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Friday, April 05, 2024 11:23:26 AM
Hi,
I have already made 2 or 3 inquires online into this company AXXA as their is something that appears to be very fraudulent. I have made the complaints to the SEC but have not heard back anything. I complained anonymously.
This company purports to have hundreds of millions of dollars of assets, tens of millions of net revenue per year (40 mil plus) I believe last year and they fell from .18 cents to .0013.
The thing that really infuriates me here is the company announced and made a filing that THEY WOULD BE BUYING BACK SHARES OF THEIR STOCK and months after announcing that they raised the share structure by almost another billion shares which to me sounds very contradictory. I have also been told on IHUB that they (AXXA) continue to sell CDS.
As an added note: This company did a 3000 to 1 reverse stock split in 2014 and two years later did a 5000 to 1 reverse stock split. This should be looked into as this IMO could easily be fraud.
https://www.otcmarkets.com/stock/AXXA/profile
https://www.otcmarkets.com/stock/AXXA/security
https://www.otcmarkets.com/stock/AXXA/disclosure
https://www.otcmarkets.com/stock/AXXA/financials
Thanks You,
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