Business
Axiologix, Inc. Sees Assets Nearly Double In Past Nine Months: Pending Acquisition To Bring Annual Revenues Past $6 Million With Positive Earnings.
Axiologix, Inc. Sees Assets Nearly Double In Past Nine Months: Pending Acquisition To Bring Annual Revenues Past $6 Million With Positive Earnings..
About this update from Axiologix Inc
[{"type":"text","content":"\n\n\n\n\n\n\n\nAxiologix, Inc. Sees Assets Nearly Double In Past Nine Months: Pending Acquisition To Bring Annual Revenues Past $6 Million With Positive Earnings.\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nAxiologix, Inc. Sees Assets Nearly Double In Past Nine Months: Pending Acquisition To Bring Annual Revenues Past $6 Million With Positive Earnings.\n\nPR Newswire\n\nSARASOTA, Fla., April 25, 2013\n\n\n\n\n\n\n\nSARASOTA, Fla., April 25, 2013 /PRNewswire/ -- Axiologix, Inc. (www.axiologix.net) (AXLX.PK), an International Technology and Services Organization focused on delivering 'Cloud' Products and Services, announces that Total Assets have grown from $815,446 in May of 2012 to $1,386,497 as reported in its recent filings for the three and nine months ending February 28, 2013. In the same period the Company reported revenues of over $710,654 compared with no revenues for the previous period last year. Management expects this level of growth to continue both organically and with expected completion of the pending and other targeted acquisitions. Full details can be found at www.otcmarkets.com/stock/AXLX/quote\n\n\n\nAdditionally, the Company is now in the final stages of due diligence and discussions with suitable funding partners to complete the acquisition of a leading California based provider of IP voice, data and managed services. This acquisition, once complete, is expected to bring immediate gross revenues of over $5 million and positive earnings to the Company along with a state-of-the-art IP telecoms network.\n\n\n\nDennis Mitrano, President of Telecom Operations of Axiologix, Inc. said, \"We are growing this Company quickly and foresee such growth accelerating into next year and beyond with the activities we have underway in the business right now. I also believe that we are getting very close to announcing further details and progress on our pending acquisition early next month.\"\n\n\nCorporate Press Release e-Mail Distribution - Interested investors and shareholders will be added to the corporate e-mail database for future co...