.0001_Bottom Feeder

[profithigh]

AXCG: FRONT-LOAD (DD)

AXCG
OTC Pink Current Information

Revenue:
3 Months Ending 30 Sept 2014 = $138,818 with a $20,263 Gross Margin = $118,555 total compared to $16,579 and Gross Margin of $1,601 = 14,978 total the previous year
Net Loss = (-$603,034) compared to (-$316,974) the year prior


Authorized and Outstanding Share Structure:
Total A/S = 6,000,000,000
Total O/S = 3,154,189,761
Total Preferred Authorized = 15,000,000
Total Preferred O/S = 0
Total float = O/S – Preferred O/S = 3,154,189,761
Avg Volume (50 Day Period) = 78,112,502


Recent, Current, and Future Convertible Shares:

Carrying Value $699,427 as of 30 Sept 2014

-- "We can give no assurance that sufficient funding will be available on acceptable terms, or at all, and, if it is not, we may have to significantly reduce, or discontinue, our operations. To the extent that we raise additional funds by issuing equity securities or securities that are convertible into our debt securities, our stockholders may experience significant dilution"

-- "Of the $1,171,576 due to related parties, $185,227 was due May 1, 2012, and the Company is negotiating a settlement with the note holder; the remainder of the debt due to related parties, the majority of which has no specific repayment terms and is due on demand. The Company entered into an agreement in July 2014 with Chris Carey Advisors, LLC, an entity controlled by its CEO, Chris Carey, whereby $894,923 of debt was discounted to $744,923 in exchange for a convertible promissory note that provides for an interest rate and set share price on conversion (refer to form 8-k filed in conjunction with the agreement)."

Link: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10317181

Always do your own DD and NEVER trade on anyone elses comments or DD about the company you want to invest in.