Axiom Corp. / PaperNuts Corporation ( OTC Pink : AXMM )
Axiom Corp., operating through its majority owned subsidiary, PaperNuts Corporation, is a global focused developer and marketer of innovative and environmentally friendly packaging solutions. PaperNuts Corporation owns proprietary technology and intellectual property originally developed in Finland that provides an environmentally friendly alternative to traditional protective packaging options that are often very harmful to the environment. PaperNuts delivers a loose-fill packaging solution that competes directly with polystyrene foam plastic peanut fillers, bubble wrap, air pillows, crumpled paper, foam-in-place, and corn starch peanut products. ( OTC Markets )
Axiom Corp., incorporated on October 18, 2013, provides an alternative packaging solution to plastic and corn-based loose fill material. The Company offers its solution through its subsidiary, Papernuts Corporation (Papernuts Canada). Using recycled paper and its PaperNuts machine, PaperNuts interlocks with each other forming a protective matrix around packaged items. PaperNuts are made from recycled paper that was destined for landfill, and are both biodegradable and recyclable after use.
PaperNuts are available in various grades of paper and lengths depending on the application. PaperNuts can be shipped as a finished product ready for use or can be manufactured on site. The Company intends to supply compact PaperNuts Factories or machines, enabling the production of PaperNuts on site. The Company intends to customize its products such that each addresses individual industry requirements. Girotti Machine is the North American Manufacturer of the PaperNuts Paper Converter, which is the machine that turns ordinary recycled kraft paper into its finished product, PaperNuts. ( Reuters )
PaperNuts loose fill packaging solutions INTERLOCK forming a protective barrier that eliminates migration and damage.
Industry standards are changing to meet the need for environmentally friendly packaging material that does not pollute the environment or use food quality raw material. PaperNuts represents the first true replacement for environmentally irresponsible products such as polystyrene peanuts, corn based fillers, expanded foam and other plastic material that have been the industry standard for many years.
Manufactured using 100% recycled post-consumer paper, PaperNuts not only provide superior protection than competitive products but they represent a new way of protecting the environment while meeting stringent industry standards.
PaperNuts are more effective at shock absorption than plastic or corn-based fillers. Static-free, zero pollutants, reusable, bio-degradable and even compostable. ( Packaging Digest )
OTC Quote & Info -- https://www.otcmarkets.com/stock/AXMM/profile
Website -- http://www.papernuts.ca
Address & Phone ( from the website ) --
441 Eastchester Ave. East, St. Catharines, ON L2M 6S2, Canada
Toll Free: 1-877-823-1466
From the latest 8-K ( 6-16-2016 )
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 27, 2016, Axiom Corp. (the “Company”) received a letter of resignation from Andrew Hilton, Chief Financial Officer, and accepted his resignation as Chief Financial Officer, effective May 31, 2016. Mr. Hilton’s resignation was not a result of any disagreement with the Company on any matter relating to the Company’s operations, policies (including accounting or financial policies) or practices.
On May 31, 2016, the Company received a letter of resignation from Tyler Pearson, Chief Executive Officer and Director, and accepted his resignation as Chief Executive Officer and Director, effective June 4, 2016. Mr. Pearson’s resignation was not a result of any disagreement with the Company on any matter relating to the Company’s operations, policies (including accounting or financial policies) or practices.
Effective June 4, 2016, the Board of Directors of the Company appointed Jerry Moes as the Company's new Chief Executive Officer and Chief Financial Officer, effective immediately. Prior to such appointment, Mr. Moes had been serving as a member of the Board of Directors.
A brief description of the background experience of Mr. Moes was provided on Form 10-K filed with the Securities and Exchange Commission on March 29, 2016 and is repeated here as follows:
Jerry Moes, 55 – Director
A successful entrepreneur, Jerry established Rice Road Greenhouses and Garden Centre in 1983 and grew the business to annual sales of over $5 million with 95 employees. Rice Road Greenhouses and Garden Centre is primarily engaged in the sales of garden products. In 2011, he and his brother organized a subdivision development consisting of 100 homes, and as of January 2015 approximately 75% have been sold. He has a varied background, which includes agriculture, real estate development and a keen interest in environmentally clean technology, which led him to become involved with PaperNuts Canada as an investor.
On 8-16-2016, Jerry Moes filed an NT-10Q, Notification of Late Filing.
There hasn't really been anything concrete about this company since, except the website remaining current and upgraded.
Soo. This is an OTC Pink. Caveat Emptor.
Well. I finally got my wish. After following this company and reading this board for years, I made a few posts, and am now the board moderator. I have cleaned out the bogus information regarding other "Axiom's", there are several, and deleted the nonworking links and other worthless crap. What is left, I believe, is finally factual. I will be moderating the message board also. I am not a censor, but I do want to read relevant, interesting material, which I believe we all do. Therefore, I will delete any post that doesn't further the discussion or provide good information. If your post, wastes my time, I won't allow it to waste anyone elses. Nuf said. PhxBrad ( Current AXMM Share Holder )