Tuesday, May 07, 2024 3:15:05 PM
$AXXA
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What truth? The market is telling the truth better than this company ever could. Anyone remember when AXXA was forced to remove
that $80,000,000 of 'goodwill' from the asset column of the balance sheet? Erasing that ridiculous figure was the only helpful gesture this ticker ever made on behalf on the shareholders ---
but only because they were forced to do it. Still makes me wince.
Bet they are going to remove even more phantom assets before long. These guys are like the bookkeepers at Enron -- booking debt as assets and losses as gross profits.
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