Exxe Group Inc (AXXA)

[dubz25]

I don’t know - lots of things. And in the end I cannot answer this. But I share my thoughts below which isn’t worth much.

On the company side: they need to support their numbers in some way, restore faith and trust. Follow
through 100% on time all the time. When they say they’ll do a spinoff with estimated date 6/30. Perform spin-off by 6/30 and at the very least provide new update if target will be missed. I believe 2022 was not a good year from a management perspective. Their performance left much to be desired. I also think the acquisition of memorabilia was bad and I was myself suspicious of related party deal.

From the investor perspective and let’s be honest, investors determine the price. Cost of money is more expensive than years past so people are more risk averse today than they were last year and the year before. There are more shares to buy, and I think faith in management has been lost. Just look at this board. A lot fewer active posters. Less interest for sure and this shows up in the volume. The price does not do well on low volume.