Replies to post #29335 on Axiologix Inc. (AXLX)

[bugs_bunny]

It (AXLX) is effectively already insolvent, given no revenues and huge debt servicing costs. Surprised that the 'Investors' TCA who are owned $2million, yes $2million (read the filings) haven't called default on their financial instrument (loan).
Wait, there is nothing for a Administrator to take into Receivership or Liquidate, as there is nothing there - all gone, all acquisitions failed, all deals fallen through - Complete business failure!