I heard that same rhetoric when they were north of $1 and they had the same type of investors on board, they have all felt wealth destruction on a massive scale. Back in those days there was a few hundred million shares, now there are billions with a market cap of under $60m that's proof to me that just because they were credentialed investors does not make it a winner.
Lambs to the slaughter then, lambs to the slaughter now.
AXM Price at posting:
0.9¢ Sentiment: None Disclosure: Not Held
