Axiologix Inc. (www.axiologix.net),
(AXLX.PK) an International Technology and Services Organization focused
on delivering ‘Cloud’ Products and Services today announces that it has
commenced the process to re-list on the OTC Bulletin Board (OTCBB) as
soon as possible.
Generally, companies listed on the OTCBB gain greater credibility and
appeal to a wider investment community than those listed on Pink Sheets.
Re-listing on the OTCBB requires the Company to complete an audit for
its year ended May 2012 and file the necessary forms with the Securities
and Exchange Commission, which the Company expects to complete by the
end of October 2012.
Vincent Browne, Chairman and Chief Executive of Axiologix Inc., said “The
Company was listed on the Bulletin Board until October 2011 when it
elected to deregister its stock to save costs. Since the acquisition of
VOIP ACQ in January and Prime Carrier in March, the Company has seen its
first revenues and positive EBITDA reported for the quarter and year
ended May 2012. With revenues continuing to grow and other acquisitions
planned we feel that the time is right to once again list on the OTCBB.
We believe that being a fully reporting Company again, will enable
Axiologix to address a wider investment community which should generate
a better return for shareholders going forward.”
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 New Jersey, 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 Securities
and Exchange Commission and 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(s) : Axiologix, Inc.