Axim Biotechnologies Inc (AXIM)

[TexasMarvL]

I'm not going to be a cheerleader, and I'm not going to make any predictions.

However, if someone had new money and wanted to open a new position in AXIM, this would be my recommendation.

Hold on to your money for awhile longer. Even if AXIM starts selling these Dry Eye Disease tests it will take some time for sales to ramp up. Additionally the share price will take some time to follow the earnings growth.

In other words, if AXIM really does become successful eventually with these Dry Eye Disease tests, it won't happen tomorrow or next week. It make take 2 or 3 quarters of sales results for investors to appreciate the business again.

Bottom line, AXIM has hired some very smart eye doctors/surgeons and successful business owners in the Dry Eye Disease segment. This is not a scam, but currently AXIM has no cashflow. Investors will have to wait awhile for AXIM cashflow to show up on the Quarterly Reports.