The market value is based on the patents alone. Just about everyone else releases PRs saying "we filed a provisional patent...", meanwhile, AXIM continues to be granted patents:
https://globenewswire.com/news-release/2017/10/05/1141427/0/en/New-U-S-Patent-Allowance-Granted-to-AXIM-Biotechnologies-Inc-for-Cannabinoid-Ophthalmic-Solutions-for-Glaucoma-and-Conjunctivitis-Treatment.html
This is the reason the stock took off:
http://www.ipwatchdog.com/2017/01/08/axim-biotech-patent-chewing-gum-cannabinoids-treat-neurodegenerative-diseases/id=76159/
And the Company has been featured in Forbes twice.
Pure Speculation: Say that cannabis is legalized in the US in 2020. Altria moves into the space in a big way, gobbling up Canopy and Aurora using pocket change from the couch. How much does Altria pay AXIM for its patents for CBD gum?
Know What You Own. My posts should not be construed as investment advice.
Recent AXIM News
- Form 8-K - Current report • Edgar (US Regulatory) • 12/28/2023 04:59:09 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:29:50 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 09/21/2023 03:07:21 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 08/31/2023 08:10:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 05:35:50 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 08:11:37 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM