AXXA past 'catalysts'
$AxXa
You missed the irony in that all the 8 'catalysts' mentioned below that were proposed by the company are really unlikely to ever happen, because AXXA has a pronounced history now, a tradition of not following through on anything, and as such those unfullfilled catalysts then become become negatives. They refuse to discuss them anymore. 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. It conceals the toxic debt. 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 have nothing positive to show after 7 years for the hideous toxic borrowing, operations that produced a share price decline of -93.7% 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 those catalysts were always a falsehood, they were concocted at the time as another distraction, a glittering 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 contemptuously treats as as some pesky irritant, an annoyance whenever anyone brings it up, explaining that 'growth' is now their primary focus. Growth? Really? Isn't that everyone's focus? Another empty pledge. Enhancement of shareholder equity? More like a contraction.
I'm not providing a 'link' here (about results of above beneficial 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.
