Small Cap and AXEIt is obvious that the smalls cap are really affected and that Acceleware is not spared. It probably has a mixture of fear or margin call that forces investors to sell on the bid. For now, I am not stressed, I have already waited more than 10 years, so I am able to wait and other a few years .
• Acceleware is showing signs that the technology is working. With the advisory committee, Suncor, Cenovus and Company X, if the project was not viable, AXE would never have been able to fill the $0.27 private placement (I have been in the PP).
• The 2M subsidy with Aurora does not affect the price resulting from market conditions. I have shares in another small cap and the president said that if he announced an additional contract of 10M, that the stock would not budge. It is not surprising that the price of a share decreases for a company in R & D.
• In my area, I see television ads from Path alliance very regularly. Gas companies have no choice but to try this technology if it is proven to be statistically effective.
• Unlike some on this forum, I think Geoff is an excellent CEO. For now, AXE is in R&D and not in sales growth. When the company wins multiple contracts of 100 M+, AXE will afford to hire a CEO with more experience in sales growth. It should not be forgotten that Laura probably left her position since her salary had to be very high and difficult for the company’s working capital.
• AXE is not a company that Pump and we must trust the management team in place.
• AXE is in better shape now then 2 years ago with income potential from multiple sources
Sorry for the long post, but I think it’s good to show that some shareholder clings for the long term!