Axiom Corp. Auditor Raises 'Going Concern' Doubt

Axiom Corp. provides an alternative packaging solution to plastic and corn-based loose fill material. The Company offers its solution through its subsidiary, Papernuts Corporation (Papernuts Canada). Using recycled paper and its PaperNuts machine, PaperNuts interlocks with each other forming a protective matrix around packaged items. PaperNuts are made from recycled paper that was destined for landfill, and are both biodegradable and recyclable after use. PaperNuts are available in various grades of paper and lengths depending on the application. PaperNuts can be shipped as a finished product ready for use or can be manufactured on site. The Company intends to supply compact PaperNuts Factories or machines, enabling the production of PaperNuts on site. Girotti Machine is the North American Manufacturer of the PaperNuts Paper Converter, which is the machine that turns ordinary recycled kraft paper into its finished product, PaperNuts.