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Why did you you only talk about Boris?
Hopefully the CEO continues to clean house (including non-performing assets) while keeping revenue to $60M+/year in 2024 and 2025!
And, provide a detailed update on the CRSP and sub Audit within the next 2-3 months.
Is AXXA cleaning house for a better company in 2024-2026? Interestingly I've never heard any complaints about the CEO, just Boris. What are your thoughts on the AXXA CEO?
A good SOUN CEO Interview: https://finance.yahoo.com/video/ai-enabling-voice-user-device-204220401.html
I saw the AXXA CEO PR summarizing all the great things they are doing. Now we need a CEO Shareholder Letter thanking us for our patience through all the great things they have done the past year, the "undervalued" share price, and that some day the share price will reflect the "true" value of AXXA! That would make my day!
Does the SEC forward complaints to FINRA?
Looks like AXXA needs a more competent CFO to make sure all the numbers are correct and add up? Perhaps that will happen in the 2024-2025 timeframe.
Bravo! Perhaps AXXA management will wake up and do something that enhances common shareholder value throughout the rest of 2024!
Yes, but the last 3 Qs were $15-16M each so the odds are they will have another $15M+ quarter.
AXXA headed for $60M+ revenue this FY, up from $53M+ last FY!
Too bad TPAC folded. Looks like COMAC is finally coming to life to compete with Boeing and Airbus. If I recall correctly, TPAC had connections in China and was making airplane bearings. Oh well, it was this recent COMAC news that triggered my TPAC memories!
Hope all is well with anyone still reading this board!
https://finance.yahoo.com/news/1-tibet-airlines-finalises-orders-033226968.html
Also, next week marks the last Q report from 2023. 2024-2025 are projected to be much better than 2022-2023 for AXXA. We shall see!
Next week is make or break week when the next Q comes out. Looking forward to an incline vs decline next week!
The Float matches the Unrestricted OS so makes sense. The Unrestricted OS has been known for quite awhile.
AXXA gave notice of late filing. New date is 2/20/24 and reason is....
"The company has gathered and compiled all the data and finished everything except for one sub that still remains to be completed."
OTCMarkets and they have their own disclosure requirements: https://www.otcmarkets.com/stock/AXXA/profile
Agree! Was hoping for a $.002 close, but I'll take almost 16% up any day.
And Float = 551,451,419. Updated 2/1/24
Seems like a billionaire could do a buyout of SBFM and then turn it into a major biopharmaceutical company?
AXXA should follow META with a "Buyback in a Bid to Win Over Investors" and get it started this month!
Well that is surprising! I wonder who the Billionaire is buying SBFM?
Holy Cow Batman! the DOW is headed to $39,000, the NAS to $16,000 and the S&P to $5,000. I guess I should stick with these types of stocks instead of the OTC! Fortunately I'm diversified and have a little of all of these!
When you say "they are russians...criminal russians...they lie" are you including the entire Management Team/BOD (see below) or just certain individuals? Please clarify.
Management Team
Dr. Eduard Nazmiev
Ph.D, Chairman of the Board, CEO, CFO
Dr. Eduard Nazmiev is involved in R&D following macro economic trends, oversees global expansion of Exxe Group, as well as CEO/CFO work. Dr. listed inside more significant thing about Nazmiev’s expertise includes development of socio-economic programs, development of investment programs and intellectual property, and has organized management structures, manufacturing and operational systems.
Dr. Eduard Nazmiev currently holds positions of Associate Professor and Head of Economics Laboratory and Management of Academy of Sciences as well as Deputy Chief Editor of the Scientific Journal for Regional Economics.
Boris Matsokhin
Managing Director, Strategy
Boris performs the role of Managing Director, Strategy and leverages his years of expertise and experience as a senior executive in multiple industries and as a serial entrepreneur. Boris has over 20 years of experience, he held positions with Merrill Lynch, Goldman Sachs and Bloomberg, along with broad expertise in health care, technology, and real estate. His diverse experience includes leading ventures in music, film and fashion industries. He has vast experience in structuring middle market M&A deals across a broad spectrum of industries. He holds board positions in multiple ventures leveraging it to the advantage of Exxe Group
Joseph Cohen
Software development
Joseph has more than 20 years’ experience in system architecture design and management. Leading product development for Privatis, Joseph directs a team of software/mobile developers. Accomplished for his in- depth knowledge of the core programming languages required to build IT systems and platforms, Joseph co-authored The Web Programmer’s Desk Reference (2005). A graduate of California State University, Northridge, Joseph holds a Bachelor of Science in Business Administration and Finance.
Anna Ivanchenko
Chief Marketing Officer
Ms. Ivanchenko has almost 25 years of international marketing experience in senior leadership roles in largest CPG companies like MARS & DIAGEO with a proven track record across developed and emerging markets. Anna brings significant expertise in marketing strategy, consumer and customer marketing, business & organizational transformations, development and coaching of high-profile teams for overall leadership and marketing functional capabilities. For more than 10 years Anna was a member of Leadership teams and Management teams heading the Marketing Division. Anna earned a Bachelor and a Master’s degree in Economics.
Tiberius Vadan
Vice-President, Mergers & Acquisitions
A Harvard graduate, Mr. Vadan has over 20 years as a senior executive specializing in Mergers, Acquisitions, Divestitures, and cross-functional transformation. In his current role as Executive and partner in IBM’s Global Enterprise Transformation, he guides IBM and Fortune Global Top 50 executives on setting strategy, identifying & prioritizing transformation opportunities, determining value and identifying targets, performing due diligence and assessing risks, executing transactions, and integrating operations. He has delivered results in over 250 deals ranging in valuation size from $ 100M to $ 250B with significant financial impact.
Andrew Dickinson
Automotive
Andrew has over 10 years in the retail automotive sector. Andrew has had key involvement in every aspect of retail automotive, having spent years as the platform director of Cox Automotive and most recently an executive in the Williams Automotive Group. Andrew also brings a wealth of knowledge in the start-up sector having started and sold multiple small businesses. The knowledge gained has allowed him to leverage working as a consultant and allow him to currently sit on the board of multiple start-ups including New Town Connections. Andrew earned a Bachelor of Arts in Economics from the University of Michigan.
Duane Fillippi
Agribusiness & Renewable Energy
Duane has two decades of experience in farming & agribusiness, in particular within North American hemp operations industry. He is currently the operator of Exxe Group’s flagship hemp operations, Flying Creek Trading, and brings his invaluable expertise to the development of Exxe Group’s agribusiness division. Duane’s other specialty is renewable energy. He managed the residential and commercial energy savings programs for SaskPower, saving over 26 GWh of electricity and reduced 8 MW of demand from 490,000 SaskPower customers. With this background, he champions Exxe Group’s initiatives in the field of Renewable energy, and provides significant contributions to the Sustainability agenda of the Company.
Peter Alexander
Architectural Design & Resorts Development
A noted landscape architectural designer and planner in dozens of countries, Mr. Alexander boasts over four decades of planning, oversight, and execution in the environmental, architecture, and energy arenas. Delineating oil from water with constant different temperatures became his signature inventive improvement. Mr. Alexander has led planning and design of projects of all sizes including high-profile, major resorts such as the Olympic Training Center in Lake Placid, New York. He currently leads the Company’s efforts in the Rhode Island project and brings his invaluable expertise in driving other projects in the agribusiness segment, as well as construction of Resorts across different countries.
Caroline Delaude
Legal Counsel, Europe
Caroline is a specialist in intellectual property and corporate law. She has been involved in consulting and litigation since January 2011. She assists clients with company set up, status change, asset devolution transactions, merger absorption, spin–off or partial contribution of assets. She is responsible for negotiations and preparation of entertainment and media-related contracts. Caroline also manages copyright litigation, trademarks, and covers other aspects of Intellectual Property. Besides that, she has a strong background and experience in company management, and monitoring of company securities according to currently binding law. Over the past eight years, Caroline has worked for the Gemalto Company (Leader in Digital security) in different countries, in a close collaboration with banks and stock market authorities. She holds a PhD in Intellectual Property, and a Master’s Degree in Tax and Corporate Law.
Board of Directors
Dr. Eduard Nazmiev
Chairman of the Board, CEO, CFO
Dr. Eduard Nazmiev is involved in R&D following macro economic trends, oversees global expansion of Exxe Group, as well as CEO/CFO work. More significant thing about Nazmiev’s expertise includes development of socio-economic programs, development of investment programs and intellectual property, and has organized management structures, manufacturing and operational systems. Dr. Eduard Nazmiev currently holds positions of Associate Professor and Head of Economics Laboratory and Management of Academy of Sciences as well as Deputy Chief Editor of the Scientific Journal for Regional Economics.
Darla Gullons
Board Member, Managing Director, Special Projects
Ms. Darla Gullons oversees administrative work in Canada and special projects across selected divisions. She brings valuable experience of teamwork, and knowledge of organizational flow and specific knowledge in property management. Previously she was a President of a real investment firm. She also held Executive and Administrative positions in Marsh & McClennan Insurance Brokers, PriceWaterhouseCoopers, and Sprung Structures International.
Peter Salladé
Board Member, Managing Director, Digital Media
Mr. Salladé is an expert in media content and media/entertainment & digital content distribution in Europe and Asia. For the last decade he has served as a consultant to key government projects in Asia, including the Beijing International Film Festival, Golden Rooster Awards International Section, 48 Hour Film Project in China, etc. For 8 years and counting he’s continued the noble work of the European Union Film Festival in China to bring culture through the Great Firewall, and now is heading up Exxe Group’s digital communities department, media content development, and distribution efforts. Mr. Salladé holds an undergraduate degree in Sociology from Brandeis University, and a Master’s degree in Interactive Telecommunications from New York University’s Tisch School of the Arts.
Joanna Filipowska
Ph.D, Board Member, Head of Biotech & Medical Sciences
Ms. Joanna Filipowska holds a PhD in Medical Sciences and has a solid research background with such prominent institutions as the Mount Sinai Hospital, NY and the City of Hope Hospital, LA County. She has a meaningful publication record in biology and biotechnology. Joanna is currently engaged in due diligence and research for the Company’s health care and biopharma initiatives.
2 New SBFM Officers as of January 25, 2024:
The resumes of the Company’s new officers are as follows:
Malek Chamoun, age 39, was appointed as our Chief Development Officer in January 2024. In 2017 he founded Nora Pharma Inc., a Canadian pharmaceutical company (“Nora Pharma”), based in Montreal, where he has been the President and CEO since inception. We acquired Nora Phara in October 2022. Mr. Chamoun received a bachelor’s degree in business administration from Hautes Études Commerciales, Montreal, Quebec, Canada in 2008 and became a licensed CPA in Canada in 2012. He devotes all of his business time to Nora’s affairs.
Marc Beaudoin, age 57, was appointed as our Chief Operating Officer in January 2024. Mr. Beaudoin has been self-employed as a business strategy consultant, primarily in the pharmaceutical and biopharmaceutical sectors, since 2016. From 2006 to 2016, he held several executive positions at Sandoz Canada in various areas including Marketing and Communications, Strategic Planning, Business Development & Portfolio Management. As an executive and an entrepreneur, he combines expertise in strategic planning with operational and commercial execution. Mr. Beaudoin obtained his MBA from Sherbrooke University in 2018. He also holds multiple certifications (including a fellowship) from the Association for Supply Chain Management.
https://sunshinebiopharma.com/wp-content/uploads/20240130_8k.pdf
$.15 sounds great, but anything over $.01 by then is a good start!
That's why the CEO needs to speak up about the current state of affairs to include why it didn't happen last time and why it will happen this time.
Also, regarding audits I said "more" which means more than zero, therefore doing the 1 they hired Fruci for would be more.
What is long-term for you? I'm predicting back to $.01 in 2024 and $.05 in 2025. According to AXXA they are planning to grow more in 2024-2025 with less debt/liabilities and more audits!
It is easy....the AXXA CEO simply needs to provide a detailed, positive, transparent, and accurate update to shareholders specifically regarding the current status of the CRSP, AUDIT and AS within the next 2 weeks. Is that too much to ask from the AXXA CEO (not from Boris)?
As a reminder about the pending CSRP:
NEW YORK, NY / ACCESSWIRE / October 18, 2023 / Exxe Group, Inc. (OTC PINK:AXXA), ("Exxe" or the "Company"), a diversified fintech acquisitions company, is pleased to announce its Board of Directors has passed Board Resolutions that authorize and create an Exxe Common Share Repurchase Plan (the "CSRP").
As part of the CSRP, the Exxe Board has granted authorization and instructed the Executive Management team to establish a dedicated bank account at TDBank with funds exclusively earmarked for Exxe Common Share repurchases.
The Common Share Repurchase Plan will allow the Company to initiate repurchases of Exxe Group Common Shares at the Company's discretion. Establishing the dedicated bank account now ensures funds will be available for use to execute share repurchases subsequent to market announcements.
The Board has also reviewed the entire plan to ensure that the CSRP is fully aligned with the long-term vision of improving shareholder value. The Board anticipates the CSRP to result in improvements to the Company's capital structure, as well as to strengthen the company's financial foundation.
Further information about the Common Share Repurchase Plan will be presented in Exxe Group's Second Quarter (2Q2024) Report. The Report is currently scheduled for a release window sometime between November 15-18, 2023.
Dr. Eduard Nazmiev, CEO of Exxe Group stated: "The Common Share Repurchase Fund strategy is part of a broader initiative intended to deliver improvements for both shareholders and the Company as a whole. The CSRP underscores our unwavering commitment to enhancing shareholder value, while maintaining a responsible approach to capital allocation. We firmly believe that this initiative perfectly aligns with our long-term vision and steadfast commitment to prudent financial management."
The Company plans to release additional information on the CSRP following the Second Quarter Report.
As a reminder about the pending audit:
NEW YORK, NY / ACCESSWIRE / October 31, 2023 / Exxe Group, Inc. (OTC PINK:AXXA), ("Exxe" or the "Company"), a diversified fintech acquisitions company, is pleased to announce the engagement of Fruci & Associates to conduct a comprehensive audit of its subsidiary, designarchive AG.
Exxe Group acquired a controlling interest in leading furniture manufacturer and interior design agency daskonzept group AG in May 2021. daskonzept group AG was subsequently rebranded as designarchive, as part of the growth and turnaround plan Exxe Group has been effecting.
The designarchive audit will encompass all relevant financial aspects of designarchive AG's operations. This includes balance sheets, statements of operations, stockholders' equity, cash flows, and related notes (collectively the "financial statements") for the years ended December 31, 2022, and 2021.
Dr. Eduard Nazmiev, CEO of Exxe Group, commented: "Our decision to engage Fruci & Associates, a PCAOB-accredited auditor, for the audit of designarchive AG is part of our plan to grow Exxe Group in 2024 and 2025. Working with industry-recognized professionals enhances our ability to provide our shareholders with a clear and accurate picture of daskonzept group AG's financial health."
Fruci & Associates is a PCAOB-accredited firm headquartered in Seattle, Washington. Fruci uses Generally Accepted Accounting Principles (GAAP) and other requirements issued by the Public Company Accounting Oversight Board (PCAOB) to deliver high-quality accounting services for public companies, including SEC-registered companies.
Exxe plans to provide updates to shareholders on the audit process as they become available.
About Exxe Group
Exxe Group Exxe is a diversified fintech company with assets in real estate, architectural design, agriculture, automotive, medical, media, and trading technology. Exxe Group acquires controlling equity interests in undervalued assets and undertakes an active role in improving their performance - accelerating their growth by providing access to capital and management expertise. For additional information please visit the Company's:
Website: http://www.exxegroup.com/
Twitter: https://twitter.com/exxegroup
About designarchive AG
Designarchive AG - fka daskonzept group AG - is a leading furniture manufacturer and interior design agency furniture headquartered in Thun, Switzerland. brands include USM Haller, Vitra, Tecno, and Inno. The Company has various furniture manufacturing plants, offices, and warehousing operations in Switzerland, Italy, Finland, and Germany.
Prestigious clients include, but are not limited to, MoMA, Museum of Modern Art, New York, Charles & Ray Eames, George Nelson, Sir Norman Foster, Frank Gehry, Nicholas Grimshaw, Zaha Hadid, Tadao Ando, Alvaro Siza, Herzog & de Meuron, and SANAA.
For now...let's see how 2024 unfolds!
If nothing else, at least "AXXA is trending on iHub based on user activity." You may not make any money this way, but can be part of a trend!
I've seen and had pink sheets do much better than the major indexes. Let's see how 2024 unfolds.
S&P almost to $5000 already! Will AXXA get onboard the gravy train and make it to $.005 soon, then $.05 later in 2024? One never knows unless they have a crystal ball that works!
AXXA is calling this one a CSRP and they claim they are supposedly setting up a specific funded account to repurchase common shares. The January meeting is supposed to check the status of setting up the specific CSRP account. If the meeting has occurred or will occur early this coming week, then getting an update shortly thereafter on the status, and possibly the implementation timeline, is what we are waiting for.
As for 2019, that has come an gone (by 4-5 years) so it never materialized. Does that mean it was a lie or did AXXA just not get its' act together to implement an "imminent" buyback that time. Either way, this is why you are skeptical which is understandable. I am also skeptical about the more recent CSRP announcement. We shall see if they deliver this time around!
I agree with you on this one....time for a new AXXA Spokesperson! Someone who says stuff with improved accuracy!
Look where the DOW is projected to head after first rate cut this year.....
https://finance.yahoo.com/news/dow-surge-24-feds-first-015254316.html
Now, if AXXA surges to a measly $.01+ in 2024 that is 500%+!
Read pages 50-53 on the latest report for the AXXA updates (see link):
https://www.otcmarkets.com/otcapi/company/financial-report/388953/content
AXXA has said in the filings that world events and economic/market conditions have affected their business since the 2021-2022 timeframe. Looks like the economy is getting better and interest rates should start to go down in 2024. As for world events, that remains to be seen.
AXXA = $253 million Assets; $49 million Revenue; 28 Acquisitions (Source: exxegroup.com homepage)
Is this a lie or is this the truth? That seems to be the debate on this board.