State of Delaware website. I found this back in January. It's been that way since mid December. The raise in AS is not alarming to me in this case. This is one of a handful of penny stocks that can be trusted and that's why some here have a hard time wrapping their heads around it.
If one is truly long on AXCG then they should understand that growth costs $ regardless of revenues. Folks love to talk about a second city taking this to the moon which it will... In time. Getting there costs $ while making that move is proof of concept. Just can't have it both ways of this being a real company for longs, but with the upward volatility of a P&D. Long means long and that means down trends and raising $ along the way. That takes years frankly, not weeks or months. Could this grow organically once CFP? Sure, but will take a lot longer and could give competitors a chance to catch up.
Said it 100 times here. Trust the product, vision, and mgt and the rest is easy for longs. Just buy on the dips and stable growth and pps increase will follow. This company gets better each day and the pps dipping means nothing to the contrary. Just traders and growth. Trading today at 14 doesn't make this half the company it was a few weeks ago trading at 28. Only good things to come for AXCG. Time your entry and buy on dips. If the growth trajectory maintains big things and/or a buy out will surely follow. I realistically expect CFP some time this summer. Mark this post.
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