New 52-week low of 10.5 cents touched briefly. May see 10 cents or below soon. The bid is awfully thin, and the ask is a boulder.
Remember, AXI is out of cash. They had $3.2 million in working capital at the end of September. 4.5 months later and that's mostly gone. I suspect management is trying to put a private placement together. Gingerich needs to pay for lunch.