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Axxess Unlimited Releases First Quarter Financials
Axxess Unlimited Releases First Quarter Financials.
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[{"type":"text","content":"\n\n\n\n\n\n\n\nAxxess Unlimited Releases First Quarter Financials\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\nAxxess Unlimited Releases First Quarter Financials\n\nCompany Sees Continued Rapid Growth in Commercialization\n\nPR Newswire\n\nSCOTTSDALE, Ariz., May 17, 2013\n\n\n\n\n\n\n\nSCOTTSDALE, Ariz., May 17, 2013 /PRNewswire/ -- Axxess Unlimited, Inc. (OTC: AXXU) today announced the availability of their first quarter 2013 financial results for the period ending March 31, 2013. All amounts are presented in US Dollars.\n\n\nThe consolidated financial results available today include the accounts of Axxess Unlimited, LLC, and its wholly-owned subsidiaries, Axxess Digital and Axxess Apps.\n\n\nTotal revenues for the three-month period ended March 31, 2013 are up 279% to $245,710 compared to $64,768 for the same quarter last year. Gross Profits grew 19% quarter-over-quarter. Gross Profits for the first quarter 2013 were $158,570 compared to $133,089 for the previous quarter ending December 31, 2012. The company reduced operating expenses 13.7%. Operating Expenses for the first quarter 2013 were $239,089 compared to $277,026 for the previous quarter ending December 31, 2012.\n\n\nAxxess Unlimited posted an Operating Net loss of $80,518 or a loss of $0.0016 per share for this quarter, versus a loss of $143,937 or a loss of $0.0029 per share for the previous quarter. \n\n\nIn the first quarter, the company saw a number of key developments, the most important of which were the signing of the definitive agreement with Azia Corporation; the successful completion of the audit by DBBMcKennon; and the signing of a Letter of Intent to acquire TDG Brands, Inc. \n\n\nThe company also announced a two-year renewal contract, valued at $1,680,000, with Safe Harbor and a three-year profit sharing contract with Michelle Cosmetics' new retail line of premium skincare products called \"MCMichelle.\" \n\n\nAxxess Unlimited, Inc.'s first quarter results ending March 31, 2013 are available on www.otcmarkets.com \n\n\n\nAbout Axxess Unlimited, Inc.\n\n\n\nHeadquartered in...