InvestorsHub Logo
Followers 13
Posts 831
Boards Moderated 0
Alias Born 07/03/2015

Re: Penny_Layne post# 137834

Thursday, 04/18/2024 3:17:16 PM

Thursday, April 18, 2024 3:17:16 PM

Post# of 137958
re: AXXA buyout

Proposed $AXXA buyout

$AXXA
_____________________

Buyout offer at $0.0044/share (a premium of >300% over current price + control block) in cash and new stock; assumption of debt at a substantial discount to face (or face repudiation of such), officers to surrender all insider Rule 144 stock for cancellation and tender their resignations -- those factors in 1 package would be an offer hard to beat.

Markets will go wild, whether tender is accepted or not. The company would be caught flat-footed -- only way for axxa to reasonably refuse the offer would be to come up with something richer, which management has demonstrated for 8 years that they cannot do. AXXA management wants to milk the ticker by selling new A/S shares into the float, not buy them back. Buying back shares goes against everything AXXA believes in. It defeats the purpose of their company. It is the antithesis of their business ethos. And it would would trigger an OTC feeding frenzy of buying once investors understand what they're seeing, forcing management to scramble a response. If someone wants to buy it at $0.0044, then ergo, it must be worth a lot more. The Greater Fool Theory would go into full swing. Once the offer is made, the buying entity can vanish for good -- just like AXXA's past promises to shareholders.

Why would this cause a sensation? Because no one, NO ONE buys a pink sheet stock (unless it's a shell). A clean shell has future value, especially if a company with assets were move in. Axxa doesn't have future value, or a current value because of the baggage of toxic debt, insider preferred stock, the broken promises, the phantom 'assets' and an ugly overhang of restricted shares front loaded at 500-1 ratio of common to preferred that makes this ticker unattractive. AXXA is the very definition of a dirty shell. That would take months to clean up on a filing.
Anything similar to the above offer (at a higher or lower price) would cause a volcanic market frenzy.

Here's the beauty of it -- it doesn't require follow through. Just a half page press release for $199 in marketwire or globenewswire and you're off to the races. Be sure to frontload a few hundred milly ahead of time.
______________________


$AXXA
_____________________