Axiologix Education Drops While Volume Stays Up (AXLX)

Axiologix Education (OTC: AXLX) declined 16.7% on a second consecutive day in the over-the-counter market, to a share price of $0.002. The stock has fallen significantly in two days, while volume of Axiologix stays up at 5.59 million shares.

Shares of Axiologix Education fell sharply earlier today, to a price of $0.001. The stock partially bounced back before the trading session ended.

Despite its recent loss, Axiologix Education is up 81.8% in share price year-to-date. The stock peaked at a share price of $0.01 on April 27th, 2012, while the volume was 1.43 million at that point. The stock’s recent high price was $0.008 on June 14th, 2012.

Axiologix Education has been one of the more active small cap stocks in the over-the-counter markets in 2012. However, the company hasn’t made many headlines.  On June 7th, 2012, Axiologix Education provided a corporate update to shareholders and potential investors on its strategy following the acquisition of VOIP ACQ and the sale of its education operations.  Other press releases for Axiologix include:

  • January 17, 2012 –  Axiologix Education acquired substantially all of the assets and liabilities of VOIP ACQ, which had a number of agreements to make acquisitions in the VoIP and Cloud Services markets.
  • March 5, 2012 –  Axiologix Education completed the first of these acquisitions with the purchase of the assets and intellectual property of Prime Carrier via Axiologix Limited, a wholly owned subsidiary of AXLX, registered in Dublin, Ireland. The transaction included the transfer of all Intellectual Property, Customer Contracts and Employees.
  • May 10, 2012 –  Axiologix Education sold its education company to Mr. John Daglis, the previous CEO and Director for the return of approximately 24 million shares of AXLX restricted common stock held by him.

For anyone not familiar with Axiologix Education, it is an international technology and services organization focused on delivering cloud-based products and services. The company is headquartered in New Jersey, with international operations in Dublin, Ireland.  Axiologix Education was founded by a team of telecom and technology experts with a proven track in building and maintaining international technology companies.

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Published by Fiona Gibson

Fiona is a finance graduate and an expert in analyzing market trends.