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For someone who tells others not to make false statements, you sure make a lot of them. This TA updates the share structures of multiple companies always on the same day.
The TA does the SS updates not the company.
If they actually do everything they say they're going to do, the pps will pop really high and hold gains. Problem is the timeline is half a year away.
The chances that it's a scam is already well priced in.
Confirmation (PR) regarding final share issuances and conversions (end to dilution), and the spin-off and audit will get tons of eyes on this stock.
The TA is the same TA as some other OTC companies such as XTRM. That TA has been late reporting, not the company. SS updates are on the exact same dates as AXXA for all companies using that TA.
Good thing AXXA recently stated they are changing to a different one.
Only about 1 million shares were sold to get the price to .0065. People noticed and right away keeping price up. This has happened with this stock many times before, no surprise or funny business that I see since volume is so low. Also TBH I was expecting a drop just because markets had a huge hit yesterday and even today.
Yea it sucks but soon the buying should outweigh the selling especially when word gets out. Waiting for that PR which should be a surprise. Hopefully it includes the information about the final share issuances being done.
New tweet, dilution is over, and spinoff set for June and more details about that coming. Looking VERY good for this stock for a great year for shareholders. After today's tweet about dilution being over, this will get out there and bring buyers. IMO this is the biggest news yet.
Another exciting #news update for our #shareholders
— Exxegroup (@exxegroup) January 31, 2023
For those who were concerned with dilution: #ExxeGroup has completed all planned share issuances related to upcoming debt conversions.#Exxe has no more plans for shares being issued. #DONE$AXXA pic.twitter.com/3hSA2N9mFS
The stock and the stock price have absolutely nothing to do with home sales
250k cap? Where do you get this number from?
The O/S is 1.75 million shares. 1.75m x .0003 = 525,000. Stock has not hit .0002 yet and if it does there are 400 million shares on the bid and not likely to get filled unless there's a big dump. But even at .0002 the market cap would be 350k not 250. Doesn't matter though, they have nearly 10 million in assets so the company should be valued around 5-10 million not less than 1 million.
Sold 10 million at 0006 a few weeks ago, bought back 5 million at 0003. Will I regret this? I dont' think so, given the market cap of the company is just $525,000 at .0003. Even if they raise the A/S and continue to dilute at the average rate of the past 2 years (which is relatively small), the company is way undervalued. Although they are absolutely the worst at managing their stock and having any relationship at all with their investors, they keep their stock pink current and continue to report good numbers. Also, they have an excellent balance sheet with nearly 10 million in assets and less than 8 million in liabilities. I don't care if naked shorts brought this down or added shares, it will get a pop again eventually and the next pop could be 200-300% or higher. 0003 is SO CHEAP
x100xPercent
This has nothing to do with the company, it's their old TA. There's other OTC stocks that apparently used the same TA because they had their update stalled at 11/09 until today as well, and also updated as of 1/16.
If people think the stock is done, seems like I would be able to get my bid filled just 5% lower than the ask. It seems people don't want to sell at the lows.
When it starts climbing people will be claiming $100
That was not much of a dump, I was only able to get 20k shares. Need more people to dump so I can buy my shares back at the bottom.
There's 20 million shares for sale at 0012, only 300k to buy at 0011 and shares have been sold at .0010 today. So for anyone who wants shares, 0011 can be bought easily.
Wrong about one thing... the market cap is $540k at current price of .0011
Waiting for O/S update or PR to decide to dump more shares or buy back what I sold.
Record dilution, record volume, record low price, record low market cap. Makes sense
I had 42 million at 0013, now I have 10 just in case they are able to straighten up their paperwork (which I doubt because they should have been able to do it by now)
I hope dumping most of my shares at .0002 wasn't a mistake and actually saved me thousands
I'm so smart, I bought first few minutes at $3.10! Then...
Then I thought I was smart to take 50% gains selling at 4.50
Don't care about anything except the stock. Nobody here is here for anything except making money.
If it's fake how did it make the stock go down over 50% after hours? I don't think many people closely follow fake websites.
Read the tweets comments section, Exxe replied regarding a question about audit
Should be running soon, but I think the market is waiting for news regarding the distribution plan they announced at the web meeting a few months ago. If I remember right, the plan was to get it going by end of the year.
Dilution done? LOL
Back to Pink Current
ASCM stepped in after it went over .01 so I sold a big chunk. ASCM is either good news or bad news, in this case I didn't see much volume so figured he'd walk it back down.
Currently with 425m shares outstanding, the market cap is $680k at .0016, which is currently today's low price. 0015-0016 could be lowest price depending on next share structure update.
If you were a company losing 1 million every quarter, you wouldn't have a choice but to keep diluting, and need at least 4 million dollars in stock to be bought by retail/investors every year just to keep the business going. That's why the share price keeps going lower, not enough buyers falling for the scam. Most buyers here see 40 million in annual revenues, but why does that matter when they cannot profit? It's easy to do 40 million in sales if you pay 45 million for the product.
I'm in this stock for the rallies. I don't know why, but somehow the company is able to make their stock fly every so often so that they can dump shares to make the money they need because they don't want to sell at low prices to tank the stock.
This will keep going lower until the market cap reaches about $650k. Continued huge dilution is preventing the market cap from going that low even though the price continues down. Could take a dip to .0010 before the market cap goes that low.
They don't make money, they lose about 5 million per year, courtesy of shareholders.
I know a way...
"BUY AXXA" smoke letters in the sky. Or fly a banner.
Big updates are coming
It's solar and battery technology and IP. Maybe they will use this to add solar to their homes? We won't know until they release a PR and explain the plan. All the info we have is FERN's PR. Of course they PR but we just get a tweet.
I've been trading this company for about 2 years now and as much as I hate this company and stock, they still remain pink current and report net profits. There has been no changes at all in a very long time, just more of the same, but now this is a change because their last acquisition was North Star Homes. I imagine this acquisition is for NSH to improve their homes, but regardless, it might be enough to draw in some traders as we already see today. Dilution has been very minimal and the market cap remains very low. The PPS was just 0009, now there's millions on the ASK at .0006 - honestly as much as this company sucks there may not be a better loading opportunity at .0006, being December where lots of buyers come into the OTC and surely a PR will drop regarding this acquisition at any time.