Exxe Group Inc (AXXA)

[4gh1rx]

re: Will 2024 be different?

$AXXA
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The good news:
Short interest = 0. Days to cover = 0
source: https://shortsqueeze.com/?symbol=axxa
The bad news: Upcoming reports.
Shareholders have come to dread AXXA's Q reports. There is nothing encouraging in them but much to fear. Typically they exhibit a worsening financial condition as those reports sadistically list hideous new toxic debt issuances. Observe how revenues increase arithmetically but toxic debt danger increases exponentially (under conversion formula). Not good. Since the company is unwilling to pay its obligations in an honorable way, shareholders know that they themselves will shoulder the burden of this spendthrift management and will be buried under further irresponsible dilution. That share dilution fear will trigger a further downward spiralling of the share price, a decline which remains intact. Meanwhile, the old debt reduction is cynically well concealed in Prfd 'C' shares at a staggering 500 common to 1 prfd 'C' share ratio which go unrestricted by year end. If you examine their last tweet, the writer curiously showers praise exclusively on the company's 'funders' (read: toxic note lenders) - not the shareholders, the ones who've absorbed the -87% price decline over 5 years. The CD holders will enjoy 600% effective interest rate gain on their loans when conversion rate factored in. Once these 'C' shares redeem, it will be like a vacuum bomb detonation, totally obliterating the shareholder equity.
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Hard to imagine being a shareholder on the receiving end of this ticker's quarterlies:

Burying shareholder equity
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$AXXA. ****. $AXXA. ****. $AXXA. ****. $AXXA. ****. $AXXA. ****