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Axiom Management Inc (fka AXMA) RSS Feed

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Common Stock. We are authorized to issue up to 100,000,000 shares of Common Stock, of which 16,700,581 were outstanding at May 15, 2008. At May 15, 2008, we had more than 356 shareholders of record. note 11.7 mil issued for merger On July 30, 2007, the Company entered into an agreement with Axiom Staff Management, Inc. (Axiom Staff) whereby 100% of the issued and outstanding shares of Axiom Staff were exchanged for 11,700,000 shares of the Company. As a result, Axiom Staff became a wholly owned subsidiary of the Company Axiom Management Inc. Is on Target to Achieve 2008 Goals Jun 5, 2008 12:42:00 PM View Additional ProfilesSANTA FE SPRINGS, CA -- (MARKET WIRE) -- 06/05/08 -- Axiom Management Inc. (PINKSHEETS: AXMA) CEO James Clapp announced today that the Company is hitting its goals for calendar year 2008 by increasing its bottom line numbers. Mr. Clapp stated, "We are growing internally with our current list of customers Huffy Bicycles, FAMSA, and La Victoria, to list a few. "Axiom has been streamlined for rapid growth. We have completed our SOP to meet ISO standards and are currently working on disaster recovery procedures for IT departments to meet banking standards. We continue to target new areas of potential business by strategically aliening ourselves with companies to offer a one stop shop." With the completion of Axiom Management's 2007 audited financials statements stating over $7,000,000 in revenues, the company filed its Form 10-12G on May 15th, 2008 with the SEC to become listed on the OTC Bulletin Board Exchange. About Axiom Management Inc. Axiom Management Inc. (PINKSHEETS: AXMA) is a full-service staff recruitment, fulfillment, and human resources management company focusing primarily on clerical / technical, logistic providers, and light manufacturing as its main industry clients. In addition, the Company has established a wholly owned subsidiary to offer high margin risk management services to address rising workers compensation costs and related expenses. To learn more about Axiom Management Inc. visit: www.axiom-management.com. Axiom Management, Inc. (“Axiom” or the “Company”), publicly traded under the symbol “AXMA”, is a full-service staff recruitment, fulfillment, and human resources management company founded in 2003. Through its wholly owned subsidiary, Coastal Employment, we focus primarily on clerical / technical, logistic providers, and light manufacturing as our main industry clients. In addition, the Company has recently established an additional subsidiary to offer high margin risk management services to address rising workers compensation costs and related expenses. Axiom's philosophy is to partner with our clients to fully understand their needs, and to exceed their expectations on a daily basis. Management believes that the Company is a recognized authority in the area of safety/risk management and workplace compliance (OSHA) requirements which leads to a competitive advantage in the marketplace. It is also believed that this creates additional sources of revenue for Axiom. An additional key differentiator of the Company is its ability to market its staffing and risk management services either independently or bundled together for improved profit margins. The management of Axiom is highly experienced in many areas of workers' compensation and has successfully created specialized programs to assist clients in reducing their rising insurance costs. Axiom has achieved profitable revenue growth in less than two full years of operation while reaching over $9.9M in sales for the end of calendar year 2004; revenues of nearly $12M were realized in 2005 on a profitable adjusted EBITDA basis with projected revenues of over $40M with the completion of its current acquisition. By utilizing Axiom's personnel administration services, clients are free to focus on their core business while maintaining control of their internal work environment such as the ability to employ, terminate, set policies, supervise employees, etc. Clients of Axiom are able to successfully run their businesses while relieving themselves of the time and increasing costs associated with burdensome administrative requirements. The Company plans to continue to rapidly grow revenue and earnings by (1) increasing its core staffing operations, (2) building up the business of its Strategic Insurance Group subsidiary, and (3) undertaking an aggressive acquisition plan. The Company’s currently in discussions with a number of acquisition candidate with two (2) LOI’s and one to close by the end of February. Management believes that there is a significant opportunity to acquire profitable staffing companies that are motivated to sell at attractive prices points. Market: According to the American Staffing Association, a leading industry trade group, employment agencies and financial services are expected to have one of the largest industry growth rates over the next 25 years. The trend toward businesses cutting back on employees and their benefits due to high costs creates increased demand for Axiom's services. There is significant time, energy, and resources an employer spends in employing a person for a 20-hour task which makes outsourcing a viable alternative. Market Segmentation: The markets currently targeted by the Company can be broken down into the following three segments: Clerical and Technical Market: Clerical and other applicants with a special skill set such as engineers, information technology personnel, executive management, safety/risk management personnel, and others; tends to be one of the most profitable segments of the market due to lower direct costs such as workers compensation and higher average employee salaries; the typical gross margin for Axiom is in the 50% plus range over its direct employee cost. Logistics and Light Manufacturing Market: The Company targets warehouse and distribution, logistics, recycling, transportation, and other light industrial industries; this segment is comprised of skilled labor and certain workers are able to realize above-average salary levels; Axiom typically realizes a gross margin of 40-45% over its direct employee cost for this target market. Risk Management Market: The Company’s Specialty Insurance Group secures business friendly, cost effective, workers' compensation insurance coverage in conjunction with Axiom’s safety/risk management services for a number of industries; these value added services enable the Company to be a full solutions provider to their clients and provide greater then 50% average gross margins. Sales and Marketing Strategy The Company’s strategic sales and marketing plan includes: • Expanding on new networking opportunities • Promoting value-added opportunities in existing and future business • Increasing Axiom’s presence at leading trade show events • Utilizing Marketing/Public Relations Agency for more coverage in promoting our services • High profile interaction between our managers and the clients • Continuing to provide a high level of service in all areas. Competition: Changing labor market conditions threaten the concept of full-time permanent employment. The temporary employment industry serves businesses by connecting them with the professional contingent work force. It also serves the workers by connecting them with businesses, at no charge, and providing benefits not often provided by other employment agencies. Axiom competes with both private and publicly traded companies. Many of the companies that are publicly traded tend to be significantly larger in size then Axiom with substantial resources. Several of these competitors include Manpower MAN), Administaff (ASF), Kelly Services (KELYA), Gevity (GVHR), and others.
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