Axion Spatial Imaging (ASII) Announces Shareholder Update
14 April 2008 - 3:44PM
Business Wire
Axion Spatial Imaging (Pink Sheets: ASII) today announced recent
developments and would like to update shareholders. The Company has
issued an increase in the authorized shares from 100,000,000 to
1,000,000,000 in order to accommodate plans of completing pending
acquisitions. The Company has not filed a 504 financing and there
are no immediate plans of filing such dilutionary financing. The
Company would also like it noted that unlike reports by the Nevada
Secretary Of State website, there is no forward split or reverse
spilt accruing. �The acquisition of the multinational distribution
company supports ASII�s strategy of focusing on revenue growth and
profit generation. It expedites the corporate goals in the US as
well as opens new business opportunities internationally. The
Company hopes to have this acquisition finalized within the next
couple weeks, and is excited to partner with a diversified,
multinational corporation with steady revenue streams worldwide,"
stated Axion Spatial Imaging Inc. President, Ricardo Perez
Rodriguez. Safe Harbor Statement: Except for historical information
contained herein, the matters set forth above may be
forward-looking statements that involve certain risks and
uncertainties that could cause actual results to differ from those
in the forward-looking statements. Words such as "anticipate,"
"believe," "estimate," "expect," "intend" and similar expressions,
as they relate to the Company or its management, identify
forward-looking statements. Such forward-looking statements are
based on the current beliefs of management, as well as assumptions
made by and information currently available to management. Actual
results could differ materially from those contemplated by the
forward-looking statements as a result of certain factors such as
the level of business and consumer spending, the amount of sales of
the Company's products, the competitive environment within the
industry, the ability of the Company to continue to expand its
operations, the level of costs incurred in connection with the
Company's expansion efforts, economic conditions in the industry
and the financial strength of the Company's customers and
suppliers. The Company does not undertake any obligations to update
such forward-looking statements. Investors are also directed to
consider all other risks and uncertainties.
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