Exxe Group Inc (AXXA)

[4gh1rx]

Earnings increase expected?

$AXXA
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AXXA usually posts a 30% - 60% increase in revs regularly, so not much new expected in the filings. The real future of this venture is in
the liabilities, with issuances and debt concealed in Pref 'C' shares. It scares people that this suffocating debt cannot
be reduced, only hidden in shares at a 500-to-1 conversion rate which will strangle commons from advancing in price in any meaningful way. These guys can't simply walk into a savings and loan an apply for a 2-year loan like the rest of us -- even if sporting their $50 million in annual revenues -- because they cannot prove anything to anyone except those onerous debts they owe to loan sharks.

The will make S/P progress difficult if not impossible.

Once the company ventured down this road of signing promissory notes at $300% interest, there's no positive way of turning back in a practical way that won't devastate the shareholder equity further than they already have. Liquidating losing subsidiaries seems like a non-option here. Probably because
they're not worth anything. The company clearly seems happy with the way things are. Otherwise, they'd do something.

So we're stuck floating in this sewage that the company claims is a 'success.'
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AXXA's balance sheet

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