Axiologix, Inc. Sees Assets Nearly Double In Past Nine Months:
Pending Acquisition To Bring Annual Revenues Past $6 Million With
Positive Earnings.
SARASOTA, 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
Additionally, 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.
Dennis 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."
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About Axiologix, Inc.
Axiologix, Inc. is an International Technology and Services
Organization focused on delivering Cloud-based Products and
Services to small and medium sized businesses primarily in
the United States and to operators
globally. Axiologix is headquartered in Florida, with international operations in
Dublin, Ireland. Additional
information may be found at www.axiologix.net
This press release contains forward-looking statements. Words
such as "expects", "intends'', "believes'', and similar expressions
reflecting something other than historical fact are intended to
identify forward-looking statements, but are not the exclusive
means of identifying such statements. These forward-looking
statements involve a number of risks and uncertainties, including
the timely development and market acceptance of products and
technologies, the ability to secure additional sources of finance,
the ability to reduce operating expenses, and other factors
described in the Company's filings with the OTC Markets Group. The
actual results that the Company achieves may differ materially from
any forward-looking statement due to such risks and uncertainties.
The Company undertakes no obligation to revise or update any
forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release.
SOURCE Axiologix, Inc.