Exxe Group Inc (AXXA)

[4gh1rx]

Another 6-yr low - $0.0010 intraday

$AXXA
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The company has tried every known trick in its toolkit to rally shareholders that good times are near.
1. Reg/A filing
2. share buyback
3. Debt reduction (on ' friendly terms') that amounts to awarding toxic CDrs 500-1 common to 1 preferred 'c' shares, liquidated at a 300% premium to the agreed. $0.0012 trigger.
4. move insiders who have awarded themselves free common shares to a less visible restricted preferred
class of shares
5. redomicile
6. Clumsily hiding the doubling of A/S out in Wyoming hoping to avoid the glare of publicity (detected by some
savvy IHub sleuth). Then immediately maxxing that issuance with destructive toxic debt
7. spinoffs of worthless subsidiaries
8. baseball cards
7. offers of audits
8. Happy talk of 'unlocking' shareholder value
9. Acquisitions of 'disruptive' technologies

All have succeed in sinking the stock further. Nothing works and the eerie silence shows that the company knows it. The damage has been done. All the earnings in the world cannot refloat this ticker. All the cheery backslapping about growth and penetrating markets. Not even 15 straight quarters of superlative . Not performance, of $213MM proclaimed in assets. The only trick left in AXXA's grimy rucksack -- the most deadly one-- the one so feared most by shareholders that they are forbidden to mention it on stock boards as it causes everyone to shudder. They know it will tank the stock 90% in minutes while unleashing an avalanche of dilution. Of course, their own insider holdings will remain unscathed as it will include only the outstanding common shares, not preferred of Class A-C, which will allow management to cash out on the backs of shareholders. They know a reverse will do more harm in the first 10 minutes of trading than all the damage they have managed to inflict --and it's been considerable-- on shareholders over the past 7 years. But that won't be management's problem. That will be the common shareholder's problem and theirs alone.
It will send this stock straight to bottom for years to come.
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The lifeboats were gone a long time ago. After 6 years of empty, shoddy promises, the only thing AXXA can offer shareholders now is free swimming lessons.


It's as plain as day.
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