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Let's also remember that the real money to be made on small stocks like this is when there has been a dearth of news for some time, and then something positive happens.
I think we need to hang in there TRIXXX. You have indicated you have a substantial investment, and we all get frustrated and impatient. I have not typically invested in pink sheets either, but I learned about AXIS 2 1/2 years ago at a venture capital forum and have followed it ever since, from the Lincoln Electric System analysis to the DFW International trial install and several other developments. Thank for mentioning that you have held the new ballast in your hand. The poster that continuously claims here and on Yahoo that it must not exist must be totally incapable of doing any DD on his own. It does exist, and although the UL has been a frustration I have not seen any indication whatsoever that it will be a problem. I will patiently wait, as I have always viewed this as a long term investment, rather than a short term trading opportunity.
I agree VICSTOCK. I too would like to see the old reasoned TRIXXX back. These wild swings are hard to understand.
Doobee: Have you posed this question to Kip or Jim?
We shall see what happens at the close today. I suspect that the late day drops on some recent days have been profit taking by day traders trying to play the swings in the price, etc. We need to clear the day traders out, and make this a play for long term investors.
You make an excellent point TRIXXX. The company and product have to become a significant player and an irritation to larger players before a buyout at a substantial price becomes a strong possibility. Everything hinges on the new T8 addressable ballast. I continue to believe there is very significant potential and upside there.
Thanks Southern. It just amazes me how some of these people post these wild false statements which make it clear that they know absolutely nothing about this company and its products. Of course, they are the ones that have admitted they have no financial stake or other substantive interest in Axis, which once agaion raises the question: Why do they hang around here bashing the company and its products?
These issues between the 2 camps on the board can only be resolved with time. Those of us who are long AXTG are there for a reason, and those who constantly put the company and stock down must have their reasons. I continue to follow the company closely and am very comfortable with my significant position. I could care less what the detractors say. I think we are on the verge of very positive long term developments for Axis.
Amen! Great finish to the week. I was too busy today to participate, but will look forward to a great week for PTSC next week. I still think this is a great short and long term play for some very significant gains.
Q: It would once again appear clear that you simply do not understand this company at all. I want management to prepare for the distribution of the new ballast, and be ready to go once the UL listng is finalized.
ditto Buyfear. The day for the bulls on AXTG will come.
I do not think you have to move to Linvcoln to be on the advisory board, and view his financial contacts as a huge plus also. And, I do not think the PR was referencing the Lincoln warehouse, but rather viewed as addressing the national distribution system. I think it is all geared toward the broad distribution of the new ballast once the UL listing is in place. Don't forget that there is already a network of distributors in place. I understand you are concerned over sales, but I think the sales will come with the UL listing for the new ballast, and that it will be sooner rather than later.
I don't think it fell asleep necessarily, but I do think some of the short term traders figured that it wasn't still going up and they cashed out.
I view this as a huge positive. Individuals of the stature and background of Mr. Hogue and Mr. Bethel would not have agree to go on the advisory board without conducting serious DD and research on Axis and its products and potential future growth. This also tells me that the company is very serious about gearing up for the rollout and distribution of the new ballast as soon as UL puts the listing in place. We all get impatient and frustrated TRIXXX, and gather that your frustration reached the breakpoint of late given your about face on things, but I still believe in this company and product, and will patiently watch for things to unfold over the coming weeks and months. None of us can be sure of anything, but I believe things are still on track for success here.
Let's hope so. There was bound to be some pullback, but we should resume upward climb as news develops and as effects of 336 patent recert. become more evident.
Today's entire announcement below. TRIXXX, why do you view this so negatively? I view it as new and fresh expertise and assistance with new product rollout and distribution.
Axis Technologies, Inc. Announces Appointment of Byron Hogue and William Bethell to Advisory Board
LINCOLN , NE--(Marketwire - 09/23/09) - Axis Technologies Group, Inc. (OTC:AXTG), a green technology designer, manufacturer and marketer of a proprietary line of energy saving and daylight harvesting electronic dimming ballasts for the commercial lighting industry, announced today the appointment of Mr. Byron Hogue and Mr. William Bethell to the company's Advisory Board.
Mr. Hogue will assist Axis Technologies in warehouse management and logistics. Mr. Hogue is most known for assisting Frederick Smith, CEO of Federal Express, in the early days of the well known package and letter delivery company. While at FedEx, Mr. Hogue served as Executive Assistant to the Chairman and held positions as Vice President of Sales, Governmental and Regulatory Affairs and Air Operations.
Mr. Hogue said, "I am excited about the opportunity to work with another emerging company that can have a profound impact on the world. Axis has a patented technology that can significantly reduce energy consumption and the global carbon footprint and I look forward to assisting the company in meeting its full potential."
Mr. Bethell will serve as Chief Strategy Officer, assisting Axis in establishing operational systems and procedures for product rollout. Most recently, Mr. Bethell assisted in the acquisition and spin-off of a $100MM non-core business unit from one of the country's largest financial institutions.
Mr. Bethell noted, "The Axis ballast technology's time has come in the marketplace both for political and economic reasons. I have no doubt that Axis Technologies' daylight harvesting ballast will play an important role in the end user's energy cost reduction strategies and assist good corporate citizens in developing 'green' philosophies."
Mr. Jim Erickson, President of Axis Technologies, added, "We are very fortunate as a company to obtain the services and expertise offered by Bill Bethell and Byron Hogue. They both share our vision of providing companies and government agencies with an easy way to substantially reduce their lighting bills. With the Federal stimulus funding finally beginning to reach the states, we look forward to utilizing Bill and Byron's experience and business contacts for building Axis Technologies into a significant player in the green technology sector."
To be included in the corporate e-mail database for company press releases and industry updates, please send an e-mail to ir@axistechnologyinc.com.
About Axis Technologies, Inc. (www.axistechnologyinc.com)
Axis Technologies Group, Inc., through its wholly owned subsidiary, Axis Technologies, Inc., designs, manufactures and markets a proprietary line of energy-saving and daylight harvesting electronic dimming ballasts for the commercial lighting industry. The patented Axis Dimming/Daylight Harvesting Ballast is a new technology that transforms the standard ballast into a dynamic energy saving system that can reduce lighting energy costs by up to 70%. The company's target market is small to large commercial users of fluorescent lighting including office buildings, wholesale and retail buildings, hospitals, schools, and government buildings.
The Axis Ballast utilizes an individual photo sensor to automatically adjust the amount of electrical current flowing to the light fixture and then dims or increases lighting in conjunction with the amount of available sunlight. The Axis Ballast avoids "over-lit" conditions that increase energy costs by harvesting and utilizing free daylight from windows or skylights. As the amount of available daylight fluctuates, the Axis Ballast automatically keeps lighting "tuned" to the desired level in a designated area. (www.axistechnologyinc.com/products.html) Underwriters Laboratory has approved Axis products for sale in both the United States and Canada. The Axis Dimming/Daylight Harvesting ballast is priced competitively and is the only daylight harvesting ballast system that can be marketed as a replacement for a standard ballast. Numerous utilities have included the Axis ballast in their rebate programs offered to their commercial and government customers. Axis Technologies recently introduced an addressable fluorescent lighting ballast which enables utilities to manage peak load demand through the remote controlled dimming of fluorescent lighting of corporate clients.
Safe Harbor
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
Contact:
Jim Erickson
President, Axis Technologies, Inc.
(866)458-9880
Investor and Media Relations for Axis Technologies
404-261-1196
This thing is consolidating, but has held support several times in this range. Can't be sure, but this stock should make a major move one way or the other soon, and I am betting it is up rather than down.
The volume has really dried up on the stock. We need some good follow-on news to the 336 patent recert. to energize the stock and resume the upward trend.
That is pretty typical for this type of case management or status conference.
I agree with you and moneymaker, and am a long term holder. You are correct in that the resistance appears to be at .42. it will be interesting to see where it goes when it breaks through that resistance.
Moneymaker08: I hope you are accurate, but note the pullback this morning. Hopefully just profit taking by the short termers. I believe we have great potential here long term. Tried to connect to your link, but it said the pg. is no longer there. I will go in through their actual site. Thanks for the info.
Agree with you buyfear. Apparently, one of the reasons the new blogger (worldmarketmedia.com) is on to Axis is that his history is to look for companies with no news of late, and then does research and starts covering the stock right when the company is due to have news. We all pretty much know who questioneer is, and he has admitted on yahoo that he does not own any stock. His post here indicate that he also apparently will not call the company or do any research or DD. If I am wrong, I invite Q to convince us that he has a meaningful stake here, other than running the company and stock down.
Thanks. I have WAVX too.
Ouch. I was not following it then. I first got in between .75 and .80 in mid-2006, and then did not get out when it popped up over $1 every time there was news. Also did not get out when it revisited .80 cent range more recently, but have a much lower cost basis now, and am about even.
Anyone heard from ronle, prinz18 or any of the frequent bashers today?
PTSC running! Key patent recertified following challenges and re-examination. Huge news!
PTSC is a screaming monster today on news of patent recert.
Clay: PTSC broke out earlier today on recent news of a critical patent being recertified by the USPTO. It has hit resistance around .23 on heavy volume. Could you please do a chart analysis of this and opine as to the next resistance level? Thanks.
Seems to have hit a wall of resistance around .23 Has anyone studied a technical chart to examine where the next resistance might be if we get through the current resistance around .23?
Agree. I have been patient with both, but have them at a pretty low cost basis now. PTSC around .40 and WAVX at 1.97.
wavxwizard: are you in WAVX too?
Must be. I did see that at one time the spread was .23 bid and .25 ask. I still show last trade at .22 at 10:26 a.m., but will keep checking.
Anyone have any idea why the trading stopped? According to TD Ameritrade real time quote platform there was 1,000 shares traded at 10:26 a.m. Eastern, and then no trades in the 20 minutes since then. Strange, given the over 2.1 million shares of volume in the first hour leading up to that.
I also wonder if there wasn't something in the existing licenses wih tregard to recertification, and whether that affects anything from a revenue standpoint. It has to mean that any new licenses will command a much higher royalty.
AMEN!!! Fabulous news. Who knows where we go from here. I remember when any positve news used to send the PPS of this stock up above $1, but that was then and this is now. This removes the cloud that brought it down when the MMP patent was the only asset and investors questioned whether it would stick. I am in for the long haul. Management now has a 1-2 punch working with the operating entities and the 336 firm in place.
Don't think so. In fact, I checked on this and the company, through IR, emphatically denies that it has paid this site or anyone for positive reports. They did confirm that: the worldmarketmedia blogger has been doing research on Axis; that he apparently has a pretty large following; that he looks for emerging micro-caps that are down due to not being in the news of late on the theory that those are companies are overdue for news; that he called the company to ask a number of questions and verify facts; and that it appears to be a long term active coverage situation. How can positive exposure for the company be bad? I think it is positive.
Interesting information from IR today regarding positive mention of Axis:
A shareholder has informed us of a financial blog that has an overview of Axis Technologies. The investment/market website, worldmarketmedia.com, has a large subscriber database.
The following is an excerpt:
"Is it really necessary to decide on pulling out all those fluorescent lighting fixtures in all those offices and corridors to see savings from new lighting solutions? Well, no....you can retrofit those fixtures by installing dimming lighting ballasts that automatically dim and brighten the lighting depending upon the natural daylight coming into the room from windows and skylights. And who is the developer and marketer of the most inexpensive and easy to install ballast out there? A small company called Axis Technologies (AXTG.PK) sells their proprietary ballasts through ESCO's and energy audit firms and starting to gain some traction in the marketplace."
Link for entire post:
http://www.worldmarketmedia.com/home.aspx
Regards,
Investor Relations for Axis Technologies
404-261-1196
Word on the patent recertification has obviously been heard in the markets, even if the company has not made any announcement. At least I have not seen one, but have been busy all day.
Agree. But, see the link in post 10507. The recertification may not technically be final until the expiration of the contest period, at which time it would then be published in the USPTO Gazette. Under that scenario the company may deem it best to stay quiet.