updated about those things, as well as what this means in terms of sales/revenue.
It is no big deal when the news brings us from $0,00075 to $0,0008.
Please inform us
Beside the CEO "Djokovich" provides himself a richly salary, by issueing a monstrous amount of shares, the shareholders hear nothing at all.
No quarterly revenue, nothing.
On this and other boards we asked him to be transparant and honest.
No answer
I am in since 2006 and I own Mil 4 shares at an average of $ 0.0021, and the day this share surpasses that listing, I am out.