Will The Promoters Manage To Lift Axxess Pharma Inc (OTCMKTS:AXXE) Up

[[tagnumber 0]][[tagnumber 1]]The year so far hasn‘t been very pleasant for Axxess Pharma Inc (OTCMTKS:AXXE)‘s stock and its shareholders. After a short stay above the 20 cent per share mark in January the ticker began to slide steeply down the charts before reaching a low of $0.062 in the middle of March.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Then came the news of an FDA approval for [[tagnumber 6]]AXXE [[tagnumber 7]]to sell some of their TapouT branded products. Back then the company‘s management made projections of $2.5 million in year–over–year sales which was to the liking of investors and the ticker made some impressive gains on high volumes following the announcement.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]It seems, however, that reality hit pretty fast and [[tagnumber 6]]AXXE [[tagnumber 7]]corrected. After all, the numbers contained in the balance sheet of the company‘s annual report weren‘t looking rosy.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 17]] [[tagnumber 18]]cash: $8,621[[tagnumber 19]] [[tagnumber 18]]current assets: $241,696[[tagnumber 19]] [[tagnumber 18]]current liabilities: $4,281,210[[tagnumber 19]] [[tagnumber 18]]yearly revenues: $76,797[[tagnumber 19]] [[tagnumber 18]]yearly net loss: $4,070,734[[tagnumber 19]] [[tagnumber 28]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]These numbers surely didn‘t suggest that [[tagnumber 6]]AXXE [[tagnumber 7]]can make a long run of gains and attract more investor attention. As the price dropped so did the daily volumes and neither the press releases, nor the paid promotional emails that came regularly managed to change the ticker‘s direction.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The company stock is being pumped even now and the latest wave of emails started to come in our inbox yesterday afternoon. This might explain why [[tagnumber 6]]AXXE [[tagnumber 7]]closed 12.05% down in the first session of the week, priced at $0.073. The daily volume was double the average and the 2.18 million shares that changed their owners generated $160 thousand in daily trade value.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The emails kept coming in after midnight and we may very well see them have an effect on today‘s price. That, however, doesn‘t change the fact that dealing with promoted stocks is very risky and you should be sure to do your due diligence and weigh out the risks before putting any money on the line.  [[tagnumber 2]]