 |
 | |
 |  |
| We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level. |
ARXA International is strongly bouncing off of its recent 52-week low of .27 cents. Its been under constant selling pressure for the past year, until now. . . I've just discovered why the buying is beginning. It appears that ARXA is poised for very rapid expansion. . . in terms of assets and income assuredly, and in my opinion the stock price will act accordingly. By reading the current SEC filings, it is obvious that ARXA is currently no gem. . . obviously a company that's future iwould be in doubt, if current operations would remain the same. But I've learned quite a few things of late from Bruce Pollock, who is handling Mergers and Acquisitions for ARXA (if you aren't aware, he also does M&A for ETPI. . . that stock went from .30 to over a dollar recently). ARXA is currently putting the final touches on a wave of acquisitions which will catapult this tiny company to one with perhaps $60 million in assets before all is said and done. President Craig Ford has been closeted with his attorneys, putting some final touches on an agreement which will hopefully be announced as soon as Wednesday or Thursday of this week. . . The company will be acquiring a three well oil platform in the Gulf from Mitchum Industries. Appraised at $30 million when Mitchum abandoned it, ARXA conservatively appraises it at $10 million. . . but will be getting a hold of it for only 1 million in stock, and 1 million in "earn-out". .. i.e., cash will be paid as its earned from the oil platforms themselves. This acquisition alone should bring about $118,000 per month in revenues. . . and except for an initial $500,000 reworking cost, virtually all $118,000/month will go to the bottom line, as its directed out of the well through a pipeline. . . Two other major deals are in the works, for the acquisition of related oil platforms. . . ARXA appears to be at a turning point. . . management strongly believes that after the acquisitions are made, the stock price will rise enough to enable the comapny to gain a listing on the American Stock Exchange (AMEX). The company has a very tight float. . . 1.5 million of its 20 million outstanding. . . trading has nearly been exclusively on the buy side for the past several days, and the chart appears to be breaking out. Small buys have been causing upticks of late, and this trend appears to be accelerating. . . From the momentum that is currently building, I believe we will see MUCH higher prices in ARXA in a VERY short period of time. I grabbed some late Thursday, and am looking to accumulate more on Monday morning. Good luck and happy trading. Patrick. | ||||||||||||||
|
| Home | Hot | SubjectMarks | PeopleMarks | Keepers | Settings |
| Terms Of Use | Contact Us | Copyright/IP Policy | Privacy Policy | About Us | FAQ | Advertise on SI |
| © 2025 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News |