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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.
I guess their accounting methods are unique...
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....
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....
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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