Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Exxe Group Inc. (AXXA) Message Board

NEWS AXXA Primed to Transform the Green Energy Ind

Message Board Public Reply | Private Reply | Keep | Replies (1)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 226
(Total Views: 960)
Posted On: 10/24/2019 1:33:09 PM
Posted By: WinstonNC
NEWS AXXA Primed to Transform the Green Energy Industry >

NEW YORK, Oct. 24, 2019 (GLOBE NEWSWIRE) -- Exxe Group Inc. (OTC PINK: AXXA), a diversified company focused on synergistic acquisitions in real estate, sustainable technology, media, financial services, and agribusiness, today announced that through its subsidiary, finalized and acquired a controlling interest in Mylestone Capital GmbH, a parent company, for game changing breakthrough innovation in sustainable heating industry. Mylestone Capital GmbH has a revolutionary heating system based on infrared technology that is already distributed and installed throughout Europe. Given the broad shift away from fossil fuels on a global scale, this patented technology can be deployed as an efficient, cost-effective alternative energy source to markets that could reach $500 billion annually.


Acquisition Overview and Expectations

Currently valued at $20 million, Exxe Group projects its controlling stake shall be worth a figure substantially greater, and thus the Company with its partners, plans to budget $10 million for the first phase of global rollout, as the technology is broadly deployed in markets across the globe. In 2018, the Technology generated over $1.7 million in sales across Europe, with a healthy 15% EBITDA margin. At present, EXXE Group Inc. believes that with its distribution channels and leadership behind it, total sales could grow exponentially over the next few years and implement the leap into the North American and APAC market. Mylestone’s offering represents a near term $500 million market and revenue opportunity and management believes that as broad deployment occurs, it could grow at a rate well above the global renewable energy industry.

The end use markets are broad and deep as this approach can be distributed to and then applied to heat commercial and residential buildings, factories, vehicles, and can generate substantial energy consumption savings and uniform heating in the industrial, aviation, aerospace, and defense sectors. One of the key target markets Exxe Group plans to exploit is oil refineries along with other outdoor opportunities in cold climates.

Technology Overview

Mylestone, which itself represents the combination of two entities, offers an innovative heating technology 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. Moreover, with a permanent cool but not dry air there is little risk of condensation (catalyst for mold), and eliminates the air stirred up inside the structure driving one’s allergies. 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 distributes the heating requires little maintenance.

Doctor Eduard Nazmiev, PhD, CEO of Exxe Group, said: “With this acquisition, EXXE Group Inc. has taken another significant step in the implementation of our growth strategy, particularly in the sustainable energy space, creating entry into a multi-billion dollar future market. We are excited to be able to acquire a majority stake in a high-growth and profitable company with such innovative technology and such broad potential.”

Boris Matsokhin, Managing Director of Strategy, added: “We plan to strongly invest in the distribution of Mylestone’s offering given the clear financial and environmental advantages inherent in the technology versus competing products and approaches. Thus, we expect to ultimately position Mylestone as the standard for sustainable, heating technology across all industries, structures, and vehicles.”


(0)
(0)




Exxe Group Inc. (AXXA) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us