AXCG Discussion Topics 08/18/2014 19:28:25 $AXCG
That is because he is a smart business man that taught classes at Columbia. He has a lot of his own skin in the game. He realizes that if he doesn't take the money from dilution for himself right now, and actually invests it back in the company, he will make a lot more down the line.
Hopefully Q3 and Q4 we can start to reduce the net loss with revenue coming in from Nash and Cameron, in addition to other venues. Also, internet usage and ad fill rates should pick up as well. Chris warned us a couple of PRs ago that revenue wasn't going to be super good. I still think $150k is not bad considering the summer is very slow.
What we need to happen is start reducing or keeping the overhead expense the same rather than increasing at a higher rate than revenues. Hopefully Q3 and Q4 we really start to ramp up the revenues again. We should receive some more PRs very soon regarding the official start of the Cameron and Nash subscription. I think the anticipation of more PRs will start to move the price up again. Call me crazy but I still think .01 is very obtainable by Christmas time. Gander is moving a lot quicker than I thought with bringing more content.
I'm guessing that when the price dropped down to .006 - .007 range in mid July is when there was some heavy dilution in preparation of them coming aboard and the deal was pretty much complete at that time.
That is the odd thing about dilution on this stock. It goes back to the company and NOT to the CEO and his lifestyle. How refreshing in a pinkie.
excellent post, and yes i added to my AXCG stash today..
I see your point. A valid one.
My take on things is that less toxicity now and more principal is paid off with each conversion
Sure, it's not good. But the money is well spent.
Chris diluted to secure cash for AWS cloud expenses since it is pay as you go.
No telling what the real demand will be.
I sent you a PM on this and why this is NOT the only new tranch in play.
I hope you're right it needs volume, volume = dilution
Tomorrow this will see some serious heat. Or Thursday.
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
That is because he is a smart business man that taught classes at Columbia. He has a lot of his own skin in the game. He realizes that if he doesn't take the money from dilution for himself right now, and actually invests it back in the company, he will make a lot more down the line.
Hopefully Q3 and Q4 we can start to reduce the net loss with revenue coming in from Nash and Cameron, in addition to other venues. Also, internet usage and ad fill rates should pick up as well. Chris warned us a couple of PRs ago that revenue wasn't going to be super good. I still think $150k is not bad considering the summer is very slow.
What we need to happen is start reducing or keeping the overhead expense the same rather than increasing at a higher rate than revenues. Hopefully Q3 and Q4 we really start to ramp up the revenues again. We should receive some more PRs very soon regarding the official start of the Cameron and Nash subscription. I think the anticipation of more PRs will start to move the price up again. Call me crazy but I still think .01 is very obtainable by Christmas time. Gander is moving a lot quicker than I thought with bringing more content.
I'm guessing that when the price dropped down to .006 - .007 range in mid July is when there was some heavy dilution in preparation of them coming aboard and the deal was pretty much complete at that time.
That is the odd thing about dilution on this stock. It goes back to the company and NOT to the CEO and his lifestyle. How refreshing in a pinkie.
excellent post, and yes i added to my AXCG stash today..
I see your point. A valid one.
My take on things is that less toxicity now and more principal is paid off with each conversion
Sure, it's not good. But the money is well spent.
Chris diluted to secure cash for AWS cloud expenses since it is pay as you go.
No telling what the real demand will be.
I sent you a PM on this and why this is NOT the only new tranch in play.
I hope you're right it needs volume, volume = dilution
Tomorrow this will see some serious heat. Or Thursday.
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
