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Wednesday, February 14, 2024 1:45:45 PM
https://www.otcmarkets.com/filing/html?id=17267184&guid=AJd-kaQlROwfJth
I've posted previously that I expected that some sort of settlement would be released regarding the DED test technology that would include AXIM shares. It seemed obvious at the time that the tests were procured too cheaply by AXIM based on the substantial investment in their development. We knew that Catalina Valencia was involved from the beginning with these tests and companies and that she brokered the deal and received the ability to purchase a large block of shares at a discount to market as her reward, making her AXIM's largest share holder. I'm not going to post how I suspect that this deal went down because it serves no purpose and I will probably never know for sure. The drip out provision in the share issuance protects the AXIM share price. The timing of the settlement suggests that Blue Sky days are near. Over the years I keep posting about the company taking a big bath to wash off bad news and it seems that there is not much more drek left other than reporting the new AS, the variable note conversion that I expect is locked in with the recent 2 day low in share price and the resolution of the derivative liability. I have no speculation of how MJNA will handle their massive ownership stake of AXIM because they are a sister company with shared executives that would be inclined to hold based on their knowledge of the business plan but inclined to sell some portion based on their internal need for capital after marijuana rescheduling/descheduling. I still think that we will see something regarding an equity restructure with Versea and NPTX at least and possibly additional parties. I am truly happy for whomever got the cheap shares this week. They had the CPI news and the AXIM 8K working for them simultaneously.
I am The Blue Skys - Everything Else is Just Weather
My posts are for entertainment purposes and are not Investment Advice
Recent AXIM News
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 05/22/2024 08:53:56 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:24:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/28/2023 04:59:09 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:29:50 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 09/21/2023 03:07:21 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 08/31/2023 08:10:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 05:35:50 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 08:11:37 PM
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