Axiologix issues guidance for second financial quarter; Q2 revenues above $400k over double the previous year
(The 2nd qtr above covers Sep - Nov 2013)
"The Company intends to file its full report for the six months ended November 30, 2013 through the SEC EDGAR reporting system before the end of March 2014, including audited accounts for the previous two financial years as part of re-registering its common stock and returning to full reporting status with the SEC."
Also
"Full quarter revenues from IWS will be included in the current quarter ending February 28, 2014 that is forecast to come in above $2.5 million for the quarter"
The above quarter is the company's 3rd quarter.
The company's FY ends May 31.
It sounds like the company will NOT have audited reports for Qtr 2 and 3. The PR only mentions "full audits for the financial years ended May 2013 and May 2012".
We will have to wait for the 6-month report sometime in the next 9 days before we will know for sure.
There are good companies with a bad stock and.. bad companies with a good stock. The key for success of either is the management!!