AXIA GROUP NEWS - CEO Outlook 2007/2008: Ca. $30mio Einnahmen! - 500 Beiträge pro Seite
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Axia Group Inc. Issues Report on Recent Developments
SAN DIEGO, Dec. 13 /PRNewswire-FirstCall/ -- Axia Group, Inc. (OTC
Pinksheets: AXGJ), today issued a statement from Jeffrey Flannery, the
Company\'s CEO on recent company developments. A portion of that report is
provided in this release. A complete statement can be found on the Company
website http://www.axiagroup.info.
Stated Mr. Flannery, "Axia has made a number of significant
accomplishments which, we believe, point to the Company\'s emergence as an
international provider of building technologies and services. Last year we
fully established operations in Sri Lanka and have a number of successful
residential and commercial projects underway in that country. We have
initiated new projects in India, and have just returned from SuiJiang China
where we signed an exclusive agreement to operate a panel production plant
in that city\'s effort to rebuild itself above a river dammed for
hydroelectric power. All of this has taken place in less than a year and
offers a glimpse, we hope, into how exciting 2007 could be.
It is equally important to note that Axia has greatly expanded its
abilities to work and compete in the construction marketplace. We offer the
panel product for all kinds of construction from residential to commercial
to high rise structures. We also provide engineering, design and
construction expertise on all kind of buildings, and in this capacity we
believe we are among the best in the world. Soon we plan to manufacture and
distribute the actual machinery for the production of panels. In other
words, we are a now a complete company, comprised of what we believe are
the finest, most experienced and most success driven people in this
industry.
Many shareholders have asked for financial projections based on new
contracts. To make projections is difficult to do for many reasons and we
would not want to mislead you. First of all, we are talking about a new
technology that is just being introduced and adopted in often difficult and
underdeveloped regions of the world. Some projects may fail for reasons we
cannot control. That said, we do have goals for Axia in 2007 and 2008 which
we believe are realistic and worth publishing.
In Sri Lanka, we have gained acceptance among the government agencies
and commercial construction companies and believe that in 2007 we will see
between $3 and $5 million in new projects in this country. In Central
America, we hope to achieve annual revenues of at least $5 million in 2007.
And we hope 2007 is the year when we finally break ground on new projects
in the US market as well as introduce our products into the Middle East and
Africa.
By the year 2008, the plant in SuiJiang China, by our best estimates,
will provide between one million and three million square meters of product
per year which we plan to sell at around $5 per square meter. In India, we
expect that the two model projects we are completed, if accepted by our
Indian partners, will result in at least $2 million in new construction
projects that will completed by 2008.
Finally, we promise to have the company\'s financials published before
the end of the year. It has taken us much longer than expected to translate
and compile the entries from the various areas where we are working. That
said, 2007 will be an exciting one for us at Axia, a time when we surely
hope to see the results for all the effort we put forth in 2005 and 2006."
The full statement and more information on Axia Group, Inc. can be
found on the company web site at http://www.axiagroup.info.
Investors are cautioned that certain statements contained in this
document as well as some statements in periodic press releases and some
oral statements of AXGJ officials are "Forward-Looking Statements" within
the meaning of the Private Securities Litigation Reform Act of 1995 (the
"Act"). Forward-looking statements include statements which are predictive
in nature, which depend upon or refer to Future events or conditions, which
include words such as "believes," "anticipates," "intends," "plans,"
"expects," and similar expressions. In addition, any statements concerning
future financial performance (including future revenues, earnings or growth
rates), ongoing business strategies or prospects, and possible future AXGJ
actions, which may be provided by management, are also forward-looking
statements as defined by the Act. Forward-looking statements involve known
and unknown risks, uncertainties, and other factors which may cause the
actual results, performance or achievements of the Company to materially
differ from any future results, performance, or achievements expressed or
implied by such forward-looking statements and to vary significantly from
reporting period to reporting period. Although management believes that the
assumptions made and expectations reflected in the forward-looking
statements are reasonable, there is no assurance that the underlying
assumptions will, in fact, prove to be correct or that actual future
results will not be different from the expectations expressed in this
report. These statements are not guarantees of future performance and AXGJ
has no specific intention to update these statements.
SOURCE Axia Group, Inc.
0,01 +20%!!
Heute könnte das LOCKER ein Verdoppler werden!!!
Heute könnte das LOCKER ein Verdoppler werden!!!
Press Release Source: Axia Group, Inc.
Axia Group Inc. Signs Agreement to Acquire Assets of Costa Rica Building Company
Thursday December 21, 9:00 am ET
Establishes Axia in Central America and Caribbean
SAN DIEGO, Dec. 21 /PRNewswire-FirstCall/ -- Axia Group, Inc. (OTC: AXGJ - News), today announced that it has signed a Letter of Agreement to acquire the assets of JOWA Corporation, a Costa Rica company, in return for preferred stock in AXGJ. JOWA is an established builder of homes and multi-unit complexes using Axia's panel based technology. Axia currently has operations in Sri Lanka and South Central China.
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Stated Mr. Jeffrey Flannery, CEO of Axia Group, Inc., "This transaction gives us substantial building contracts using the Axia panel technology in the very strategic region of Central America. From this base, we feel we can expand to the Caribbean, Mexico and even the U.S. The professionals at JOWA are experts with the Axia panel technology and have built every kind of building from single family homes to resorts."
"We still need to complete an audit on JOWA's financial records," Flannery added, "but the company has represented to us that it will complete about $2 million in business in 2006 and hopes to increase that revenue level substantially in the coming years as the need for resort, luxury and residential housing in Costa Rica continues to grow."
Under the proposed terms of the agreement, all current and future contracts would be brought into Axia, while JOWA would be retained to manage the contracts in Central America. JOWA would receive a percentage of each contract as its management fee as well as preferred stock in Axia. Both parties have 60 days to complete the due diligence and execute the final agreement. More information on Axia Group, Inc. can be found at www.axiagroup.info.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of AXGJ officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future AXGJ actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and AXGJ has no specific intention to update these statements.
Source: Axia Group, Inc.
Axia Group Inc. Signs Agreement to Acquire Assets of Costa Rica Building Company
Thursday December 21, 9:00 am ET
Establishes Axia in Central America and Caribbean
SAN DIEGO, Dec. 21 /PRNewswire-FirstCall/ -- Axia Group, Inc. (OTC: AXGJ - News), today announced that it has signed a Letter of Agreement to acquire the assets of JOWA Corporation, a Costa Rica company, in return for preferred stock in AXGJ. JOWA is an established builder of homes and multi-unit complexes using Axia's panel based technology. Axia currently has operations in Sri Lanka and South Central China.
ADVERTISEMENT
Stated Mr. Jeffrey Flannery, CEO of Axia Group, Inc., "This transaction gives us substantial building contracts using the Axia panel technology in the very strategic region of Central America. From this base, we feel we can expand to the Caribbean, Mexico and even the U.S. The professionals at JOWA are experts with the Axia panel technology and have built every kind of building from single family homes to resorts."
"We still need to complete an audit on JOWA's financial records," Flannery added, "but the company has represented to us that it will complete about $2 million in business in 2006 and hopes to increase that revenue level substantially in the coming years as the need for resort, luxury and residential housing in Costa Rica continues to grow."
Under the proposed terms of the agreement, all current and future contracts would be brought into Axia, while JOWA would be retained to manage the contracts in Central America. JOWA would receive a percentage of each contract as its management fee as well as preferred stock in Axia. Both parties have 60 days to complete the due diligence and execute the final agreement. More information on Axia Group, Inc. can be found at www.axiagroup.info.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of AXGJ officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future AXGJ actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and AXGJ has no specific intention to update these statements.
Source: Axia Group, Inc.
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