{"id":1387,"date":"2013-05-07T16:14:58","date_gmt":"2013-05-07T16:14:58","guid":{"rendered":"\/?p=1387"},"modified":"2013-05-07T16:15:01","modified_gmt":"2013-05-07T16:15:01","slug":"axiologix-inc-otcmktsaxlx-bring-something-of-a-surprise","status":"publish","type":"post","link":"\/articles\/axiologix-inc-otcmktsaxlx-bring-something-of-a-surprise\/","title":{"rendered":"Axiologix Inc (OTCMKTS:AXLX) Bring Something of a Surprise"},"content":{"rendered":"

\"59AXLX.png\"Remember Axiologix Inc (OTCMKTS:AXLX<\/a>)? We wrote about them a couple of months ago when there was quite a lot of commotion created by the paid pumpers around them. Now there is a new promotion and we decided to check on them and see if anything has changed. <\/p>\n

If you have read through our previous articles, you will recall that AXLX<\/a> was run by Vincent Browne, the person who was also at the helm of another publicly traded company working in roughly the same business field – Flint Telecom Group, Inc. (OTCMKTS:FLTT<\/a>). In that respect nothing has changed – Mr. Browne is still in listed as the CEO and FLTT<\/a>‘s shares are still stuck to the bottom of the chart. It would appear. However, that Mr. Browne prefers to pay more attention to AXLX<\/a> since we haven’t heard from FLTT<\/a> and they haven’t filed any reports for quite a while now. <\/p>\n

AXLX<\/a>, however, have. And that is where the big surprise for us came in. The last time we wrote about them, AXLX<\/a> had very little in terms of cash, they had quite a lot of liabilities, not much revenue and extensive losses. About a month ago, however, they filed their financial report for the three months that ended on February 28 and we must say that it looks much better than before. Here’s the recap of the most important figures:<\/p>\n