Axia Group Inc. (PINK:AGIJ) is flying up these days. Since the stock made a 100% gain last week, the climb has not stopped and yesterday AGIJ added the next 22.22% to its price. Along with the price jump, traded volume of the stock hit phenomenal values, and the last one totaled over 31 million shares for a day.
No doubt that the reason for the uptrend is the latest news by Axia. After being quiet for months, the company came up with several positive updates on its business which immediately provoked attention.
During the past four days, AGIJ reported that they have launched the opening of their new facilities in Ontario, finalized a private label deal with a distributor in Ireland, and introduced their latest product, DermaMagie.
These announcements supported the company’s stock price at once and the uptrend has begun. However, Axia is anxious to climb higher, fueled up by promotions.
AGIJ got promoted yesterday for a total compensation of $190,000. The expensive campaign might be considered as another factor for holding the current gain, though the result is still to be seen.[BANNER]
Axia Group, Inc. main subsidiary Collagenna Skin Care Products is a natural health products and cosmetics company. Historical records show that the company has not filed any financial reports since last April, which explains its label on the OTC Markets website stating: “Warning! This company may not be making material information publicly available”.
While the company’s financial condition is unknown, Axia states that they will shortly commence their filings on OTC Markets with a target of becoming a quoted “Current Issuer”. And until AGIJ start filing their reports, the company is utilizing their IR firm’s “Support Suite” to communicate with the shareholders and convey non news events which may be of interest.