Axion Spatial Imaging (ASII) Announces Shareholder Update
LAS VEGAS (Business Wire EON) April 14, 2008 --
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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