Las Vegas, NV -- (SBWIRE) -- 03/11/2013 -- AXIOLOGIX INC (PINK: AXLX) provided a guidance on the financial results of third quarter that ended on 28th February, 2013.
According to the report, revenues for the year were expected to reach $240,000. In a period of nine months that ended on 28th February, 2013, the revenues reached up to $700,000. This is against zero revenues in the last fiscal year for the same period. The gross margins are intended to be maintained at 90%.
The total shares that were issued and outstanding common stock of Axiologix Inc are 1.63 billion till 28th February. The free float at the end of the third quarter was 525 million.
The Chairman and Chief Executive of AXLX said they continue to build a business that would show consistent results even while investing for future developments. They would achieve this by strategic acquisitions and organic operations.
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