About 1/20 of the float was bought today. Shows you how fast stock can rise when there is demand. A few more days like this along with some positive news will put us back in 1st gear.
Good news must be on the way. Either a secondary order from Walmart, or a new contract. Someone would not spend almost $100K on a speculative stock unless they knew something good was in the works. First time I saw $.20 in a long time :)
Worth a look. Very innovative and affordable security device using built in cellular tech.
Worth a look. Very innovative and affordable security device.
New home security device available at Walmart as of last week using Straight Talk Wireless subscription, on Verizon network. AXST has 4 Million plus initial contract with Walmart, and units are available as of last week in all Walmarts across US and Canada!
I have to admit one thing and that is that the poster who made those hefty projections back in 20122013 I think was selling into the rally. I had my doubts about him. Him seemed to know too much. I was just hopeful that the African clientele would come through and we would get some activity from Brazil. I too had the trigger at one point at $1.77 on over 100 thousand shares and didn't do it...I then thought $1.5 was a new base on which to build on...I did learn my lesson on this one...yet in the past, have done very well on similar stocks that just kept on going up, with fundamentals no close to the projections we were expecting. I think we still have a chance to get back to respectable levels, but it depends on whether we can secure a good secondary over of $10 Million Plus and also secure a secondary client for a similar amount. The one thing that is in our favor is that interest rates are so low, and banks would extend deadlines than call in their loans. The debt to sales ratio is still pretty low, so if we can get some cash flow, I think that we can stabilize, and get some more R&D staff. I have been following many companies that have no sales, have tons of debt and still trade very well on future prospects...Remember that AXST does have a viable product out finally, in addition to its other Alert models. I hope Sprint can get back in the game with a version. They were supposed to secure a deal with them, but it was delayed. I think there are things in the works, or Walmart and Orbic would not have gone through with the marketing effort.
Why don't you go look for yourself? Walmart is a plague in our country, I have 20 of them within 60 miles of where I live, fortunately there are none allowed in my county. Its seems as though you either sold off you position and have regrets, or you are just a pessimistic individual who should not be investing? Did you get out when stock was at $1.5-1.8? probably not, or you would not be here now complaining. I did call all the Walmarts in my area and I did speak with the electronics depts, in each store. They were all able to tell me the basics on the usability of the machine and the relationship with Staright talk wireless. If Walmart, Straight Talk and Orbic are all excited about the device, the main feature being its a unit with a built in cell phone, with no need to hardwire, no need to link to router, then I think AXST might have something here. They just got them in stores last week, so its takes a month or two to start seeing sell through rate. I think with crime up everywhere, the low price of the unit, and the easy nature of the set up, it should sell better than the competitors units that are NOT linked to straight talk, need router link and hard wiring, etc. The advertising here I think is adequate...we should see significant sales.
376,000 shares traded in last 3 sessions. Someone is buying. We should be getting a formal announcement of the Walmart/Straight Talk/Axesstel deal anytime. I checked online and all the Walmarts in my area have the units available. Why is management waiting to make the announcement? Its great news????
Selling its Home Security Device via Verizon Network using Straight Talk Wireless as incentive. Great Home security device that does not need a router..it has its own built in cell phone module that will call you or sent text if alarm is tripped..very innovative and very reasonably priced at WMT stores..In stock since last week! Sold under ORBIC logo, partnering with Reliance Marketing Firm....UNIT is made by AXESSTEL, a US based San Diego Company. Stock Symbol AXST is up 22% today
Call or go see your nearby Walmart and you will find it in stock...This is the first time since the cut the cord with Sprint that we have something viable in available in stores, and both Orbic and Straight Talk are advertising the product. with a range of 5-20 units available in Walmarts throughout the US, I don't think it will take long before we get a larger secondary order...if AXST can get a 10 million secondary order, that will alreday be over $14 million in sales, and they did mention in the last report that they are working to secure other distribution agreements...Verizon by the way is the operator under which the Axesstel signal will run.
new Home security device...now available at WAlmart stores...check it out online..its made by AXST (Axesstel) yet the name on the device is ORBIC, the distributor.
They are in stock now, and photos are available online..they are identical to the AX54, just using ORBIC name, through RELIANCE. Google Reliance and ORBIC and Straight Talk Wireless and you will see many articles....Axesstel is not mentioned as the maker however....news will come out soon though...I called a few Walmarts and they say people are excited about the new product..they think it will do well!
Based on my research over the past year and the announcement of partnership one one of the world largest retailers, I have concluded that only Walmart can be the suitor. Furthermore, I just found a Home Alert device just introduced to the market that encorporates all the specs of the AXST home alert...Its being sold in conjunction with Straight Talk Wireless and is very reasonably priced! You get it with a subscription to Straight talk. I think based on my phone calls to various Walmarts, they will have them in stores in mid July! This is great news!
People realizing this stock has been so undervalued....higher we go before FDA clearance the higher we go after....$1 is very possible before end of the year.