Post by
Predator2018 on Nov 01, 2018 4:11pm
Compare to AXQ Balance Sheet
From recent financials
AXQ Asstes (Mainly cash) = 867K
AXQ Liability = 23k
Shareholder Equity = 844k
Basically, AXQ has a very clean balance sheet (no debt) while Terra is a going concern with negative equity.
Apart from speculation based on the past marijuana hypes which is no going away as reality sets in, Why would anyone recommend this deal. in fact, AXQ is better off seeking other deals or focusing on owning dispensaries or the retail side which it can do on its own without destroying existing shareholders.
Comment by
Predator2018 on Nov 01, 2018 4:14pm
Apart from speculation based on the past marijuana hypes which is now going away as reality sets in, Why would anyone recommend this deal. in fact, AXQ is better off seeking other deals or focusing on owning dispensaries or the retail side which it can do on its own without destroying existing shareholders.
Comment by
Predator2018 on Nov 01, 2018 4:48pm
David is a clown who fed on shareholders for more than 10 years with nothing to show for it. He should never be a CEO of a public company.