Replies to post #10596 on Exxe Group Inc (AXXA)

[fahrenheitjules]

I was going off of Paul's email. There are discrepancies from Paul's January 2014 email and the actual PR details released today. However these could likely be explained away as changes in the terms of the DIVY by FINRA prior to approval. His email came weeks before the approval announcement so I'm assuming things changed. But the PR does not mention any restrictions and implies that converting back to common stock is not restricted.

[thegaminginvestor]

And the email proves it. *BANG* Pumper down!!!!

A quote from the email Fahrenheit posted:

We are protecting our investors in the company and they will receive after Finra approval what they paid in Preferred shares.

What you PAID FOR in preferred shares. This is fancy English for "converting your commons to preferred"....

After they convert, they'll R/S and dilute it down to cover the debt. THAT is why this price hasn't taken off. I'm done for the day. Waiting for a pop tomorrow and getting far far away. Bilf it's been fun I'll see you on another stock!