Anyone who says beauty is more than skin deep to a woman is like telling a man that money is the root of all evil and usually comes from someone has lacks one or both. Well, as they say, you can have your cake and eat it too, Axia Group Inc. ( AGIJ ) shares ignited today as Collagenna Skin Care enters into merger talks. AGIJ stock price rose 50% today to 0.0009 on the rumor that Collagenna Skin Care Products/Melem Secret was discussing a possible merger with an existing Vitamin/Supplement E-Commerce Super Store.
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AGIJ Stock Chart
The Company has been on a PR tour in recent weeks having announced that Collagenna Skin Care Products will be promoting its newest DermaMagie product with RDeals.ca, a division of Roger Communications who are one of Canada’s largest communications companies with companies in the wireless, internet, telephone, Television, mass media and now coupon deals. The Company also announced two weeks ago plans to open 2 more corporate owned clinics in Q3 2012 after the success of their retail outlet at the Company’s Stittsville location.
Axia Group even announced in last month that it will open its first International Clinic Concept in Dubai at some point in July after Axia’s CEO, Michael Arnkvarn, and other Company executives have been planning the project for over 1 year now through a Middle eastern group. After several trips to Dubai and other Middle East points of interest, the Company received several expressions of interest and even came to an agreement with a qualified Middle Eastern doctor who will be opening the Collagenna Skin Care clinic.
All of this after Axia Group became current with their filings at OTCMarkets. Of their recent filing for the period ended March 31, 2012, the highlights include:
Authorized Shares: 1.5 Billion
Shares Outstanding: 956,915,415
Float: Approximately 600 Million according to Michael Arnkvarn, Axia’s CEO
Cash: $15,150
A/R: $45,568
Inventory: $35,456
Current Liabilities: $64,025
Long Term Liabilities: $0
For the Three Months Ended March 31, 2012:
Sales: $123,577
Cost of Sales: $30,696
Operating Expenses: $79,155
Net Profit: $13,726
About AGIJ Stock
Axia Group Inc.’s, operating as Collagenna Skin Care Products, is a natural health products and cosmetics company. The main products the Company produces provide anti-aging skin care solutions that visibly repair and rejuvenate. Collagenna Skin Care products are the result of extensive research and development by Canadian scientists and are created using pure, natural and odourless 100% soluble Native Marine Collagen. Designed to nourish, repair and rejuvenate the essential ingredients of the skin, Collagenna’s unique skin care method replenishes proteins, lipids and sugars. Products include serums, moisturizers, cleansers, exfoliants and body care creams.
Collagenna’s products also include Melem Secret neutraceuticals that provide an all-natural solution to improve the quality of your skin from the inside out. The supplements work alone or in combination with skin-care products to achieve noticeable results and a healthy glow.
Bottom Line: We know penny stocks and we know that many of you don’t like to trade triple-zero stocks, but you have to make an exception with AGIJ . With the press release bingo and recently updated to current status on the OTCMarkets, AGIJ stock could be in the early stages of flight.