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Pink Sheets: Axis Technologies Group, Inc. (AXTG) news stock charts

Axis Technologies Group, Inc. (AXTG/AXTG.PK) Penny Investment Summary:

Axis Technologies Group, Inc., through its subsidiary, Axis Technologies, Inc., designs, manufactures, markets, and sells fluorescent lighting products for the commercial lighting industry in the United States and Canada. It offers a proprietary line of electronic dimming ballasts that regulate voltage in light fixtures. The company markets its products to commercial users of fluorescent lighting in office buildings, wholesale and retail buildings, hospitals, schools, and government buildings. Axis Technologies Group is headquartered in Lincoln, Nebraska.
www.axistechnologyinc.com
5 Employees

AXIS TECHNOLOGIES (AXTG:OTC)

LAST $0.12 USD
CHANGE TODAY +0.01 9.09%
VOLUME 9.5K
As of 8:10 PM 03/19/10 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of AXIS TECHNOLOGIES (AXTG)

OPEN
$0.11
PREVIOUS CLOSE
$0.11
DAY HIGH
$0.12
DAY LOW
$0.11
52 WEEK HIGH
03/23/09 - $0.30
52 WEEK LOW
12/16/09 - $0.08
MARKET CAP
7.7M
AVERAGE VOLUME 10 D
11.7K
EPS TTM
$-0.03
SHARES OUTSTANDING
64.4M
AXTG Does Not Pay Dividends
P/E TTM
--
K = Thousands  M = Millions  B = Billions

Key developments for AXIS TECHNOLOGIES (AXTG)

Axis Technologies Group Inc. Announces Board Appointments

Axis Technologies Group Inc. announced the appointment of Mr. Byron Hogue and Mr. William Bethell to the company's advisory board. Hogue will assist Axis Technologies in warehouse management and logistics. Mr. Hogue is most known for assisting Frederick Smith, CEO of Federal Express, in the early days of the well known package and letter delivery company. While at FedEx, Mr. Hogue served as executive assistant to the chairman and held positions as vice president of sales, governmental and regulatory affairs and air operations.

Axis Technologies Group Inc. Reports Earnings Results for the First Quarter Ended March 31, 2009

Axis Technologies Group Inc. reported earnings results for the first quarter ended March 31, 2009. For the quarter, the company showed a net loss of $482,822. In contrast, the company posted a net loss of $122,740 for the same quarter in the previous year.

Robert Light and Energy Industries Expands Business Relationship with Axis Technologies

Axis Technologies Group Inc. announced that Robert Light and Energy Industries (RLE) is expanding its distributor and original equipment manufacturer relationship with Axis to include the addressable demand response ballast introduced at the recent Lightfair International trade show in New York City. RLE has included the Axis ballast in several recent contract proposals presented to municipal and school administration clients with total potential ballast requirements of over 4,000 units. The new Axis Demand Response solution has tremendous opportunity at a time when intraday price spikes are now a reality. The need to quickly shed lighting load remotely in a facility can now be achieved simply and economically. Axis Technologies look forward to building a close and mutually productive relationship with RLE Industries. With RLE Industries market position and technical expertise and Axis innovative addressable demand response ballast, RLE and Axis can offer to both corporate and government clients a low cost solution to the vexing problem of managing energy demands in fluorescent lighting.

Axis Technologies Group, Inc. financial resources

otc, otcbb, pinksheet, AXTG, ob Axis Technologies Group, Inc.

AXTG Competitors

Company Last Change
General Electric Co $18.07 USD -0.12
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Industry Analysis

Valuation AXTG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 10.4x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 9.1x

AXTG

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AXTG transactions

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No transactions in the last 6 months.

Pink Sheets: More Recent Financial News About Axis Technologies Group, Inc.

Axis Technologies, Inc. Distributor, Energy Innovation Group, Provides Update on Ballast Demand

Quote:
Read article

AXIS TECHNOLOGIES GROUP INC Files SEC form 10-Q, Quarterly Report

Quote: We undertake no duty to update these forward-looking statements. Overview Axis Technologies Group, Inc. is in the business of developing and marketing energy-saving electronic components for the commercial lighting sector. Our primary products are self-contained electronic, dimming and daylight harvesting fluorescent ballasts. A "ballast" is an electronic component that regulates voltage in lighting. We develop, test, and patent unique technology to create energy efficient products t...
Read article

Axis Technologies, Inc. Distributor, Energy Innovation Group, Provides Update on Ballast Demand

Quote:
Read article

AXIS TECHNOLOGIES GROUP INC Files SEC form 10-Q, Quarterly Report

Quote: We undertake no duty to update these forward-looking statements. Overview Axis Technologies Group, Inc. is in the business of developing and marketing energy-saving electronic components for the commercial lighting sector. Our primary products are self-contained electronic, dimming and daylight harvesting, fluorescent ballasts. A "ballast" is an electronic component that regulates voltage in lighting. We develop, test, and patent unique technology to create energy efficient products ...
Read article

Amcor Electric Proposing Axis Technologies' Daylight Harvesting Ballasts in Retrofit and Initial Construction Bid Proposals

Quote:
Read article

Energy Efficiency Consultant and Implementer, American Carrera Tech, Seeing Increase in Energy Audit Request for Proposals (RFP) With Axis Ballasts

Quote: Axis Technologies' daylight harvesting ballasts solves these issues. American Carrera has included 10,200 Axis ballasts in energy audit projects recently proposed."Mr. Isban continued, "Since we also integrate renewable energy systems such as photovoltaic solar systems, the Daylight Harvesting application goes hand in hand with solar energy production by minimizing demand during peak load times.Peak load demand most often correlates with hot and sunny days when air conditioning use soars. The va...
Read article

Axis Technologies, Inc. Announces Appointment of Byron Hogue and William Bethell to Advisory Board

Quote: Hogue will assist Axis Technologies in warehouse management and logistics. Mr. Hogue is most known for assisting Frederick Smith, CEO of Federal Express, in the early days of the well known package and letter delivery company. While at FedEx, Mr. Hogue served as Executive Assistant to the Chairman and held positions as Vice President of Sales, Governmental and Regulatory Affairs and Air Operations. Mr. Hogue said, "I am excited about the opportunity to work with another emerging company that can...
Read article

Axis Technologies, Inc. Receives Underwriters Laboratories Approval for New Design 2-Lamp Ballasts

Quote: Jim Erickson, President of Axis Technologies, said, "We are very pleased to receive UL approval for our new 2-lamp ballast. With the requisite UL marking, Axis Technologies can now begin to fill orders that have been received but were withheld from shipping until the awaited approval. The UL approval of our new design 2-lamp ballast will make the future testing and approval of our 3- and 4-lamp ballasts and T5 ballasts much quicker and easier since the designs are similar."ir@axistechnologyinc.c...
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