Exxe Group Inc (AXXA)

[4gh1rx]

AXXA past 'catalysts'

$AxXa
You missed the irony in that all the 8 'catalysts' mentioned below were proposed by the company but truly unlikely to ever happen, because AXXA has a history now, a tradition of not following through on anything, and as such those unfullfilled catalysts then become become negatives. The 7th (doubling the authorized shares wasn't actually promised but hidden, surreptitiously implemented) isn't a catalyst at all, but like all the others is a negative. A sharp contrast with the celebrated 'buyback' bandied about for so many months. Another gesture from a public company that seems almost contemptful, even hostile to shareholders, the very shareholders who have financed their disastrous operations, operations that produced a share price decline of -93% over 5 years. [While the S&P500 was UP by a similar amount in the same 5 year period.]
AXXA continues digging a deeper hole. The 'catalysts' don't do much now, if anything, they become something the company hopes we forget, but were concocted at the time as another bauble, a shiny object to dangle in front of shareholders; a promise that most still hold out hope will be realized but that management now treats as as some pesky irritant, an annoyance when anyone brings it up, explaining that 'growth' is now their primary focus. Growth? Really? Isn't that everyone's focus? Another empty pledge. Enhancing shareholder equity? More like a contraction.

I'm not providing a 'link' here (about company catalysts) because you generally don't need a link to prove something DIDN'T happen. Only if something did happen, which isn't the case here.