OTTAWA, ONTARIO--(Marketwire - July 18, 2012) -
This document corrects and replaces the press release sent on July 18, 2012 at 11:55 AM ET.
Axia Group (PINKSHEETS:AGIJ) (http://www.axiagroup.com/) Collagenna Skin Care Products/Melem Secret has made a firm offer to merge with an existing Vitamin E-Commerce Super Store. www.vitamins2buy.com
Michael Arnkvarn, AGIJ CEO states "We feel that this is a material event that warrants a public notice. We have been talking for a while with the owner of this US based drop ship site which focuses mainly on brand name vitamins. There are over 1200 products available on the site and it has an active customer list which we have tested and gotten good response. This company was started in 2004 and was very successful but had lost much of its momentum over the past 2 years for a variety of reasons. We at AGIJ feel that we have the expertise and resources to optimize our internet rankings to do a complete 180 degree U turn. We will also develop our own Melem Secret brand which will allow us to improve gross margins and make this a profitable venture. The transaction should be completed at the earliest in the next few days to longest 10 days from now. It is a firm binding offer. Moreover, it is an all cash deal without any stock being involved, nor any dilution. We have been discussing over the past few months with a variety of similar E-Commerce sites. Our research indicates that it is not uncommon to see sales of over $1 million in this field. This transaction can prove to be quite important as part of our strategy to increase our US presence and increase revenues."
In other company news and events Mr. Arnkvarn concluded "We are not at liberty to discuss our DTCC matter publicly or privately. We can say that: all is well and going good." We kindly ask our followers to refrain from calling our staff and inquire about the company progress and to direct those investor type questions and calls to our new IR Magna Business Consultants. Our staff needs to focus on the day to day operations of running Collagenna and they really have neither experience nor insight on the inner workings of AGIJ. The AGIJ staff has received strict instructions not to answer any non product calls or questions.
Collagenna Skin Care Products specializes in Anti-aging products with an emphasis on Collagen stimulation both topically and internally. The company sells its products mainly through specialized skin care clinics through its every expanding network of distribution partners.
More details and updates will be provided shortly and on a timely basis.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Axia Group Inc., that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Axia Group Inc. cautions you that any forward-looking information provided by or on behalf of Axia Group Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Axia Group Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Axia Group Inc.'s control. In addition to those discussed in Axia Group Inc.'s press releases, public filings, and statements by Axia Group Inc.'s management, including, but not limited to, Axia Group Inc.'s estimate of the sufficiency of its existing capital resources, Axia Group Inc.'s ability to raise additional capital to fund future operations, Axia Group Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Axia Group Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Axia Group Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.