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Axial Vector Engine Stock
Axial Vector Engine Stock
I know penny stocks are a waste of money, but their is a company; stock symbol AXVC.ob that looks good……?
The company is Axial Vector Engine Corp and it makes generators and engines for the military, also the chairman of Emirates International just bought 8% of the company. My question is do you think they see something we dont, why would the chairmain of Emirates International invest all that money into a loosing company. If any of you more experienced investors have any opinions….. Thanks
Axial is a development-stage company currently selling for about $.44/share, with about 37 million shares outstanding. They have been in existence for five years and have yet to generate any revenue (none at all). The company has a negative net worth of about $15 million. I’d wait to see if they can actually sell something to someone before risking any capital.
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