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According to their press releases, they are selling to a rail company in Europe, Australia, and have also sold to a rail line in Florida. It looks as though several purchases have been shipped to a rail line in Russia, although I can't say if U.S. sanctions will be affecting their business or not.
Any idea who is actually using their railroad ties? Do they have contracts with any of the big railways?
Just saw one of their ads and liked the "green" concept of possibly replacing many miles of rail ties. I could be wrong but I don't think the rail system of transportation is dead, especially when I look at the number of containers being moved by rail versus over the road.
Why did you buy this stock in the first place?
I guess that I am willing to see if the very little bit of investment in this goes anywhere. I have not been convinced that this company does not exist as you have stated, although they do seem to be having financial problems. Their reports do state the are generating revenue and if they can follow through on some changes in the way they do business. Who knows?
If not, then how in the world can you have anything good to say about this stock?
I'm not sure what you are disappointed over, but the answer is no I am not any kind of a "hypester"
Are you a hypester? I'm so disappointed.
ROTFL!!! Shocker.
Anyone here wanna step forward and admit they're paid to promote this garbage?
You would think they'd have more sense than to use posters who signed up long ago, but rarely post and all their posts are pushing penny stocks to several boards.
I guess Ihub doesn't mind all the extra posters. Looks good for their numbers, but then they swear they don't allow multiple aliases.
All so transparent.
Club penny got me too. I normally Delet, but this one I actually came in to look.
Low float high market cap. Looks to be where it should be.
I don't see any meat on the bone to get in.
Promos mean dilution. Dilution means converted debt and debt wraps. My only question, what did they do with the funds?
Any shareholder can pay for a promo. It can be out of the Company's hand sometimes.
They make rail road ties and some mat for construction?
Yeah that market Cap is up there.
Makes $3mm, $23mm in operating losses!
And OMG look at that volume. Dollar volume of $500k in one day, for what?
Looks front loaded.
I'm going back to my juice and MJ long shots.
Thanks Ckub Penny. Made me look. LOL
Yup. Check out the paid promotions:
Promoted Date Symbol Promoter Name Compensation
12/3/2014 AXIH Club Penny Stocks $5,000.00
12/2/2014 AXIH Stocks Impossible $30,000.00
12/2/2014 AXIH Penny Stock Locks $30,000.00
12/2/2014 AXIH Club Penny Stocks $5,000.00
- See more at: http://stockpromoters.com/news-letters.aspx?symbol=AXIH#sthash.Cc9dI0SJ.dpuf
They have to raise money somehow though because their revenues certainly do not cover their massive operating costs.
MRA Research Initiates Coverage of Axion International Holdings: Innovative Polymer Technology Drives Revenue, Already Up 82% over Prior Fiscal Year Issued by Small Cap IRPR Newswire(Wed 7:00AM EST)
Wow... how do they keep the doors open.
The negative gross margin for the nine months ended September 30, 2014 of $4.5 million compares to a negative gross margin of $7,474 for the nine months ended September 30, 2013. The Company continued to operate at a negative gross margin due to the nature of both its reprocessed plastics segment and its engineered products segment which require higher volume of production than the Company has been able to achieve to date.
Total operating expenses were $23.2 million and $3.6 million for the nine months ended September 30, 2014 and 2013, respectively. The increase was a result of higher general and administrative expenses during the quarter.
Lol well others have had the patience and that's why they're here
Geez. I don't have the patience to do this again. Reading through the filing, this looks like every other penny stock company that has traded cash for major dilution of the stock value. Followed by two or more posters coming on board to show a temporary rise in share price.
Been there. Done that. Too many times.
Have at it if you want to give away money.
awesome....
Critical Accounting Policies
Management’s Discussion and Analysis of Financial Condition and Results of Operations are based upon our financial statements, which have been prepared in accordance with generally accepted accounting principles (or GAAP) in the U.S. The preparation of financial statements in conformity with GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported in our consolidated financial statements and accompanying notes. Our critical accounting policies are those that affect our financial statements materially and involve difficult, subjective or complex judgments by management.
An accounting policy is deemed to be critical if it requires an accounting estimate to be made based on assumptions about matters that are highly uncertain at the time the estimate is made, and if different estimates that reasonably could have been used or changes in the accounting estimate that are reasonably likely to occur could materially change the financial statements.
Use of Estimates.
The preparation of the our financial statements in conformity with generally accepted accounting principles in the United States of America, requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities including fair values of acquired tangible and intangible assets in a business combination, valuation allowances for receivables and deferred income tax assets, derivative liabilities, stock-based compensation as well as the reported amounts of expenses during the reporting period. The statements are evaluated on an ongoing basis and estimates are based on historical experience, current conditions and various other assumptions believed to be reasonable under the circumstances. Actual results can differ from those estimates, and it is possible that the differences could be material.
I guess their accounting methods are unique...
During the three months ended September 30, 2014, we issued and sold $1.0 million of additional convertible promissory notes, which gives the holders the right to convert the outstanding debt into shares of our common stock. We recorded the fair value of the conversion options on the dates of issuance as a derivative liability and recognized that amount as a discount of our 12% convertible promissory notes. We account for this derivative liability pursuant to ASC 815, and accordingly, we recognized a gain of $46,000 for the three and nine months ended September 30, 2014 as a change in fair value of this derivative liability which was recognized in our statements of operations. The fair value of this derivative liability at September 30, 2014 was estimated to be $111,000.
and this....
At September 30, 2014, we had working capital of approximately$155,900, cumulative face value of redeemable preferred stock and various debt instruments of $37.3 million, a stockholders’ deficit of $21.3 million and have accumulated losses to date of $73.4 million. This raises substantial doubt about our ability to continue as a going concern. In view of these matters, realization of certain of the assets in the accompanying balance sheet is dependent upon our ability to meet our financing requirements, raise additional capital, and the success of our business plan and future operations. Our current operating plans are to enhance and expand our manufacturing capacity when necessary to meet our customer commitments, continue to expand our marketing and sales capabilities to increase our pipeline of sales orders, and continue to develop innovative solutions for our customers. Although we have raised additional funds through the issuance of our various convertible promissory notes and other debt instruments and continue exploring other financing sources, there can be no assurance that we will achieve our financing needs at all or upon terms acceptable to us. Further, if we issue additional equity or debt securities, stockholders may experience additional dilution or the new equity securities may have rights, preferences or privileges senior to those of existing holders of our common stock.
Or this....
Our independent registered public accountants issued an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern on our financial statements for the years ended December 31, 2013 and 2012, based on the significant operating losses and a lack of external financing. Our financial statements do not include any adjustments that resulted from the outcome of this uncertainty.
Oh! a letter to their shareholders! Well, that's never been done before with a penny stock. This changes everything!!!...
How about this for more important....
Based on our evaluation, our principal executive officer and principal financial officer concluded that, as a result of the material weakness described below, as of September 30, 2014, we did not maintain effective internal control over financial reporting, based on criteria issued by the Committee of Sponsoring Organizations of the Treadway Commission. The material weakness, which relates to internal control over financial reporting, that was identified is:
(i) We did not maintain sufficient personnel with an appropriate level of technical accounting knowledge, experience, and training in the application of GAAP commensurate with our complexity and our financial accounting and reporting requirements. We have limited experience in the areas of financial reporting regarding complex financial instruments. As a result, there is a reasonable possibility that material misstatements of the consolidated financial statements, including disclosures, will not be prevented or detected on a timely basis. For example, on May 10, 2012, we became aware that we had failed to recognize a warrant derivative liability with respect to our 10% Convertible Preferred Stock and the subsequent measurement of fair value of the warrant derivative liability, as required by Accounting Standards Codification 815-40. As a result, we determined that our consolidated financial statements for the year ended December 31, 2011 filed in the Annual Report on Form 10-K and our consolidated financial statements as of and for the three month period ended September 30, 2011 filed in the quarterly report on Form 10-Q (collectively, the “Reports”) should not be relied upon and needed to be restated; and on August 15, 2012, we became aware that we had failed (i) to initially record and subsequently fair value our derivative liabilities for our bonus warrants and (ii) to properly account for the loss on extinguishment of the debentures upon amendment. As a result, we determined that our consolidated financial statements for the interim periods ended March 31, 2011, June 30, 2011, September 30, 2011, for the year ended December 31, 2011, and for the interim period ended March 31, 2012 should not be relied upon and needed to be restated.
Gapper tomorrow?
Why you guys pushing this non company so hard?
Very nice dip to add on. Running back towards day highs into close.
Agreed. Ask is thin and it appears bids are steadily building. Look for potential additional news releases on this.
Yes, and I am hoping this will further translate into a nice finish for the current year and good start for 2015.
However I will be patient and settle for a "nice week".
Looks like we may have a nice week here in store for us.
Nice action here today due to the release of the letter to shareholders. I'm not ready to give up on this company yet. It seems they are positioning themselves well for some good things in the coming year. I'm not sure if this will change their plans for the r/s or not. I guess we'll just have to see if this latest news will propel the pps to a level acceptable for uplisting to a higher exchange.
You are correct, I see the 10k share buy and no sell so he must think it worth keeping, at least for now. Thanks for the info.
It's on the guru focus website, the info is about 2 mos old, but Can't see that he has sold position.
Do you have a link?
Fisher Investments is buying this stock.
If I owned this stock, I would want to be aware of all this....
The 8% Notes, including all outstanding principal and accrued and unpaid interest, are due and payable on the earlier of five years from date of issuance or upon the occurrence of an Event of Default (as defined in the 8% Notes). We may prepay the 8% Notes, in whole or in part, upon 60 calendar days prior written notice to the holders thereof. Interest accrues on the 8% Notes at a rate of 8.0% per annum, payable during the first three years that the 8% Notes are outstanding in shares of common stock, valued at the weighted average price of a share of common stock for the twenty consecutive trading days prior to the interest payment date, pursuant to the terms of the 8% Notes. During the fourth and fifth years that the 8% Notes are outstanding, interest that accrues under the 8% Notes shall be payable in cash.
The 8% Note Warrants are exercisable at an exercise price of $0.60 per share of common stock, subject to adjustment as provided for by the terms thereof, for a period commencing on the date of issuance and ending on the earlier to occur of the date that is (i) three years after the date upon which the weighted average price of a share of Common Stock for the 90 consecutive trading days prior to such date is at least $2.00 per share, and (ii) five years after the date on which the 8% Notes to which the applicable 8% Note Warrant is related has been repaid in full.
In connection with the entry into the Purchase Agreement, pursuant to the terms thereof, on August 24, 2012, we granted to the Note Purchase Agreement Investors: (i) certain demand and piggyback registration rights with respect to the registration of certain Company securities under the Securities Act and the rules and regulations promulgated thereunder, and (ii) a security interest and lien in all of our assets and rights to secure our obligations under the 8% Notes.
Revolving Credit and Letter of Credit Support Agreement. During the year ended December 31, 2013, we entered into a Revolving Credit and Letter of Credit Support Agreement (the “Revolving Loan Agreement”) pursuant to which Mr. Rose along with MLTM Lending LLC (the “Lenders”) have agreed to lend us up to $1.0 million each on a revolving basis. Each revolving loan made under the Revolving Loan Agreement bears interest at 12% per annum, of which 4% is payable by us in cash on the first business day of each month, and 8% is payable by us in shares of common stock on the first business day of each calendar quarter, valued at a price equal to the average of the Weighted Average Price (as such term is defined in the Revolving Loan Agreement) of a share of common stock for 20 consecutive trading days prior to the interest payment date. The maturity date of the Revolving Loan Agreement is December 31, 2015 (the “Maturity Date”). As of March 31, 2014, Mr. Rose had provided $1.0 million pursuant to the Revolving Loan Agreement.
Under the terms of the Revolving Loan Agreement, we may prepay the revolving loans at any time, in whole or in part, together with all accrued and unpaid interest, without premium or penalty. The Lenders may accelerate all amounts due under the Revolving Loan Agreement, together with accrued and unpaid interest, upon the occurrence of an Event of Default, as defined in the Revolving Loan Agreement.
As consideration for the revolving loans extended under the Revolving Loan Agreement, we agreed to issue to the Lenders an aggregate of 200,000 shares of common stock, of which Mr. Rose was to receive 100,000 at the signing of the Revolving Loan Agreement and prior to December 31, 2014 and December 31, 2015, for up to a total of 600,000 shares of Common Stock.
In connection with the entry into the Revolving Loan Agreement, pursuant to the terms thereof, we entered into a Security Agreement pursuant to which we granted a security interest and lien in all of our accounts receivable and inventory to secure the Lenders’ obligations under the Revolving Loan Agreement.
Through March 31, 2014, we issued to Mr. Rose approximately 4,100 shares of common stock as payment of interest and issued the 100,000 shares of common stock due at signing.
TM Investments, LP
TM Investments, LP beneficially owns in excess of 5% of our outstanding stock.
10% Convertible Redeemable Preferred Stock. During the year ended December 31, 2011, we sold to TM Investments, LP, 150,000 shares of our Preferred Stock for $1,500,000. The Preferred Stock may be converted into shares of our common stock at any time by TM Investments, LP at conversion price of $1.00 per share, as adjusted. TM Investments, LP is entitled to receive dividends at the rate of 10% per annum payable quarterly, at our option, in cash or in additional shares of common stock, and has the right to vote the Preferred Stock with our common stockholders on any matter. The Preferred Stock is redeemable for cash by TM Investments, LP any time after the three-year anniversary from the initial purchase. Since certain revenue targets for the twelve months ended December 31, 2011 were not achieved, in addition to the adjustment of the conversion price to $1.00, TM Investments, LP received a warrant to purchase 500,000 shares of our common stock which expires December 31, 2015, has an initial exercise price of $1.00 per share and provides for cashless exercise at any time the underlying shares of common stock have not been registered for resale under the Securities Act or are issuable without restriction pursuant to Rule 144 of the Securities Act. As of March 31, 2014, TM Investments, LP has received an aggregate of 692,537 shares of common stock as dividend payments on the Preferred Stock that it holds.
MLTM Lending, LLC and the ML Dynasty Trust
MLTM Lending, LLC and the ML Dynasty Trust beneficially own in excess of 5% of our outstanding stock. Pursuant to the Schedule 13D filings made by MLTM Lending, LLC and the ML Dynasty Trust, the ML Dynasty Trust shares with MLTM the power to vote or direct the vote of, and to dispose or direct the disposition of, greater than 5% of our outstanding stock. Thomas Bowersox, a member of our board of directors, is a trustee of the ML Dynasty Trust.
43
8% Convertible Promissory Notes. Pursuant to the MOU, we issued to MLTM Lending, LLC a Demand Note (the “MLTM Demand Note”) in the principal amount of $1,426,667. Interest accrued on the unpaid principal balance of the MLTM Demand Note at a rate of 8.0% per annum. Pursuant to the Purchase Agreement, as of March 31, 2014, we have issued and sold to MLTM Lending, LLC an aggregate principal amount of $4,888,444 of our 8% Notes and associated 8% Note Warrants to purchase, in the aggregate, 12,221,112 shares of common stock, subject to adjustment as provided on the terms of the 8% Note Warrants. In consideration for the issuance of the 8% Notes and the 8% Note Warrants, MLTM Lending, LLC converted the aggregate principal amount outstanding, together with all accrued and unpaid interest, under the MLTM Demand Note and paid us in cash for the balance. As of March 31, 2014, MLTM Lending, LLC has received an aggregate of 510,830 shares of common stock as interest payments under the 8% Notes that it holds.
The terms of the 8% Notes and the 8% Note Warrants are described above.
Revolving Credit and Letter of Credit Support Agreement. During the year ended December 31, 2013, we entered into a Revolving Credit and Letter of Credit Support Agreement (the “Revolving Loan Agreement”) pursuant to which MLTM Lending LLC and Mr. Rose (the “Lenders”) have agreed to lend us up to $1.0 million each on a revolving basis. In addition, the Revolving Loan Agreement provides that MLTM Lending, LLC will provide letter of credit support to us of up to $500,000 (the “LC Sublimit”). Each revolving loan made under the Revolving Loan Agreement bears interest at 12% per annum, of which 4% is payable by us in cash on the first business day of each month, and 8% is payable by us in shares of common stock on the first business day of each calendar quarter, valued at a price equal to the average of the Weighted Average Price (as such term is defined in the Revolving Loan Agreement) of a share of common stock for 20 consecutive trading days prior to the interest payment date. The maturity date of the Revolving Loan Agreement is December 31, 2015 (the “Maturity Date”).
Under the terms of the Revolving Loan Agreement, we may prepay the revolving loans at any time, in whole or in part, together with all accrued and unpaid interest, without premium or penalty. The Lenders may accelerate all amounts due under the Revolving Loan Agreement, together with accrued and unpaid interest, upon the occurrence of an Event of Default, as defined in the Revolving Loan Agreement.
As consideration for the revolving loans extended under the Revolving Loan Agreement, we agreed to issue to the Lenders an aggregate of 200,000 shares of common stock, of which MLTM Lending, LLC will receive 100,000, at signing of the Revolving Loan Agreement and also prior to December 31, 2014 and December 31, 2015 for up to a total of 600,000 shares of Common Stock. As consideration for MLTM Lending, LLC providing letter of credit support, we are required to pay a letter of credit commission fee on the date of the Revolving Loan Agreement, and on each one year anniversary of the date of the Revolving Loan Agreement prior to the Maturity Date, in the amount equal to (i) 2% of the LC Sublimit in cash and (ii) shares of common stock, with an aggregate value of 4% of the LC Sublimit, with each such share of common stock valued at a price equal to the average of the Weighted Average Price of a share of Common Stock for the 20 consecutive trading days prior to the date of payment.
In connection with the entry into the Revolving Loan Agreement, pursuant to the terms thereof, we entered into a Security Agreement pursuant to which we granted a security interest and lien in all of our accounts receivable and inventory to secure the Lenders’ obligations under the Revolving Loan Agreement.
Through March 31, 2014, we issued approximately 4,400 shares of common stock as payment of interest, issued the 100,000 shares of common stock due at signing and approximately 20,100 shares of common stock as the LC Sublimit commission fee.
Allen Kronstadt
Allen Kronstadt beneficially owns in excess of 5% of our outstanding stock, and was appointed to our board of directors on September 11, 2012 pursuant to the terms of the Purchase Agreement.
8% Convertible Promissory Notes. Pursuant to the MOU, we issued to Mr. Kronstadt a demand promissory note (the “Kronstadt Demand Note”) in the principal amount of $1,666,667. Interest accrued on the unpaid principal balance of the Kronstadt Demand Note at a rate of 8.0% per annum. Pursuant to the Purchase Agreement, as of March 31, 2014, we have issued and sold to Mr. Kronstadt an aggregate principal amount of $4,359,297 of our 8% Notes and 8% Note Warrants to purchase, in the aggregate, 10,898,243 shares of common stock, subject to adjustment as provided on the terms of the 8% Note Warrants. At the initial closing under the Purchase Agreement, in consideration for the issuance of the 8% Notes and the 8% Note Warrants at such closing, Mr. Kronstadt converted the aggregate principal amount outstanding, together with all accrued and unpaid interest, under the Kronstadt Demand Note and paid us in cash for the balance. As of March 31, 2014, Mr. Kronstadt has received an aggregate of 549,441 shares of common stock as interest payments under the 8% Notes that he holds.
The terms of the 8% Notes and the 8% Note Warrants are described above.
Southern Management Corporation
Southern Management Corporation beneficially owns in excess of 5% of our outstanding stock.
44
8% Convertible Note. Through March 31, 2014, we issued and sold to Southern Management Corporation an aggregate principal amount of $1,000,000 of our 8% convertible note which is initially convertible into shares of our common stock, at a conversion price equal to $0.74 per share of common stock, subject to adjustment as provided on the terms of the 8% convertible note, and associated warrants to purchase, in the aggregate, 900,901 shares of common stock, subject to adjustment as provided on the terms of the warrant.
The 8% convertible note, including all outstanding principal and accrued and unpaid interest, are due and payable on the earlier of November 25, 2018 or upon the occurrence of an Event of Default (as defined in the 8% convertible note). We may prepay the 8% convertible note, in whole or in part, upon 60 calendar days prior written notice to the holder thereof. Interest accrues on the 8% convertible note at a rate of 8.0% per annum, payable during the first three years that the 8% convertible note is outstanding in shares of common stock, valued at the weighted average price of a share of common stock for the twenty consecutive trading days prior to the interest payment date, pursuant to the terms of the 8% convertible note. During the first three years that the 8% convertible note is outstanding, interest that accrues under the 8% convertible note shall be payable in shares of common stock.
The related warrant is exercisable at an exercise price of $1.11 per share of common stock, subject to adjustment as provided for by the terms thereof, for a period commencing on the date of issuance and ending on the earlier to occur of the date that is (i) three years after the date upon which the weighted average price of a share of common stock for the 90 consecutive trading days prior to such date is at least $2.00 per share, and (ii) five years after the date on which the 8% convertible note to which the applicable warrant is related has been repaid in full.
We have substantial convertible debt outstanding which is due beginning in August 2017.
We have approximately $15.8 million in convertible debt outstanding with maturity dates beginning in August 2017. This debt obligation is secured by all of our assets. We may not have the capability to repay these obligations when they become due, and will either need to generate appropriate cash flows from operations, raise additional capital from other sources or negotiate with the debt holders to extend the maturity to allow us to commercialize our business plan and further generate the necessary capital for ultimate repayment. If we are unable to do this, we will be forced to curtail or cease operations.
We have substantial convertible preferred stock issued, containing a redemption feature by the holder any time after their three-year anniversary of the original purchase.
We have 10% convertible preferred stock with a face value of approximately $6.9 million outstanding. At the holder’s election, it may force the redemption of their 10% convertible preferred stock any time after the third anniversary of their original purchase. Currently, we do not have the resources to redeem these securities and we are prohibited from redeeming these securities under Colorado law. Then at such time as we no longer are such restricted, we will either need to generate appropriate cash flows from operations, raise additional capital from other sources or negotiate with the preferred stockholders to eliminate or postpone the redemptions.
We are dependent on our ability to raise capital from external funding sources. If we are unable to continue to obtain necessary capital from outside sources, we will be forced to reduce or curtail operations.
We have not generated any significant cash flow from operations and we will not be cash flow positive for at least the near future. We also have limited financial resources. As a result, we will need to obtain additional capital from outside sources to continue operations and commercialize our business plan. Our ability to execute our business plan depends upon our ability to obtain financing through:
· bank and other debt financing;
· equity financing;
· strategic relationships; and/or
EMPLOYEES
As of April 4, 2014, we had 120 full-time employees, including 101 employees in manufacturing and production, five in purchasing and other production-related administrative functions, six in sales and marketing and eight comprising our headquarters staff. We may continue to utilize temporary agency employees and consultants on an as-needed basis.
POP, I did some research for numbers of Axion employees and found a Morningstar document that puts the number at 120. I cannot say how many are at which location (Ohio and Texas)though.
Axion Corporate Information
fung derf, I cannot say that I actually saw any "Pumpers" on this board, to the best of my memory. I will do a look-back just for fun tho.
From the time I have been following this stock I have been pleased with what they have done. None of which seems to smell wrong to me.
I put my hands together and clap for the effort they put forth to stop the flow of plastic waste into our environment.
At this level of company growth and investor information one must look forward with risk in mind, but also with reward as a possible ending.
GLTA
Forgive the delayed response--Grandkids keep me busy!
All American Rd in Ohio is what the SEC filing shows, so I used that.
Not many businesses in the building and in fairness, the photo could have been taken on a non-workday.
I love their concept and so very much hope they succeed which helps us all.
Not a huge holder, but will hang in here with them for a while.
The reverse split is always a heart breaker to the investor, but if done correctly it can do exactly what they have said it would do.
All up to personal choice, so choose as you will
GLTA
Just out of curiosity, did you Google the New Jersey address or the Ohio address?
Good catch! Nothing about this company looks right in my opinion.
What happened to the pumpers who were here a while back? Guess they dumped and ran.
A Google of their address shows only 5 or 6 cars in the parking lot. Near-by buildings have full lots. Can only hope the photo was a weekend shot when workers were off.
Thanks POP. I have not been able to stay in touch so---yes I would say that is plenty reason enough to give it a haircut. Some companies do this with ideas of getting listed but more often than not they go down before trying to go up. AXIH does seem to have a promising business model so I am hoping this RS does not have too large a negative impact. Thanks again. I will be marking you. ATB2U
I would say that the vote to approve a reverse split of between 1/8 and 1/20 is more than enough reason to see sales.
I don' see any news to account for the big drop today unless some think the Russian situation wii rub off on AXIH. Any other ideas?
Another step forward for this little company.IMO
NEWS ARTICLE
Did no one else read the news release this morning? Another nearly half million dollar order from Australia. This company surely will show a good 2 and 3Q when the data is released. PPS doesn't seem to follow good news of sales.
WOW!!! Talk about timing!!
Just posted my dismay with the company and they come rolling like gang busters with an amazing plan for the future.
My apologies to the board/company/posters.
Really like this little company for all it is doing.
POP
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• Eco-friendly, Superior Structural Products • Exclusive Licensee of Patented Technology • Operates in Expanding Global Infrastructure Market • Multiple Applications in Multiple End-use Markets • Prominent, Growing Customer Base • Focused on Increasing Capacity • Strong, Experienced Management Team • TICKER SYMBOL (OTCBB): AXIH • RECENT SHARE PRICE: $0.625** • 52-WEEK RANGE: $2.00*- $0.625** • COMMON SHARES O/S: 25.20M • MARKET CAP (Basic): $17.64M • INSIDER OWNERSHIP: 5.9% • STATE OF INCORPORATION: Colorado • REVERSE MERGER: March 2008 AXION International, Inc. TRANSFER AGENT: Computershare 350 Indiana Street, Suite 750 Golden, CO 80401 303.262.0600 COUNSEL: Greenberg Traurig, LLP 1750 Tyson Boulevard, Suite 1200 McLean, VA 22102 703.749.1300 AUDITOR: BDO USA, LLP 401 Broadhollow Road Melville, NY 11747 631.501.9600 Sales and General Inquiries AXION International, Inc. 180 South Street, Suite 104, New Providence, NJ 07974 Ph: 908.542.0888 Email: info@axionintl.com Investor Inquiries AXION International, Inc. 180 South Street, Suite 104, New Providence, NJ 07974 Ph: 908.542.0888 Email: investor@axionintl.com Media Inquiries AXION International, Inc. 180 South Street, Suite 104, New Providence, NJ 07974 Ph: 908.542.0888 Email: media@axionintl.com http://www.axionintl.com/ |
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