AXMM- Little Revenue. Debts. No Business.
As is usually the case with these types of hyped-up scams, it takes only one quick glance at the balance sheet to realize that the $173M market capitalization that this equity commands is beyond ludicrous. With $822 in total current assets and $79,927 in current liabilities in the recent quarter, it is clear it is not going to have monumental success. I find it difficult to believe that the company can make any moves in the right direction. It's my suspicion that the purpose of this company is not to succeed, but to sell stock. The recent volume is due to overly bullish emails and boiler room tactics.
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