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Axion Power International Inc

I believe you are referring to the company Axis Power Industries, Inc., which trades over the counter (OTC) under the ticker symbol AXPO. I cannot find any company named "Industrial Electrical Equipment" or any ticker symbol AXpw listed on a US stock exchange.

Axis Power Industries, Inc. is a development stage company focused on acquiring and developing technologies, and intellectual properties for use in various industries, including the energy sector. Its primary focus has been on the development of its solid oxide fuel cell technology for power generation and carbon capture applications.

Regarding financials, here are some highlights:

* For the year ended December 31, 2021, Axis Power Industries, Inc. reported net sales of $12,000 and a net loss of $593,000, or $(0.01) per share.

* For the year ended December 31, 2020, the company reported net sales of $36,000 and a net loss of $591,000, or $(0.02) per share.

It's important to note that the company is in the development stage, which typically means it does not have a stable revenue stream and is not profitable. Moreover, it's always risky to invest in development-stage companies as they may never become profitable or may require significant additional capital infusions.

Overall, it's crucial to conduct extensive research and due diligence before investing in any company, particularly development-stage ones. Investors should carefully consider the company's financials, management team, business plan, market opportunities, and potential risks before making an investment decision.

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