Addax Petroleum (fka AXC)

[sneak-attack]

As per the SEC, any stock that is $5.00 or less are viewed as "Penny Stocks" these stock have less than $5 million in assets and have averaged $6 million in sales for 3 years running. These stocks trade on the OTCQX and can trade as low as .10

Stocks Trading below .10 to .01 trade on the OTCQB

The OTCQX and the OTCQB are both regulated by FINRA and the SEC.

Stocks Trading less than .01 to .0001 are not regulated by the SEC as they are viewed as Purely Speculative in nature with very little money and or Assets of Value.

However, should the stock's economic conditions change whereby the cash position, assets and stock price recover above the minimum standard of .01 for 90 days and make the OTCQB OR HIGHER then All Regulatory Standards will be in Play.

Just Food for Thought, so please conduct your own research and do not allow others to control the Narrative on your investment choices.

Have a Wonderful Day!!!

Sneak-Attack