RE:WHERE Is The Pathways Alliance SUPPORT For AXE ?You have hit all the points and nail on the head. Now while i dont like how things have been going on i remain very grareful to the partners for putting up the initial funding which by the way they got nothing for but i also know it is a strategic chess move it allows for an emerging tech to be in play with a first type of shot to it. I will try to avoid repeating things as we know companies want to get things as cheap as they can. I will say why not thats smart business despite how we feel about the means. Oil and gas companies operate as they always do and big companies typically look to gobble up small ones for nothing especially in vulnerable positions. It all really comes down to who has controlling shares as well as a large extent how far management wants to go to remain independent.
Now it is actually clear that this company not only was graced by government funds but also took the ballsy move to take loans which i suspect really irritated the partners. The reason i say this is when there was the .68 raise it closed without needing the extension so what changed in terms of an offering fundamentally leaving aside the fact that the price is what less than one third that raise?
The insiders i am sure knowing all the logistics sold allowed the price to collapse so they can keep buying low in the market if they want to plus they control the price points unless as i said new blood or as what jefferey did we step up cleaning up shares although we dont have deep pockets and the only way to do so would have been to sell when we saw the price collapsing. It is up to us to manage our shares irrespective of all the games that will continue to be played not just here but everywhere.
The fact that the tech is working the company remaining steadfast confident in it managing the share structure and financing really well gives me not only huge hope but my ongoing bullish perspective on what we hold. I will continue to hold and keep adding through the rest of this year and look more to the following one as this remains a buildung one regardless of where the shares end up. Lets see this darn financing closed that will be great when that happens and the heat back on then onwards and hopefully meaningfully upwards. Like i said overall i am very pleased with the news release not surprised with the financial losses or cash position as we already knew there is 0 support beyond that which was initially there and thats ok this just will continue to show what this company is made of and despite my criticusm it is winning my respect hopefully they keep it by rebuffing any lowball offers lets see. By lowball i mean anything less than at least $20/share on divesting oil only not the whole ip which shouldnt go less than $50 in my opinion. I will reject under $40 oil only and under $70 full ip just saying but we have yet to see where things go.
glta