Today’s 37.5% move up in AXVC from .08 to .11 per shares on volume of 389,589 shares was a welcome initial reaction to Sunday’s news. Still, the shares of AXVC need to rally substantially more to get most shareholders back to breakeven. We see more good days ahead for AXVC, and we feel the stock will continue to rally as more people understand all the potential benefits that this joint venture can provide. In fact, our original target of $4 per share is not out of the question. Of course, at this stage, most investors would be perfectly happy with a $1 per share.

Axial Vector Energy Announces Formation of a Joint Venture with Petrosonics, LL

Our editor in chief of The Green Baron Report invested several years ago in shares of Petrosonics, LLC, and the private company that Axial Vector just formed a new joint venture with. This joint venture focuses on a business that EICA is already very familiar with, and we believe they are “uniquely situated to assist Petro-AVEC in introducing its products, services and technologies to the worldwide production and refining industries.”