AXCG Recent activities 08/27/2014 10:22:38 $AXCG
Lol, that is funny, and now her parents know what Gander.tv is
Brilliant move by our CEO!
AXCG
Then, please feel free to leave the stock alone and don´t waste your time anymore
AXCG Stock Message Board http://investorshangout.com/Eyes-On-The-Go-Inc-AXCG-58787/
Lol - I think were getting lots of subscriptions
This is funny!
https://twitter.com/biggym69/status/504635708175155200
I'm not knocking you but I think your entry point is gone for good. You have to ask yourself IF for some reason it got to your stated entry would you buy? or would you then lower your entry again? In my opinion we are at a decent entry point now. With the possibility of explosion, based on what happens short term. Not to mention what CEO has in his pocket next. Like any business you concentrate on what you can achieve then move forward to the next goal. Usually that happens slow until you have the means to finance your plans. I'm optimistic he will succeed.
excellent point..AXCG
There's people on Gander waiting for the Nash show tonight, they are chatting it up on the chat roll lol
http://www.gander.tv/event/nash-grier-channel...-et-4pm-pt
Well keep looking...let us know tomorrow too.
Like I said yesterday, looking for an entry @ .0013. IMO that is going to be the ideal entry point.
I did read it. You can look at it any way you want. Would another company forgive the original face amount of debt for stock for providing services that CCA did? Was the note maturity set forward because he knew what was coming? He could for the time being resolve some debt for AXCG and monies owed for CCA. All the curriculum of the note seems to be within reason as well with the risk assumed by the debt holder
I agree super good point sprycel super positive imho Axcg
I find that encouraging as well...
Quote:
What I found amazing is the CEO buying all the debt of the company! He must think things are really going to heat up if he did that!
Right again...
According to the 10Q it was his OWN debt he obsorbed. It was not someone else's debt. Here it is right from the 10Q:
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, $0.000001 par value per share (“Common Stock”). The Note matures on April 24, 2015 (the “Maturity Date”), which may be extended a further nine months. The original face amount of the Note, together with accrued interest (to the extent not converted into common stock) will be due on the Maturity Date. The Note also provides for default interest at the rate of fifteen percent (15%) per annum for amounts not timely paid. CCA will have the right from time to time, and at any time during the term of the Note to convert all or any part of the outstanding and unpaid principal amount of this Note into fully paid and non- assessable shares of Common Stock. Subject to an aggregate limitation on conversion, the number of shares of Common Stock to be issued upon each conversion will be determined on the date of conversion generally with reference to the lower of a (i) fixed price per share of Common Stock, or (ii) the prevailing market price of the Common Stock, discounted by fifteen (15%) percent, as defined in the Agreement. 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.
I agree 100%
No, the dilution of the Toxic Finaniers!! It is all in the filing! The equity for debt conversion by the CEO was the debt OF THE CEO and he probably figured it was better to take the stock because at least he could get something for the debt instead of waiting to get paid! It is all in the 10Q for anyone to look at! FACTS are always good to look at and it came directly from the company!
You mean how ceo purchased $840,000 of company toxic debt?
I did. It didnt work. I will have to get the IT guy. That is never pleasant. lol
Oh look, we have another dilution troll.
Lol, that is funny, and now her parents know what Gander.tv is
Brilliant move by our CEO!
AXCG
Then, please feel free to leave the stock alone and don´t waste your time anymore
AXCG Stock Message Board http://investorshangout.com/Eyes-On-The-Go-Inc-AXCG-58787/
Lol - I think were getting lots of subscriptions
This is funny!
https://twitter.com/biggym69/status/504635708175155200
I'm not knocking you but I think your entry point is gone for good. You have to ask yourself IF for some reason it got to your stated entry would you buy? or would you then lower your entry again? In my opinion we are at a decent entry point now. With the possibility of explosion, based on what happens short term. Not to mention what CEO has in his pocket next. Like any business you concentrate on what you can achieve then move forward to the next goal. Usually that happens slow until you have the means to finance your plans. I'm optimistic he will succeed.
excellent point..AXCG
There's people on Gander waiting for the Nash show tonight, they are chatting it up on the chat roll lol
http://www.gander.tv/event/nash-grier-channel...-et-4pm-pt
Well keep looking...let us know tomorrow too.
Like I said yesterday, looking for an entry @ .0013. IMO that is going to be the ideal entry point.
I did read it. You can look at it any way you want. Would another company forgive the original face amount of debt for stock for providing services that CCA did? Was the note maturity set forward because he knew what was coming? He could for the time being resolve some debt for AXCG and monies owed for CCA. All the curriculum of the note seems to be within reason as well with the risk assumed by the debt holder
I agree super good point sprycel super positive imho Axcg
I find that encouraging as well...
Quote:
What I found amazing is the CEO buying all the debt of the company! He must think things are really going to heat up if he did that!
Right again...
According to the 10Q it was his OWN debt he obsorbed. It was not someone else's debt. Here it is right from the 10Q:
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, $0.000001 par value per share (“Common Stock”). The Note matures on April 24, 2015 (the “Maturity Date”), which may be extended a further nine months. The original face amount of the Note, together with accrued interest (to the extent not converted into common stock) will be due on the Maturity Date. The Note also provides for default interest at the rate of fifteen percent (15%) per annum for amounts not timely paid. CCA will have the right from time to time, and at any time during the term of the Note to convert all or any part of the outstanding and unpaid principal amount of this Note into fully paid and non- assessable shares of Common Stock. Subject to an aggregate limitation on conversion, the number of shares of Common Stock to be issued upon each conversion will be determined on the date of conversion generally with reference to the lower of a (i) fixed price per share of Common Stock, or (ii) the prevailing market price of the Common Stock, discounted by fifteen (15%) percent, as defined in the Agreement. 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.
I agree 100%
No, the dilution of the Toxic Finaniers!! It is all in the filing! The equity for debt conversion by the CEO was the debt OF THE CEO and he probably figured it was better to take the stock because at least he could get something for the debt instead of waiting to get paid! It is all in the 10Q for anyone to look at! FACTS are always good to look at and it came directly from the company!
You mean how ceo purchased $840,000 of company toxic debt?
I did. It didnt work. I will have to get the IT guy. That is never pleasant. lol
Oh look, we have another dilution troll.
