Exxe Group Inc (AXXA)

[hssbwwmp]

AXXA is calling this one a CSRP and they claim they are supposedly setting up a specific funded account to repurchase common shares. The January meeting is supposed to check the status of setting up the specific CSRP account. If the meeting has occurred or will occur early this coming week, then getting an update shortly thereafter on the status, and possibly the implementation timeline, is what we are waiting for.

As for 2019, that has come an gone (by 4-5 years) so it never materialized. Does that mean it was a lie or did AXXA just not get its' act together to implement an "imminent" buyback that time. Either way, this is why you are skeptical which is understandable. I am also skeptical about the more recent CSRP announcement. We shall see if they deliver this time around!