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AXIA NETMEDIA J T.AXX

"Axia Netmedia Corp owns, operates and sells services over fibre optic communications networks. Its reportable segments are The Covage segment and The North American segment."


TSX:AXX - Post by User

Bullboard Posts
Comment by donmc70on Sep 10, 2004 10:04pm
315 Views
Post# 7907892

RE: Waiting for the results

RE: Waiting for the resultsAs expected, the red ink continues to flow. Q4 losses from continuing operations higher then any quarter of 2004. Ireland and Austrailia are dead and "Corporation does not expect substantial growth in its IM business segment in the near future" due to limited financial resources (translates into broke and cant raise financing) and prioritization of the Alberta Supernet which has increased its customer base from 271 to 307 since June 30 (obviously heading for the 4500 customers that were projected). After two and a half months they release these stunning results at 9:37 PM on a Friday night. Fantastic results by a management team that is obviously proud of their accomplishments.
Bullboard Posts