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littlejohn

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Alias Born 05/01/2004

littlejohn

Re: None

Thursday, 04/29/2021 10:44:03 PM

Thursday, April 29, 2021 10:44:03 PM

Post# of 14475
AXAS, 2.20, company shows about a billion

of assets on balance sheet

that were acquired in past and

have seen quarterly depreciation,,,

and have seen large impairment

write downs when the oil

price plummeted...


Company posted 8k filing today

showing very short term waiver

for debt covenant violation...


https://www.otcmarkets.com/filing/html?id=14904983&guid=IaPnUpVcRXA9dyh


Added 30% to an overweight

position after the filing

on Thursday...


Highly Speculative...


So we watch...LJ



Gee Beav, rithmatic isn't usually this hard to read!

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