Thursday, December 05, 2013 7:14:15 PM
As for the CEO? Where do you see Vince stepping down?
This just stinks of you know what.
Here you have a cheesy co with a market cap of a few hundred thousand, suddenly they acquire a million dollar co with their credit line lol. This is so funny how this scammer works. Had things been legit, that co should be paying 30-40K to acquire axio instead of the other way around. This truly is hilarious and Browne is brilliant in get away with all these co he runs
The management team at iWorld is staying with the group post transaction, with Mr. Falchi transitioning from CEO to President of iWorld Services in a continuing role.
Mr. Falchi, President of iWorld Services said, "We are very pleased and excited with this acquisition by Axiologix as it will allow us to underpin our activities in the high growth emerging markets and provide the necessary marketing and technology experience to continue our expansion and to bring additional services and products to our existing 300 distribution and reseller partners going forward. We operate in a very fast moving and ever changing marketplace and being part of the Axiologix group, and their plans for further strategic and complimentary acquisitions, leads us to believe that we have chosen the correct time to sell to the correct partner to move the business forward."
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