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Alias Born 06/24/2004

Re: Buckey post# 229497

Sunday, 03/13/2005 11:29:51 PM

Sunday, March 13, 2005 11:29:51 PM

Post# of 4972671
AXAI-Sir Buckey, be careful.

From their latest filing:

"NOTE 3 - SUBSEQUENT EVENTS

Subsequent to December 31, 2004, the Company issued 48,000,000 shares of common stock to employees in accordance with the Company's employee stock incentive plan. All options have been exercised."


Because this event happened after the reporting date where they were showing just over 1M o/s, I just wanted to give you a heads up that the o/s is much higher than showing on brokerage sites. This is where AXAI differs from what we saw with GLKCE. (and are still seeing). It's still anyone's choice to invest in this or any stock, but if you hit the buy button with this one I just wanted to shed some light that we're not dealing with the low floater it appears to be at first blush.

Bo





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