Axios Mobile Assets Corp V.AXA

Primary Symbol: AXBSF

Technology Communication Equipment

Axios Mobile Assets Corp is a Canada based logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market. The company's bundled offering aims to provide lower total cost, lighter weight, sanitary pallets, and real-time data. Its segments are Pallet Rental which accounts for the majority revenues and Freight Services.

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Axios Mobile Assets Corp > If you think you're bottom feeding...

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Comment by VPofFNEon Feb 15, 2017 10:31am

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Post# 25848579

RE:RE:If you think you're bottom feeding...

Unfortunately mitochondria, this company is done, at least for the equity holders. Once assets are liquidated, or a saviour financing to save the company comes through, the current shareholders will be obliterated. Secured debt is well in excess of the market value of the assets, take whatever you can get.

My opinion anyway.

VeeP

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