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Exxe Group Inc.
EXXE GROUP ANNOUNCES THE STAGE IS SET FOR ACCELERATED GROWTH IN 2019
Published Jan 29 2019
5 min read

EXXE GROUP ANNOUNCES THE STAGE IS SET FOR ACCELERATED GROWTH IN 2019

EXXE GROUP ANNOUNCES THE STAGE IS SET FOR ACCELERATED GROWTH IN 2019

 NEW YORK, January 29, 2019 (GLOBE NEWSWIRE) -- Exxe Group, Inc (OTC: AXXA), a diversified holdings company focused on synergistic acquisitions in real estate, fintech, AI, media and financial services has released a report that indicates an accelerated pace of successful acquisition and deal flow in 2018. Management expects this accelerated pace will result in a substantial increase in the Company’s asset portfolio on its way to its near term target of finalizing on more than $100 million of assets in various stages of acquisitions by the end of Q1 of 2019.

Dr. Eduard Nazmiev, Ph.D., CEO of Exxe Group, reported that “2018 set the stage for Exxe Group to show accelerated growth in the coming months. I’m pleased that we have met our initial asset acquisition goals and that as of this date, we have closed on well over $40 million of our near term planned acquisitions, and nearly $60 million in acquisitions, some of which are undergoing due diligence while the rest are in advanced stages of negotiation with  binding MOU’s expected to close before the end of Q1 of 2019.

 The company reports that $20 million of the targeted acquisitions that are expected to close in Q1 this year will expand the company’s high tech and media holdings. Dr. Nazmiev added, “Our heavy focus on the acquisition of technology and media industry assets is a critical component of the company’s near term strategy and should dramatically increase the Company’s revenue outlook through 2019.

The Company has engaged an internal communications team that is committed to keeping its investors informed of fast-breaking developments related to the company’s acquisition strategies.  It will report also on progress related to the development of the company’s portfolio initiatives that are designed to increase the potential for growth and profitability through improvements in management, structure, market positioning and strategic guidance.  The company intends to provide a series of informative weekly social media updates or releases starting the first week of February 2019.  In addition to press releases, the company will communicate directly to investors via Twitter and other social media channels.

CURRENT ACQUISITION HIGHLIGHTS

$20 million in five luxury residences in New York City and Miami, Florida    

$19 million of Real Estate Backed Deals in Germany and Switzerland

$11 million+ MOU for three hotels in Germany     

$30 million an approximate estimated value of the project for Senior’s 5 star resort, MOU signed

Our Fintech/AI deals (CleverGuides, Inc, Neccentric, Softmart) – details of the company’s tech/media portfolio will be addressed in upcoming media communications & press releases.

About Exxe Group: Exxe Group is a diversified corporation focusing on acquisitions in the following sectors: real estate, technology, media, and financial services. Exxe Group is an acquisition-driven company. The company’s strategy is to acquire controlling equity interests in undervalued companies and then take an active role in improving their performance - accelerating their growth by providing both access to capital and management expertise.

To stay informed go to  www.twitter.com/exxegroup  

CONTACT: Exxe Group IR info@exxegroup.com

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the time sat, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release.