AXCG NEWS ON THE WAY VERYEVRY SHORTLY~~~I JUST SPOKE WITH THE AXCG OM{PANY & news will be out in approx. 1hr due to delays.... but as WE ALWAYS PEOMISE its shows....
so news is on the way, it is killers news, and re-read last nights news for an indication of what's coming
Eyes on the Go, Inc. (OTCQB: AXCG) Revenues in an Uptrend
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Eyes on the Go, Inc. (OTCQB: AXCG), who owns GANDER.tv, a rising force in the online video industry, announced on Friday, September 27th, that it had seen a dramatic increase in web traffic, which had a positive impact on revenues. Extrapolations of future quarterly revenues remain optimistic at this point as the growth has noticeably continued.
AXCG reported that traffic to their website increased by 570% in just under three months. Due to their monetization strategy of serving online advertisements, pay-per-view programming, and sponsorships, their revenues also increased by 500% from Q1 2013 to Q3 2013 as well. The rate of content creation has risen from 75 live and recorded events per week to over 160 pieces of video content weekly; creating many more opportunities for viral marketing. The company currently has over 270 hours of original video content hosted on their websites.
Chris Carey, CEO of AXCG, remains optimistic about the future of the company. In the most recent press release, Mr. Carey stated, “We expect our revenues to grow again in Q4, as we should reach as many as 300,000 views by the close of the year. This should put us on track to possibly break even within the first quarter of 2014, and, perhaps see our content approach 1,000,000 views.”
With the company being based in New York City, there will be no shortage of new content to record and upload, leaving the site with the ability to grow as rapidly as their revenue stream will allow. At current growth rates, Mr. Carey anticipates profitability in either the 2nd or 3rd Quarter of 2014. As things progress, AXCG is also building relationships with more clubs and artists, which will aid in the addition of new content and special promotions in the future. With these fundamental developments in place, GANDER.tv could grow very rapidly.
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