So mattress shipments were down 11% for the year, equal worst in 50 years apparently and yet Alexium sales dropped 50%. Yep that makes sense……. It must’ve had one of those one in 1000 year storms.
Debt rising, cash dwindling, in less than 2 years AJX will need to raise another $15m, $10m to pay debt and $5m working capital/ spending money.
Worthless company with the same old story, let’s see how it plays outI love a good drama.
Ann: Quarterly Activity Report and Appendix 4C, page-9
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