Replies to post #448 on Axis Technologies Group Inc (AXTG)

[jzman22]

Myth man I think the key to your post. "About a year ago"

Axis Technologies Releases Three Year Revenue Projections
Business Wire - November 28, 2006 10:00 AM ET


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Axis Technologies Group, Inc. (Pink Sheets:AXTG) announced that it has released revenue projections for the next three years. The projections below correspond with the information in the company's business plan.

Excerpt from the Axis Technologies Group, Inc. Business Plan:

Projected Revenues

Year Ended December 31, 2007 $12,900,000
Year Ended December 31, 2008 $25,800,000
Year Ended December 31, 2009 $42,570,000

"Recent developments with large retailers as well as government contractors make us quite confident we will reach our sales goals as projected in our business plan" said Kip Hirschbach, CEO of Axis Technologies Group, Inc.

About Axis Technologies Group, Inc.

Axis Technologies Group, Inc. conducts its business through this wholly owned subsidiary Axis Technologies, Inc., a Delaware corporation headquartered in Lincoln, Nebraska. Axis Technologies, Inc. designs, manufactures and markets a proprietary line of energy-saving and daylight harvesting electronic dimming ballasts for the commercial lighting industry. The company's target market is small to large commercial users of fluorescent lighting including office buildings, wholesale and retail buildings, hospitals, schools, and government buildings. In 2002, Underwriters Laboratory (UL) approved Axis products for sale in both the United States and Canada. The Axis DDH ballast is priced competitively and is the only daylight harvesting ballast system that can be marketed as a replacement for a standard ballast.