this is on the wire today. Only a repeat of old news, and obviously not helping. I am wondering if officers are selling. What a great purchase I made at $2.48! LOL
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
RealPennies: Alerts: Turning Pennies into Dollars (OTC:VXGN), (OTC:KEGS), (OTC:TIER), (OTC:OCTL), (OTC:AXTG), (OTCBB:DHBT).
Jan 09, 2007 (M2 PRESSWIRE via COMTEX) -- RealPennies.com ALERTS: reporting on dollar volume movers: VaxGen, Inc. (OTC VXGN), Key Energy Services, Inc. (OTC KEGS), Tier Technologies, Inc. (OTC TIER), Octillion Corp. (OTC OCTL), Axis Technologies Group, Inc. (OTC AXTG), and DHB Industries, Inc. (OTCBB DHBT).
To enroll your publicly-traded company in our exclusive public awareness programs, please email getfeatured@realpennies.com or call 1.800.940.6559 .
Axis Technologies Group, Inc. (OTC AXTG) Monday's market went down 2.23% to $2.19 per share, with a total of 195,862 shares traded.
The company announced that it has begun manufacturing the Axis Dimming/Daylight Harvesting (DDH) fluorescent ballasts in 347 volts for Distribution by Brite-Lite, Inc. to the Canadian market. The Canadian market requires additional voltage in comparison to the 120 volt ballasts used in the US Market. Axis announced on November 29, 2006 that the company signed a national distribution agreement with Brite-Lite, Inc., a wholesale lighting distributor headquartered in the Vancouver, British Columbia area. Under the terms of the agreement, Brite-Lite (www.brite-lite.com) will be the exclusive sales and distribution agent for Axis products in the Canadian market. "Axis Technologies is very pleased to be working with Brite-Lite to introduce our ballasts to the Canadian market, and the additional voltage is a commitment by Axis to support this market. Bright-Lite is also very enthusiastic about adding our unique ballasts to their product line", said Kip Hirschbach, CEO of Axis Technologies. "Axis anticipates that this distribution agreement will lead to over $5,000,000 in sales over the next year", he added.
Axis Technologies Group, Inc. conducts its business through a wholly owned subsidiary, Axis Technologies, Inc., a Delaware corporation headquartered in Lincoln, Nebraska. 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 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. In 2002, Underwriters Laboratory (UL) approved Axis products for sale in both the United States and Canada. The Axis Dimming/Daylight Harvesting (DDH) ballast is priced competitively and is the only daylight harvesting ballast system that can be marketed as a replacement for a standard ballast.
