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Re: ubmmg post# 81297

Friday, 09/14/2018 11:07:54 AM

Friday, September 14, 2018 11:07:54 AM

Post# of 108192
What bothers me is the lack of transparency throughout. Perhaps reason we not seen an AXAL deal is tied to perhaps true reason they pullled their request for approval. We can make all assumptions in the world but really why the lack of transparency. The act of pulling it was going to send bad signals, but what was the initial review response that had them realize more is needed and to shelve.

Also no conference call with no questions to be answered is another move that just doesn’t make sense. You have to know your shareholders are sitting on sidelines and getting hammered and you really don’t have much to say. Why not come out and say no more dilution this year? Something.

So is it because a deal is in the works? I feel if any deal close they wait for that to close to get a higher offering. I really hate this BOD. Nothing ever feels right. How long we stare at financials and ask why we keep hiring and have all these employees with where we are at. Now there really is no genuine institutional oversight, leave them free to do whatever.
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