Replies to post #138240 on Exxe Group Inc (AXXA)

[4gh1rx]

re: Why dilute?


$AXXA

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Why dilute if you’re making cash profits?
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According to Barron's and MarketWatch, AXXA total capitalization is just $478.13K. That is not enough to pay the officer salaries of their 5 member staff.
Therefore they must keep dilution tap open just to keep the lights on. Prospects are dim here for AXXA to simply maintain its current value.

Forget the $50 million in revenues (if planet earth is still your home). That's as meaningless as the audit. These guys couldn't audit an empty toilet paper roll.

[skyrocketinsight]

Because their spending is non-stop and on the backs of shareholders. What they tell us not sure I believe. There is a lot of contradiction in what they say verses what they do.

[LOB]

I Agree. Buy out those c shares and prevent any further dilution.