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mdimport

05/12/14 3:08 PM

#24792 RE: MattyTrader #24790

Break even in 2Q2014 is good enough for me :)

I can't say whether it happened the in 1Q2014, or not, but the viewer trends are putting AXCG on the growth track.
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skyking4130

05/12/14 3:11 PM

#24794 RE: MattyTrader #24790

Yes and their income predictions didn't come to fruition. Which happens - I don't really care that it happened, I just think realistic conversation and expectations are beneficial to all involved. Your quote is from september 2013, this is from the 10-K issued last month. Obviously the game changed from what Chris expected.

"The Company believes that it will require capital in the form of equity or borrowed money of approximately $600,000 during the next 12 months."

"During the next 24- to 48-month period, depending on our financial resources, we are planning to expand our sales and marketing staff to enter more cities in the US and, potentially, select foreign markets. We intend to add sales and marketing staff as required. No assurance can be given that the Company will be able to meet this goal, because the Company will require substantial capital in order to develop its business. See “Liquidity and Capital Resources.”

"While we initially believed that the services provided to us by iCare would enable us to expand more quickly than we could using our internal resources alone, the support services provided by Sysco were less than expected or promised. We are in the process of evaluating this relationship and to determine if it is in the best interests of the Company to continue under the agreement."

There's the FACTUAL, most current information on where we currently stand. If we could re-direct the talking from dreaming to something based off reality, that'd be great.