Exxe Group Inc (AXXA)

[MikeKnowsRunners]

This will help clear things up. The shares were used to pay off old debt that was coming due, check the tweet. VERY responsible!

$AXXA Exciting news from #ExxeGroup as we approach the end of our fiscal year on March 31, 2024! 🚀 We're wrapping up on a high note with significantly improved metrics.
While a comprehensive update will be in our Fourth Quarter report (#4Q2024), here's a sneak peek at some recent bold moves by our management:

We've successfully entered into favorable friendly settlements and renegotiations with our early-stage backers and long-term debt holders/preferred shareholders, dating back to 2020 or earlier.
These settlements were focused on fulfilling obligations from earlier financing and acquisitions, forming the core of our industrial verticals like #digital #tech, #fintech, #AI, #realestate, and #automotive.
As a result, Exxe has enhanced its business posture and financial profile, ensuring our commitments to investors are fully met.
We've settled multimillion-dollar cases at significant premiums (300% or higher than the share price), improving our financial position.
With our obligations now aligned with our forward-looking vision, we're poised to take our revenues to the next level. We're actively working on new deals in crypto, fintech, real estate, and automotive sectors.
Stay tuned for more updates, and thank you to our investors and shareholders for your continued support! #AXXA #fintech #realestate #automotive #bitcoin  #crypto