Our New Pick is: AXLX
Current Price: $0.0017
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Members,
Today's pick was a small winner.
The company opened the session at $0.98 and peaked at $1.08 per share for a realistic+10.2% gain before finally closing out the session flat.
Double digit percent gainers are good, but triple digit percent gainers are much, much better...
Let's close out the week tomorrow with a massive winner!
Immediately turn your attention to AXLX (Axiologix Inc.).
AXLX currently operates in the rapidly growing Mobile Payments and International Remittance markets.
The company's key focus is on un-banked and under-banked communities both in the United States and around the world.
Together with its innovative strategic partners, AXLX provides disruptive "Cloud" banking services such as "member-to-member" payments and merchant services using cell phones and the Internet, along with linked debit cards for convenience and international mobile money remittance transfers at a keystroke.
AXLX also plans to provide more convenient, more inclusive and ultimately more affordable banking services to those who don't have access to regular banking channels.
The company is headquartered in Las Vegas, Nevada, USA.
Recent Development(s):
AXLX Enters Multi-Billion 'Direct Operator Billing' Mobile Payments Market Through Joint Venture With Market Leading SLA Mobile
The company announced on May 11, 2016, that it recently entered into a joint venture with SLA Mobile, a market leader in the direct operator billing segment of the rapidly growing mobile payments market. The partnership was accomplished using an all stock transaction through a newly formed subsidiary, SLA Digital Inc., that results in Axiologix owning 51% of the new entity with SLA Mobile owning the remaining 49%. In addition, SLA Mobile received 500 million shares of AXLX common stock, resulting in SLA Mobile holding a 44% beneficial ownership in AXLX.
SLA Digital Inc. provides Digital Services such as Direct Operator Billing, in conjunction with leading mobile operators throughout Africa, the Middle East and Asia that enables it to seamlessly connect content providers with end customers using its proprietary mobile payment platform 'Alacrity'.
Direct Operator Billing allows mobile operator subscribers to purchase content in a safe and seamless way by charging transaction to their prepaid phone balance or adding it to their monthly phone bill.
Mr. Nic Stirk, CEO of SLA Digital, commented, "We are delighted to develop our relationship with AXLX in order to expand our global footprint of mobile operators and content partners and to execute on our aggressive merger and acquisition strategy. Direct Operator Billing is expected to grow immensely over the coming years with strong growth across our core markets the Middle East and Asia due to the relatively low levels of credit card penetration and high population of unbanked subscribers. AXLX provides us with an entry to the US public markets as well as their experience and expertise in the field of investment. We expect this structure will help us continue to drive the high organic growth we are currently experiencing and also to complete a number of merger and acquisitions that we have identified that will increase our handset population, create new innovative content, applications and complimentary services to our core offering."
Andrew S. Austin, newly appointed Chief Executive of AXLX, commented, "We are obviously very pleased to announce some positive developments for Axiologix and we look forward to working closely with Nic and his team at SLA Digital to support their current successes. They already work with a number of the world's leading mobile operator groups such as Zain, Vodafone and Axiata along with over 40 content provider partners across the globe. Through its existing relationships with the mobile operators, SLA Digital has access to over 300 million mobile customers that can now use their phone credit to purchase content that they could otherwise not do. SLA Digital makes its money by taking a percentage of every transaction made by customers."
Mr. Austin continued, "We believe that SLA Digital is poised to breakout in this very exciting global market and we plan to give AXLX shareholders the opportunity to share directly in the ongoing success of SLA Digital with an expected public listing of SLA Digital within the next year."
AXLX's Joint Venture SLA Digital Expects Further Revenue Growth Following Launch Of Its Carrier Billing Capability On Google Play
The company announced on June 15, 2016 that its joint venture, SLA Digital's first integration with Google PlayTM is now live. An existing global mobile operator partner of SLA Digital is using SLA's proprietary Digital Services Platform to launch its Carrier Billing solution on Google Play. According to Mobile Payments Today, direct operator billing has had a 300% year-over-year growth rate on Google Play.
This new capability allows Google Play customers, using this operator's network, to purchase digital content, from games to apps and music, without needing credit or debit card details. Instead, Carrier Billing offers customers a secure and convenient mobile payment solution allowing seamless digital content purchases by simply deducting the transaction from their prepaid phone credit or charging it to their post-paid phone bill. SLA Digital takes a percentage fee of every transaction made by customers.
Nic Stirk, CEO at SLA Digital commented, "SLA Digital's partnership with global and local app stores and merchants is key to our success as a leading worldwide Digital Services enablement provider. At SLA Digital we are excited to announce our involvement in this integration with Google Play. We are providing connectivity to a number of other app stores like Microsoft and Samsung via Carrier Billing and this announcement marks another strategic milestone for the Company as we continue to launch Carrier Billing across Europe, the Middle East and Asia for both mobile operators and merchants alike."
Andrew S. Austin, Chief Executive of AXLX, commented, "This innovative solution is another significant step forward for this joint venture that will help grow existing revenues. The Carrier Billing market segment continues to grow rapidly globally with Yankee group forecasting that operators' share of App store transactions alone will reach $11 billion this year with Juniper Research pointing to $17 billion in 2017. SLA Digital currently has access to over 300 million mobile customers through its partnerships with leading global operator groups making it third in the world in this segment. We look forward to more live operator connections to Google Play for Carrier Billing in the coming year, especially with the recent success of this live deployment."
Market Outlook:
According to a recent Accenture survey, while 52% of North Americans are “extremely aware” of mobile payments, only 18% use them on a regular basis. Unsurprisingly, Millennials and higher-income households lead the pack, with 23% and 38% using contactless payments at least once a week, respectively.
These stats may not seem downright disappointing—mobile payment tech is still in its early days, after all. But with eMarketer forecasting 210% growth in the total value of mobile payment transactions in 2016—up to $27.05B from $8.71B—it’s fair to wonder how companies will close the gap between awareness and adoption.
According to Jordan McKee, senior analyst at 451 Research, a recent policy change could help spur growth. “One of the biggest drivers…is the EMV liability shift, which is helping to seed the market with contactless point-of-sale terminals. The infrastructure is beginning to fall into place.”
Now that retailers have a financial incentive to support EMV “chip and PIN” technology, a proliferation of in-store terminals supporting it (as well as NFC contactless payments) can’t be too far off. And when consumers have more opportunities to use NFC-powered services like Apple Pay in store, it follows that both usage and awareness will grow.
Technical Analysis:
Several factors make AXLX a worthy candidate for your attention.
At the top of the list is the setup, which is based soley on chart formation.
Technical indictators are also signaling that AXLX is heavily oversold.
AXLX closed today's session down an astounding -48.48% at $0.0017 per share.
AXLX currently has an RSI (Relative Strength Index) of 41.8.
You see, RSI ranges from 0 to 100. An asset is deemed to be overbought once the RSI approaches the 70 level, meaning that it may be getting overvalued and is a good candidate for a pullback.
Likewise, if the RSI approaches 30, it is an indication that the asset may be getting oversold and therefore likely to become undervalued.
AXLX appears setup for a huge bounce upward.
A run back to it's 52-week high of $0.0085 would equate to gains of +400% from the current price.
OTCMarkets.com lists the float of AXLX at just 104.3M.
We did the quick math, and at its current PPS that equates to only $177.4K worth of sharesavailable for trading!
And like we mentioned earlier, AXLX is riding a bullish wave thanks to a recent announcement regarding its move into the forecasted $27B Mobile Payments industry.
Savy traders who notice this 'ultimate bounce setup' are going to be eyeing down AXLX hard tomorrow.
We are urging all of our subscribers to add AXLX to the top of your watchlist right now, and be ready to trade tomorrow morning when the clock strikes 9:30am EST.
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
To learn more about AXLX, please visit their website(s): www.AxioCashGenie.com
