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$AXXA Net income soared to a record $3.4M, up 41.8% from the December 2020 quarter
$AXXA Dec-21 quarterly revenue jumped by 53.1% to a new record $14.2M vs 2020 results
$AXXA Exxe generates substantial revenue and net income growth year-over-year
$AXXA Exxe's roadmap includes the potential acquisition of a solar panel distributor/manufacturer as part of its objective to gain autonomy from the grid. Deploying paint and solar products to Exxe properties and large-scale commercial/government/residential tenants could result in Exxe serving in the role of alternative utility provider as well. This recurring revenue model could substantially boost revenue and save customers on their energy costs as well.
Dr. Eduard Nazmiev, Exxe Group Chief Executive Officer, commented on the green technology product and services potential. "We are very excited to enter a new phase whereby we leverage market demand for energy efficiency with our exposure and presence in key verticals and businesses. While we believe that revenue could approach $40 million per annum in a multiphase implementation, management is aiming to enter a hyper-growth and high-profit phase in this segment as we invest in targeted solar operations. Upside exists via integration within our group, including interior design for consumers, governments, and corporations, the Metaverse, and our own properties. We look forward to progress in this segment, going forward."
$AXXA daskonzept group, Exxe's high-profile interior design business, could also incorporate the use of this product for its clients. Considering the multi-million-dollar commercial and government bids in the pipeline and daskonzept's core business, even just a handful of wins could be worth substantial revenue to CARBON4000. Governments have to meet major energy-efficient guidelines and this product could aid in complying with the mandates. Separately, we believe that consumers will also seek out the product whether it be in the design phase or construction/renovation for its energy-efficient cost savings.
$AXXA Exxe plans to deploy the paint technology across its diverse commercial and residential properties in Europe that are set to grow exponentially over the next few years. As broad deployment occurs, rival property owners may need to incorporate the product as well to compete with this highly effective, efficient product, further driving sales growth.
$AXXA Today, the revenue run rate for CARBON4000 is around $2 million. However, the European building and construction sector's desire to incorporate energy-efficient products throughout their projects is driving demand for the product. To leverage this heightened demand, management plans to foster greater awareness and deployment in these sectors across Europe, which should drive major revenue growth.
$AXXA Once the patents are acquired, Exxe Group plans to leverage the technology for use in multiple markets and applications.
Building, Construction, Renovation Markets
Exxe Property Deployment
Integration with daskonzept
Exposure and Growth via Metaverse Initiative
Solar Panels & Utility Model
$AXXA The innovative heating technology is capable of operating with low-voltage electricity (radiant heat) based on the utilization of carbon fiber. As a result, the production and distribution of highly efficient and uniform surface heating for walls, ceilings, and floors through photovoltaics is attained. The heating coat can be applied to virtually any type of surface on walls, ceilings, and floors, and attain uniform heating of all of the applied surfaces, fostering fast comfortable temperatures. Keys to innovation include its easy application, low energy consumption with high efficiency and no loss of performance. Plus, it enables dynamic, swift heating, and the low-voltage technology that evenly distributes the heating requires little maintenance.
$AXXA CARBON4000 manufactures a patented, revolutionary energy-efficient heating paint for use in a wide range of applications, including the building industry in Europe. As a sustainable technology, the incorporation of the technology creates independence from fossil fuels. Given its underlying value for integration and utilization in multiple verticals, management believes that the product is poised to become a game-changer in environmental technology.
$AXXA Exxe Group, Inc. (OTC PINK:AXXA), ("Exxe" or the "Company") a diversified fintech company, is pleased to announce that it is in the final process of completing the patent purchase of revolutionary energy-efficient technology. The acquisition of the patents is set to serve as a wide-ranging revenue catalyst for Exxe, with revenue potentially approaching $40 million per annum once the multiphase rollout is implemented from product sales and deployment. This target could exceed the $40 million mark via the potential use of the technology as a utility services model for commercial and residential real estate customers. Thus, Exxe is poised to be an energy-efficient leader in key markets.
$AXXA Exxe takes an agnostic approach to the Metaverse. It is this approach that ensures Exxe's solutions offer compatibility with a number of games and platforms enabling a broad selection can select from its deep pool of experienced land acquirers, specialist artists, animators, cartoonists, digital marketers, and community builders to its clients seeking to build virtual environments, NFTs, cities, events, etc. Considering that the digital events segment is expected to be one of the most popular services in 2022, Exxe is poised to quickly grow revenue and market share, with additional platforms and products to be introduced throughout the year.
$AXXA Exxe boasts deep relationships with leading fashion directors and designers that have graced the covers of top magazines and fashion shows, artists, community builders, digital marketers, digital land acquirers, and others. The Company plans to leverage these relationships via new product/services innovation including token design and implementation, images, gaming coins, interactive applications, etc. Innovation for the Metaverse Initiative will be led by a newly formed division inside of the AXXA Venture Fund, which in itself can take advantage of innovation inside of the group focused on the Metaverse.
$AXXA The Company has partnerships in the US, China, and Europe which will enable Exxe to build on its broad, global digital communities. For customers seeking to leverage its services and reach, all business can be transacted through Exxe's 1Myle digital currency exchange and payments system. In general, offering simultaneous physical and digital events serves as a major advantage for the Company versus those firms focused on physical or digital, exclusively.
$AXXA Based on its current roadmap, Exxe management has constructed one of the most diversified and vertically integrated services suites in the Metaverse. Exxe's 1Myle Crypto recently added 20 major coins and offers integrated payment processing fintech solutions for a broad base of physical and digital entertainment content, promotion events, and products (NFTs) as well as digital marketing communities. There might be no other company in the Metaverse that can offer this integrated suite of services.
$AXXA Via its Seven Horns Films business, Exxe has years of experience in the global film business including film production and marketing, high profile film festival events in China, and digital community building in Asia and Europe. Feature film and limited series library of scripts under review for AXXA metaverse fund matching are expected to each generate 1.5 million USD in revenue in East Asian distribution including China. Today, Exxe is leveraging these activities via plans to continue featuring film festivals in the physical world and introducing them in a simultaneous virtual environment. In addition, the Company will offer concert promotion and production, along with similar services associated with educational seminars, forums, and events. Separately, Exxe management has considerable background in the fashion industry which will be leveraged to showcase physical and digital fashion events and produce exclusive, limited edition images and tokens, along with unique products.
$AXXA The new initiative will be able to strengthen the EXXE Group portfolio and add a significant amount of revenue to our overall business. By featuring leading artists and fashion designers, Exxe is primed to achieve considerable potential revenue and a global reach.
$AXXA Exxe leverages its deep experience in music, film, and fashion events, along with its digital communities, to simultaneously showcase interactive entertainment events via physical media and the virtual environment. Exxe conservatively estimating to generate an increase of at least 15% of our revenues from the sales in the content, fashion, music, film, market segments within 12-18 months.
$AXXA Exxe Group, Inc. (OTC PINK:AXXA), ("Exxe" or the "Company") a diversified fintech company, is pleased to announce it has launched a new digital footprint as part of its Metaverse Initiative. This new Entertainment focus represents some of the most popular and lucrative, interactive activities in the Metaverse. Plus, it represents another integrative layer and diversified complement to the Company's current fintech-based, digital presence.
$AXXA AVERAGE VOL (30D)
6,320,346
we are right at the bottom line, only up from here!
$AXXA 52WK RANGE
0.0161 - 0.1025
$AXXA Market Cap 13,270,049 03/10/2022
$AXXA Authorized Shares
680,000,000
02/14/2022
$AXXA Float
490,982,960
12/31/2021
$AXXA Unrestricted
571,746,055
02/14/2022
$AXXA Restricted
48,349,713
02/14/2022
$AXXA Outstanding Shares
620,095,768
02/14/2022
$CBGL Cannabis Global has filed three non-provisional and multiple provisional patents for cannabis infusion and nanoparticle technologies and continues an active research & development program.
$CBGL Cannabis Global has filed three non-provisional and multiple provisional patents for cannabis infusion and nanoparticle technologies and continues an active research & development program.
$CBGL Cannabis Global, Inc. is a Los Angeles-based, fully audited and reporting Company with the U.S. Securities & Exchange Commission, trading under the stock symbol CBGL. We are an emerging force in the cannabis marketplace with a growing product and proprietary intellectual property portfolio. We are marketing and producing Comply Bagâ„¢?, an innovative solution for cannabis storage, transport and tracking. Our subsidiary, Natural Plant Extract (NPE), is a Southern California licensed cannabis manufacturer and distributor which licenses our technologies to produce edibles for the cannabis marketplace.
$CBGL Cannabis Global, Inc. is a Los Angeles-based, fully audited and reporting Company with the U.S. Securities & Exchange Commission, trading under the stock symbol CBGL. We are an emerging force in the cannabis marketplace with a growing product and proprietary intellectual property portfolio. We are marketing and producing Comply Bagâ„¢?, an innovative solution for cannabis storage, transport and tracking. Our subsidiary, Natural Plant Extract (NPE), is a Southern California licensed cannabis manufacturer and distributor which licenses our technologies to produce edibles for the cannabis marketplace.
$CBGL Mr. Tabatabaei continued, "We are clearly realizing a renewal in growth at Cannabis Global as a result of several initiatives we put forth into the marketplace early this year. With strong inventory levels of very high-quality cannabis flower ready for shipment, about a dozen of new customers gained during the most recently completed quarter, and several new products in various stages of production for shipment over the coming few weeks, we are very positive about the future of Cannabis Global and our majority-owned subsidiaries; Natural Plant Extract of California and Northern Lights Distribution, Inc."
$CBGL Mr. Tabatabaei continued, "We are clearly realizing a renewal in growth at Cannabis Global as a result of several initiatives we put forth into the marketplace early this year. With strong inventory levels of very high-quality cannabis flower ready for shipment, about a dozen of new customers gained during the most recently completed quarter, and several new products in various stages of production for shipment over the coming few weeks, we are very positive about the future of Cannabis Global and our majority-owned subsidiaries; Natural Plant Extract of California and Northern Lights Distribution, Inc."
$CBGL In addition to gaining dozens of new customers during the February 2022 Quarter, Natural Plant Extract is also seeing strong interest in several new products that are launching over the coming weeks. Interest in the Company's unique rosin-infused pre-rolls has been strong with one brand already receiving shipments and two additional brands making commitments to carry these unique products. Additionally, Cannabis Global is now preparing to bring its cannabis-infused edible products to the marketplace. Production has already begun with packaging for the first six product SKUs expected to be delivered over the next two weeks. In addition, the Company has two additional commitments from cannabis brands to white label cannabis-infused edibles manufactured by the Company.
$CBGL "Our February quarter went as we expected, with continued strong ordering patterns for both existing and new customers. Of particular strength during the quarter were cannabis flower sales," commented Arman Tabatabaei, CEO of Cannabis Global. "We sold out of product several times, but with strong supplies in the wholesale part of the supply chain, we have been able to acquire and package more than enough flower to meet the demands of our dispensary customers. We exited the February quarter with strong inventory levels of very high-quality products and with demands from our key retailers strengthening, we believe our growth rate is sustainable."
$CBGL Cannabis Global, Inc. (OTC PINK:CBGL), an innovation-oriented company investing in disruptive cannabis technologies, today announces the closing of its fiscal quarterly reporting period ending February 28, 2022. During the quarter, the Company experienced continued growth in orders, which will allow for a meaningful increase in revenue during the period. The Company expects the strong rate of growth to continue into the current quarter, which ends on May 30, 2022.
$CBGL Cannabis Global, Inc. (OTC PINK:CBGL), an innovation-oriented company investing in disruptive cannabis technologies, today announces the closing of its fiscal quarterly reporting period ending February 28, 2022. During the quarter, the Company experienced continued growth in orders, which will allow for a meaningful increase in revenue during the period. The Company expects the strong rate of growth to continue into the current quarter, which ends on May 30, 2022.
$CBGL Cannabis Global (CBGL) Closed Q2: 2022 - Sees Substantial Continued Revenue Increases, Driven by New Customers and Premium Value Products https://www.otcmarkets.com/stock/CBGL/news/story?e&id=2146931
$CBGL Cannabis Global (CBGL) Closed Q2: 2022 - Sees Substantial Continued Revenue Increases, Driven by New Customers and Premium Value Products https://www.otcmarkets.com/stock/CBGL/news/story?e&id=2146931