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Saturday, December 3, 2022

Axiom Corp (OTCMKTS:AXMM) Heats Up Fast

Axiom Corp (OTCMKTS:AXMM) has been running up the charts since reversing off $0.001 lows earlier this month. AXMM has quickly attracted a significant following who is currently bidding it higher.

AXMM was the subject of a significant promotion from ‘’investors-edge’’ There was also a landing page at axmminfo.com that contained a 17 page PDF AXMM promotional page from David Moore of Rising Stock Advisor which pushed the stock to highs of $1.87 at the time.

Axiom Corp (OTCMKTS:AXMM) operates through its majority owned subsidiary, PaperNuts Corporation, a global focused developer and marketer of innovative and environmentally friendly packaging solutions.

Widely used in Europe, Paper Nuts are made from 100% recycled corrugated cartons and paper processing production waste and provide a sustainable alternative to Styrofoam packing material.

Jim Treliving, Bruce Croxon and Arlene Dickinson took Papernuts to DragonsDen last year and were offered 150,000 for 30% of the business by the Dragons. The deal didn’t make it through due diligence however, but not because the Dragons weren’t keen. “We soon realized they probably didn’t want us as much as they did the opportunity to be on air,”

According to axmminfo.com ‘’their idea was simple; cost effectively offer a replacement product for loose-fill packing peanuts. As for the scale of the opportunity, consider this; on December 2, 2013, One Company – the online retailer amazon.com received order for nearly 37 million items. That number is astonishing, but it pales in comparison to UPS’S statistics. That Company delivered 18 million packages every day last year – for a total of 4.6 billion in 2014.’’

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Last year AXMM announced it has closed agreements to secure new financing totaling $575,000. Tyler Pearson, CEO of PaperNuts, commented, “We are extremely pleased to have secured this latest round of new growth capital to strengthen our operating position and accelerate completion of final design improvements and modifications for the next generation of PaperNuts proprietary packaging technology. As UncommonGoods continues to grow, we hope to grow with them as a long term strategic and sustainable packaging partner that is focused on bringing new and innovative sustainable packaging solutions to the marketplace.”

Back in April AXMM announced PaperNuts Sustainable Packaging Solution a Big Hit With Specialty Online Retailer UncommonGoods. Bradley Allen, Area Operations Manager of UncommonGoods, commented, “We have been using the PaperNuts loose-fill packaging product for the last few months and absolutely love it. As an environmentally friendly alternative to other loose fill and protective packaging products, PaperNuts delivers us a reliable and adaptable packaging solution that not only works, but is directly in line with our company values and sustainability initiatives. We look forward to continuing to use PaperNuts in our gift boxes to ensure that our shipments arrive in perfect condition every time.”

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Currently running up the charts since reversing off $0.001 lows AXMM was about the ugliest promo to come around in while as the stock collapsed 90% in less than a day. That happened a long time ago and a lot has happened since then. AXMM through its majority owned subsidiary, PaperNuts Corporation, is a global focused developer and marketer of innovative and environmentally friendly packaging solutions most notably Paper Nuts which are made from 100% recycled corrugated cartons and paper processing production waste and provide a sustainable alternative to Styrofoam packing material. They even made it to Canada´s Dragon Den last year. At current valuations AXMM represents an exciting opportunity in small caps that has quickly attracted a significant following as it races up the charts. We will be updating on AXMM as events unfold so make sure you are subscribed to Microcapdaily so you know what is going on with AXMM.

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Disclosure: we hold no position in AXMM either long or short and we have not been compensated for this article.

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