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Axiologix, Inc. To Report Fiscal 4th Quarter Revenues Over $250,000; Up 33% From Same Period Last Year
Axiologix, Inc. To Report Fiscal 4th Quarter Revenues Over $250,000; Up 33% From Same Period Last Year.
About this update from Axiologix Inc
[{"type":"text","content":"\n\n\n\n\n\n\n\nAxiologix, Inc. To Report Fiscal 4th Quarter Revenues Over $250,000; Up 33% From Same Period Last Year\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. To Report Fiscal 4th Quarter Revenues Over $250,000; Up 33% From Same Period Last Year\n\nPR Newswire\n\nSARASOTA, Fla., June 6, 2013\n\n\n\n\n\n\n\nSARASOTA, Fla., June 6, 2013 /PRNewswire/ -- Axiologix, Inc. (www.axiologix.net) (OTC Pink: AXLX), an International Technology and Services Organization focused on delivering Cloud-based Products and Services, today guides that revenues for the 4th fiscal quarter ending May 31, 2013 will be in excess of $250,000, an increase of 33% over the same period last year and up 4% on the previous quarter.\n\n\nA comprehensive annual report will be filed with the OTC Markets Information Service on or before 90 days from May 31, 2013 in line with its reporting guidelines. The Company will announce interim results prior to this as relevant information becomes available. The Company intends to have the full year results audited as soon as possible on a path to relisting on the OTCQB at the earliest opportunity as a requirement of the funding process for pending acquisitions.\n\n\n\nVincent Browne, Chairman and Chief Executive of Axiologix, Inc., commented, \"We are obviously pleased to announce that revenues for the last fiscal quarter show strong growth from our existing businesses. It is too early to comment on other financial results at this stage, but we wanted to keep shareholders updated on this key growth metric as soon as we had adequate guidance. We are also very close to executing a definitive agreement to acquire our next company in California that, if completed, will add over $5 million in accretive revenues and positive EBITDA to the Company. We are also at advanced discussions with a number of other acquisition targets to follow this one and will issue further updates on these in due course.\"\n\n\n\nCorporate Press Release e-Mail Distribution \n\n\nInterested investors and shareholders will be added to the corporate e-mail databa...