mgmt / board will bleed every penny from this company
I described here many times they needed to sell the company before June 30th, they failed. Others described this outcome many times. This "fake" trading up to 5c was all done to price the debentures at 3.6c .... which is a complete farce and should not be allowed. You can read many many company reports, all have cut salaries and expenses far more than AXL ... they did a palty 15%, and bragged about what a big sacrifice it was!!! The bragged about the 12 year dream team all together!!! Hello .... this company is producing 2,000 boe/d !!!! What a great performance over 12 years. The CEO was paid 500K in the last report ..... there is no company in history that I know of that had anyone making that cash for doing so little. They talk about people investing ????? who would do that? They never invested in the themselves! Until the bank locks the door ... this game continues. Is should be illegal, it should be stopped .... the securities commission should shut this down!