Stock Fox: I know nothing about AXLX other than reading the sentiments on the I-Hub board.
Has the company filed timely Financials over the last few years?
If so, are the Financials supported by third party verifications?
There are no excuses for not filing basic, unaudited Financials to OTC Markets, so check their history. If there are no Financials you should treat that as a big red flag.
Does the company have any convertible debt, meaning debt that is converted into common shares? Convertible debt through PIPE funders or Accredited Investors is likely discounted and those lending vehicles are extremely dilutive. Very big red flag.
Check the volume history and PPS (price per share) reactions to news releases. If the volume and / or PPS were dramatically higher after any news release the company is likely diluting into the news.
Is there third party verification to any news release and / or Financials? If yes....that's good. If no, typically that is bad, sometimes very bad. Companies MAY embellish their purported accomplishments, and some companies may release deliberately misleading, even fraudulent news....so look for incontrovertible PROOF of everything the company says. If there is no incontrovertible proof be extremely skeptical.
Are there paid promoters for AXLX?
Has AXLX ever done any type of share split, forward or reverse?
Has the company changed tickers or corporate name changes?
These are the types of red flags you should look for. If there are no red flags then you must still be careful for all potential red flags that no-one yet knows about.
I'll take a look when I get the time, but other members of this thread can offer superlative info on AXLX if they post on the stock.
