Tuesday, September 27, 2022 8:26:33 AM
I actually had to go to the SEC's Form 8k in order to find the 4 day reporting requirement.
The questions then become, how to translate 4 days AND is the $ amount Material.
Clearly the amount is material. 6 months of revenue for a company that hasn't had steady revenues EVER in its past....hell yes. And although in accounting terms, the revenues are FUTURE earnings, certainly the increase in the "cash on hand" account will be huge.
But how is 4 days calculated? Is it 96 straight hours and AFTER those hours expire, the first thing the next morning? Does it matter at WHAT TIME the agreement became effective? Is the 4 days translated as BUSINESS days, or effected by Holidays? Then again, what happens if the company actually reports slightly longer tha 4 days, are there exceptions allowed and what are the penalties?
I tried LIBERALLY take all that into consideration, and this morning appeared to me to be very generous.
In the long run, I don't think it makes all that much difference right now. I don't think another PR is going to move the needle any. AXIM needs to get its name out there, and the conference and the results of the conference are truly its first time to accomplish this.
A PR this week would be exciting and informative to those who know about ACIM, but I think the conference is going to expose AXIM to a bunch of new potential investors.
Here's hoping AXIM hits the ground running this coming weekend.
The questions then become, how to translate 4 days AND is the $ amount Material.
Clearly the amount is material. 6 months of revenue for a company that hasn't had steady revenues EVER in its past....hell yes. And although in accounting terms, the revenues are FUTURE earnings, certainly the increase in the "cash on hand" account will be huge.
But how is 4 days calculated? Is it 96 straight hours and AFTER those hours expire, the first thing the next morning? Does it matter at WHAT TIME the agreement became effective? Is the 4 days translated as BUSINESS days, or effected by Holidays? Then again, what happens if the company actually reports slightly longer tha 4 days, are there exceptions allowed and what are the penalties?
I tried LIBERALLY take all that into consideration, and this morning appeared to me to be very generous.
In the long run, I don't think it makes all that much difference right now. I don't think another PR is going to move the needle any. AXIM needs to get its name out there, and the conference and the results of the conference are truly its first time to accomplish this.
A PR this week would be exciting and informative to those who know about ACIM, but I think the conference is going to expose AXIM to a bunch of new potential investors.
Here's hoping AXIM hits the ground running this coming weekend.
These opinions are my own and are not intended as investment advice. If you feel that my statements are "Pumping", Propaganda, or manipulative in any way, please refrain from trading and seek medical treatment immediately.
