Axis Energy Corp (AXGC)

[Win4me]

Everyone is waiting for news to come out.

because it DIDN"T come out as per speculation and the IR man Dean's spec, IMO some are bailing.

Its my understanding that Dean bought a lot of his shares over the years as they cleaned the shell up.

The insiders are sitting waiting for a huge score here, they won't be selling and, IMO, take a huge risk .. if they are.
The speculative concessions in Libya are so big, the consensus is they are part of a partnership and do you really think they would pi$$ a JV partner off,by selling insider shares before they even get to the deal???
Give your head a shake if you believe that.

Fletcher, who joined the board, has an immaculate past and has done some big deals, would not join a scam deal... made too much $$ in Indonesia to have his credibility ruined and I believe also wrote a cheque to Axis on a financing upon being named a director.

Any new BOD member has to be a fit both ways. Knowing how the feeling is towards guys coming on boards in other deals where they start paying themselves, spending $$ and writing options and basically fleecing the treasury... well that is not going to happen here.

Just hang tight boys , its a waiting game