$AXLX Company Overview & Description
Axiologix Inc. is an International Technology and Services Organization focused on delivering Cloud-based Products and Services.
Axiologix is headquartered in New Jersey, with international operations in Dublin, Ireland. Axiologix is a US listed company under the ticket AXLX.PK Axiologix was founded by a team of telecom and technology experts with a proven track in building and maintaining international technology companies.
Additional information may be found at http://www.axiologix.net
$AXLX Key Company Management
Vincent Browne, Chairman and Chief Executive Officer
Vincent has a proven record of success in the ICT sector with a career spanning over 25 years. During this time he has served at senior management levels in large multinationals and public companies.
Currently Chairman and CFO of Flint Telecom Group Inc, a U.S. publicly traded company (FLTT.PK). Since founding Flint in 2005, Vincent has built the business from inception to peak annual revenues of $34 million for FY 2010. Flint ranked 72 and 78 in the Deloitte North America Technology Fast 500™ for 2010 and 2011 respectively.
Previously Vincent was Head of Procurement with Esat Telecom Group, Ireland's leading competitive, operator and quoted on NASDAQ. In this position, he managed annual expenditure in excess of $250 million and also managed the carrier services wholesale division of with responsibility for unit profitability as well as supporting retail sales and subscriber acquisition programs. Esat Telecom was purchased by BT for $3.2 billion in June 2000. Vincent’s formative career was with Siemens in Ireland managing the Products Business Segment with annual revenues in excess of $50 million and 8 years of profitability.
Vincent holds a BComm degree from University College Dublin and is a regular contributor in commercialization of research and technology projects with the Technology and Enterprise Campus at Trinity College Dublin.
$AXLX Contact Info
Axiologix Inc.
US Headquarters
90 Washington Valley Road
Bedminister
New Jersey
07921
USA
Telephone: +1 (908) 719 8920
Fax: +1 (908) 781 1489
International Headquarters
Axiologix Ltd.
Lis Cara Business Centre
51-52 Fitzwilliam Square West
Dublin 2
Ireland
Telephone: +353 (0)1 665 0448
Fax: +353 (0)1 6650480
$AXLX Recent Developments
Headlines
Axiologix to generate over $1 million in profitable annual revenues from new Irish subsidairy
Quote:
June 14, 2012 — Axiologix Inc. (www.axiologix.net), (AXLX.PK) an International Technology and Services Organization focused on delivering ‘Cloud’ Products and Services today provides an update on the performance of the recently acquired Prime Carrier business (www.primecarrier.com).
Prime Carrier’s ‘MOST’ solution is an easy-to-use Cloud-based software solution that supports the complex inter-carrier trading of international voice traffic and reduces an operator’s termination costs by ensuring that the best available rates are used in their network routing. The newly acquired business, based in Dublin, Ireland, has a customer base spanning all corners of the globe, including market-leading operators such as RomTelecom, UPC, BSkyB, Jajah (Telefonica), Telecom Colombia USA and KVH. Since the acquisition, Prime Carrier has won some additional new business bringing current recurring annual revenues to in excess of $1 million generating gross margins of 95% and a positive net income.
The recent acquisition of the Prime Carrier business was undertaken via Axiologix Limited, a wholly owned subsidiary of AXLX, registered in Dublin, Ireland. The transaction included the transfer of all Intellectual Property, Customer Contracts and Employees and was primarily funded by the assumption of debt that is to be repaid over 2 years and the issuance of AXLX stock. Full details of this transaction can be found in the Company’s Supplemental Information Statement filed through the OTC Markets Disclosure and News Service on April 20, 2012.
Vincent Browne, Chairman and Chief Executive of Axiologix Inc., said, “This was the first acquisition we have made as part of the new direction for Axiologix focusing on Cloud services and technologies. We have exciting growth plans for Prime Carrier into new markets targeting mobile service providers and emerging IP operators that will require this solution as their business models develop. We also have a number of initiatives underway to expand our partnerships to introduce new products and services to our existing and loyal customer base. In addition to growing organically with Prime Carrier, we are at various stages of agreement to acquire further companies in the Cloud services area, that will increase operations and growth if and when completed.”
For the full release - see here http://www.axiologix.net/files/News_2-0_35955.pdf
Axiologix Updates Shareholders And Potential Investors On Recent Developments And New Strategy
Quote:
June 7, 2012 — Axiologix, Inc. (www.axiologix.net), (AXLX.PK) an International Technology and Services Organization focused on delivering Cloud-based Products and Services, today provides the following corporate update to shareholders and potential investors on its strategy following the acquisition of VOIP ACQ Inc and the sale of its education operations.
On January 17, 2012 Axiologix acquired substantially all of the assets and liabilities of VOIP ACQ, Inc., which had a number of agreements to make acquisitions in the VoIP and Cloud Services markets. On March 5, 2012 Axiologix completed the first of these acquisitions with the purchase of the assets and intellectual property of Prime Carrier (www.primecarrier.com) via Axiologix Limited, a wholly owned subsidiary of AXLX, registered in Dublin, Ireland. The transaction included the transfer of all Intellectual Property, Customer Contracts and Employees. On May 10, 2012 Axiologix sold its education company to Mr. John Daglis, the previous CEO and Director for the return of approximately 24 million shares of AXLX restricted common stock held by him.
For the full release - see here
http://www.axiologix.net/files/News_1-0_44885.pdf
SEC Filings
http://finance.yahoo.com/q/sec?s=AXLX+SEC+Filings
Industry
http://finance.yahoo.com/q/in?s=AXLX+Industry
chart:
$AXLX Products & Services
Axiologix Limited
International Wholesale Carrier Rate & Route Optimization Software
On March 5, 2012 Axiologix completed the acquisition of the assets, business operations and customer contracts of Prime Carrier Ltd., through a wholly owned subsidiary Axiologix Ltd., based in Dublin, Ireland.
Following this acquisition Axiologix Ltd. will continue the business under the registered business name "Prime Carrier".
Prime Carrier is the proven leader in ‘On Demand’ solution to support inter-carrier trading of International Voice traffic. The MOST solution offers an easy-to-use Cloud-based software that can reduce a Telecommunication Carrier's costs by ensuring that the best rates are used in their Traffic Routing.
For further information of Prime Carrier's solutions please see www.primecarrier.com
Prime Carrier is a registered business name of Axiologix Ltd, Company Number: 443993
Registered Offices: Lis Cara Business Centre, 51-52 Fitzwilliam Square West, Dublin 2, Ireland
Axiologix is creating a nationwide Service Provider of Voice, Data and Cloud services to small and medium size businesses primarily in the United States, and to other operators globally, by acquiring strategic technology assets and existing turnkey VoIP and independent operators.
Axiologix's clear strategy is to make carefully selected acquisitions that will improve shareholder value by using group resources to ensure each operating company have the tools they need to be competitive in the market place and benefit from the economiesof scale provided by a larger organization that are not available to them on their own.
Growth
This opportunity has arisen from the large number of new entrants into the emerging VoIP Telecommunications market over the past number of years that have been successful in acquiring customers and revenues but are unable to achieve sufficient scale to deliver sustainable growth without further investment that has been hard to find in recent years. Axiologixfocuses on acquiring companies that have proven existing revenue streams with neutral or positive cash-flows/EBITDA at time of acquisition so that greater profits can be generated from the combined entities.
Benefits
Axiologix's operating companies benefit from the economies of scale associated with becoming part of a larger group; they are more competitive, have greater resources to draw from and are more secure financially. All of which offers security to their business and their customers and facilitates further organic growth.
$AXLX Financial Reporting/Disclosure & Security Details
OTC Pink™ Current Information
Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Markets Group Guidelines for Providing Adequate Current Information (pdf) are designated as OTC Pink Current Information.
AXLX follows under these guidelines on the OTC Pink current information market tier.
Investigate more @ http://www.otcmarkets.com/stock/AXLX /quote for more due diligence.
Share Structure
Market Value1 $1,737,239 a/o Jun 22, 2012
Shares Outstanding 526,436,036 a/o Feb 29, 2012
Float Not Available
Authorized Shares 750,000,000 a/o Feb 17, 2011
Par Value 0.001
Shareholders
Shareholders of Record: 267 a/o Oct 17, 2011
Transfer Agent(s)
Island Stock Transfer
15500 Roosevelt Boulevard
Suite 301
Clearwater, FL, 33760
727-289-0010
http://www.islandstocktransfer.com
info@islandstocktransfer.com
Financial Reporting/Disclosure
Fiscal Year End: 5/31
Profile Data
SIC - Industry Classification: 4813 - Telephone communication, except radio
Incorporated In: NV, USA
Year of Inc: 2009
Security Notes
Capital Change=shs increased by 5 for 1 split. Ex-date=10/18/2010. Rec date=10/04/2010. Pay date=10/15/2010.
Latest Report
Apr 20, 2012 Quarterly Report
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=78963
Before You Invest - Investigate! Always do your own due diligence
A critical part of the due diligence: Please be aware, that upon completion of in-depth due diligence there is still a risk factor in all forms of investing.
Please note not all company websites are updated on a regular basis so you should use additional content sources to ensure accuracy.
Resources used in this post: otcmarket.com, www.finance.yahoo.com, AXLX website
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