Ealixir Inc (EAXR)

[bradraine]

From the AXLX BOARD...
R/M per filing Due to the lagging economy, the Company determined to make an acquisition that would improve shareholder value. On January 17, 2012, the Company acquired VOIP ACQ, Inc. (“VOIP”) through a reverse merger. The Company acquired substantially all of the assets and liabilities of VOIP in exchange for a total of 1,150,000,000 shares of AXLX restricted common stock (the “Shares”) pursuant to a definitive Contribution Agreement dated November 30, 2011 among AXLX and VOIP (the “Contribution Agreement”). VOIP has a number of agreements to acquire part or all of the issued share capital of a number of potential acquisitions in the VoIP and Cloud Services markets. Although VOIP is the legal acquirer, for accounting purposes Axiologix is the accounting acquirer. Following the completion of the reverse merger with AXLX, VOIP will now move to complete these acquisitions.
Following completion of the reverse merger with VOIP ACQ Inc, Axiologix Education Corporation has changed strategic direction to focus on Cloud technologies and services beyond the education market. As part of this new strategy, on March 5, 2012 the Company completed the acquisition of a cloud services company in Ireland and has non-binding agreements to basic business terms to acquire additional Cloud based technology and service companies. A key area of the new strategy is to build a U.S. nationwide provider of VoIP (Voice over Internet Protocol) telecom and data services, currently the largest Cloud services market globally. The existing educational software and on-line services operations are now housed in a wholly owned subsidiary, Axiologix Holdings Inc.
The Company is headquartered at 90 Washington Valley Rd., Bedminster, NJ 07921, and its telephone number is 908-719-8920.