Axiom Oil and Gas Corp (OTCMKTS:AXIO) was a notable outperformer during Wednesday’s trading session surging by 41% on 50 times the 30 day average. Axiom witnessed a volatile day of trade as the stock surged higher but was unable to sustain at levels of $0.470 and gave up most of its early gains. The lack of buying interest at higher levels is a huge cause for concern for traders. The MACD oscillator continues to show no signs of a bullish reversal, which is a negative. The stock currently trades below all important moving averages, which is considered to be bearish.
Axiom Oil and Gas Corp (OTCMKTS:AXIO) has announced certain changes in its senior management team to ensure that all the future projects can be finished on or before the deadline. Reports claim that the biggest change has come in the form of the appointment of Brian Jensen, CPA as the new director and Chief Financial Officer of the company.
Insights of The Matter
Mr. Jensen is one of the most sought after and experienced senior management officials in the industry. His experience in tax, accounting and financial matters spans over twenty years at different levels. Previously, he guided many startups and early-stage companies in restructuring their financial model system. His seamless track record and host of world-class projects given him an edge over others.
Jensen did bachelor’s in Science and Accounting from the famous University of Wyoming and went on to become a Certified Public Accountant. He’s a lifetime member of the Idaho Society of Certified Public Accountants and American Institute of Certified Public Accountants.
The senior management team of Axiom is delighted to have Jensen on board and hopes that he will guide the company to achieve many more heights in the coming months. According to Michael Altman, President, Axiom Oil, it’s a privilege to have someone as experienced and skilled professional as Jensen on board. He has helped a host of early stage companies to get rid of their financial and corporate governance issues, and the entire management team is hopeful of him doing the same at Axiom as well.
Altman further added that Jensen won’t join the firm alone. He will bring an entire team to ensure a compliant and timely financial and corporate governance reporting. When Jensen was asked about his appointment, he said that it’s one of the fastest growing companies in the industry, which is the biggest reason for him to join the company. Jensen looks forward to having a long-term association with Axiom.