AXCG Stock Updates 08/18/2014 18:27:22 $AXCG
Quote:
On July 24, 2014, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with CHRIS CAREY ADVISORS (“CCA”), which is controlled by the Company’ Chief Executive. CCA will forgive the original face amount of debt in the amount of $894,923 owed by the Company, in exchange for a Note which provides for interest at the rate of eight (8%) percent per annum and grants the CCA the right to convert $744,923 into unregistered common stock of the Company...The Note contains a provision limiting the number of shares of common stock into which the Note is convertible to 4.99% of the outstanding shares of the Company’s common stock.
This is the only new deal. But this can hardly be considered a bad thing for shareholders
when we get the revs from the subscription based channels, this will be in the 50 million dollar market cap range
Where is this new toxic deals you speak of?
I only see some items grow due To accrued interest - that's it
Oh yeah.... I did first thing this morning. That was the biggest disappointment I took away from them. I was hoping that had slowed down. It hasn't. Oh well... Revs moved forward, but should move much quicker in the next 3 months. Beat my expectations on Revs, disappointed on continued dilution.
I stand by my call on those tranches.
"a new laundry list of toxic deals,"
In conjunction with the subsequent events outlined in July 28 8K
What is the significance?
Btw I don't see any new list of toxic deals. Did you crack open Q1?
You should
B.E.T.- thx for the PM.... My thoughts exactly...we have no problems- just about 90 days to add before all $@&L breaks loose. It's going to be a great year for me, as, I purchased most of my position below .0008. I'm a little upset with myself for not posting an offer before I left for the doctor thus morning, but, maybe I'll have a few more chances in the coming days.
I'm going for the "long ball" here myself..... Adding where I can. Good luck to you, me, and all the peeps that have persevered and stood by the company. This reminds me of "working on the railroad ".
RSI is NOT reset... yet, but much better.
More news probably will come out this week, but more importantly will be the response to the two teens. If it is anything like we think, this will begin the drift back up.
nah the news regarding the live streaming for Nash and Cameron have pushed AXCG out of the trips for good. The investing on speculation will only continue to rise as management continues to update shareholders on the status of the new projects imho.
All I can say is Wow!
I see this is going no where.
Not wasting anymore of my time
AXCG$
because of the PPS in these ranges I agree it will need massive volume for AXCG to move up to the .003 trading range. It depends on who is holding shares and what their intent is.
If it drops to .0014 there are buyers there so it won't last long.
Ya I love the concept of this co.
I'm thinking of adding more, this is a great hold at these levels. Just hope we don't get bamboozled. Hate how dilution is unpredictable
The only time an RS works a true advantage to a company is when it puts the average PPS in the ballpark for upgrading to a higher exchange. For example: if you had an RS that put your share price at the minimum for NASDAQ. I think we are way to low at the current PPS to even IMAGINE an RS... It would be the "kiss of death" IMO.
Legs talk RS when we hit .40/.60
I was gone today and haven't caught up with the 300+ posts yet. I knew before I left this morning, I should have put in an order at .0015, just because of our history on "news". Could have caught a few million more....sigh.... Maybe tomorrow.
Thanks to those that grabbed them on the fall!!! We are establishing a new lower base for the next 90 day roller coaster ride.... My new strategy is to put in bids at all levels down to xxxx. Coverage strategy....
lol well played old sport (Gatsby Impression).
I hear ya and I agree. From what I've seen with AXCG dilution is just a part of the game. AXCG has been diluting and it has still gone up 100% from it's previous trading range....
I didn't see any dilution the past few trading days though....so maybe it has stopped short term.
I Think AXCG is just one of those stocks that the big picture trumps the technicals.
The concept itself is to big for the pps. Does that make any sense to you?
AXCG Looking good, Right on Cue.
Agreed now..no hard feelings
Of course, and so it comes down for us to make money down here, so I wanna watch for something like dilution and if it stops or continues in the future
For 99% of the pinks/OTC's they are fantastic. No company that is trading in pennies is going to have great financials. Even big board stocks have debt and convertible debt for that matter.
The percentage increases over a period time is what you need to look at for growth....Which is the major factor larger companies look at for mergers/acquisitions. AXCG is looking great....
Finish your wine ...and think about how you talk to people!
Quote:
On July 24, 2014, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with CHRIS CAREY ADVISORS (“CCA”), which is controlled by the Company’ Chief Executive. CCA will forgive the original face amount of debt in the amount of $894,923 owed by the Company, in exchange for a Note which provides for interest at the rate of eight (8%) percent per annum and grants the CCA the right to convert $744,923 into unregistered common stock of the Company...The Note contains a provision limiting the number of shares of common stock into which the Note is convertible to 4.99% of the outstanding shares of the Company’s common stock.
This is the only new deal. But this can hardly be considered a bad thing for shareholders
when we get the revs from the subscription based channels, this will be in the 50 million dollar market cap range
Where is this new toxic deals you speak of?
I only see some items grow due To accrued interest - that's it
Oh yeah.... I did first thing this morning. That was the biggest disappointment I took away from them. I was hoping that had slowed down. It hasn't. Oh well... Revs moved forward, but should move much quicker in the next 3 months. Beat my expectations on Revs, disappointed on continued dilution.
I stand by my call on those tranches.
"a new laundry list of toxic deals,"
In conjunction with the subsequent events outlined in July 28 8K
What is the significance?
Btw I don't see any new list of toxic deals. Did you crack open Q1?
You should
B.E.T.- thx for the PM.... My thoughts exactly...we have no problems- just about 90 days to add before all $@&L breaks loose. It's going to be a great year for me, as, I purchased most of my position below .0008. I'm a little upset with myself for not posting an offer before I left for the doctor thus morning, but, maybe I'll have a few more chances in the coming days.
I'm going for the "long ball" here myself..... Adding where I can. Good luck to you, me, and all the peeps that have persevered and stood by the company. This reminds me of "working on the railroad ".
RSI is NOT reset... yet, but much better.
More news probably will come out this week, but more importantly will be the response to the two teens. If it is anything like we think, this will begin the drift back up.
nah the news regarding the live streaming for Nash and Cameron have pushed AXCG out of the trips for good. The investing on speculation will only continue to rise as management continues to update shareholders on the status of the new projects imho.
All I can say is Wow!
I see this is going no where.
Not wasting anymore of my time
AXCG$
because of the PPS in these ranges I agree it will need massive volume for AXCG to move up to the .003 trading range. It depends on who is holding shares and what their intent is.
If it drops to .0014 there are buyers there so it won't last long.
Ya I love the concept of this co.
I'm thinking of adding more, this is a great hold at these levels. Just hope we don't get bamboozled. Hate how dilution is unpredictable
The only time an RS works a true advantage to a company is when it puts the average PPS in the ballpark for upgrading to a higher exchange. For example: if you had an RS that put your share price at the minimum for NASDAQ. I think we are way to low at the current PPS to even IMAGINE an RS... It would be the "kiss of death" IMO.
Legs talk RS when we hit .40/.60
I was gone today and haven't caught up with the 300+ posts yet. I knew before I left this morning, I should have put in an order at .0015, just because of our history on "news". Could have caught a few million more....sigh.... Maybe tomorrow.
Thanks to those that grabbed them on the fall!!! We are establishing a new lower base for the next 90 day roller coaster ride.... My new strategy is to put in bids at all levels down to xxxx. Coverage strategy....
lol well played old sport (Gatsby Impression).
I hear ya and I agree. From what I've seen with AXCG dilution is just a part of the game. AXCG has been diluting and it has still gone up 100% from it's previous trading range....
I didn't see any dilution the past few trading days though....so maybe it has stopped short term.
I Think AXCG is just one of those stocks that the big picture trumps the technicals.
The concept itself is to big for the pps. Does that make any sense to you?
AXCG Looking good, Right on Cue.
Agreed now..no hard feelings
Of course, and so it comes down for us to make money down here, so I wanna watch for something like dilution and if it stops or continues in the future
For 99% of the pinks/OTC's they are fantastic. No company that is trading in pennies is going to have great financials. Even big board stocks have debt and convertible debt for that matter.
The percentage increases over a period time is what you need to look at for growth....Which is the major factor larger companies look at for mergers/acquisitions. AXCG is looking great....
Finish your wine ...and think about how you talk to people!
