Axiom Holdings, Inc.
Axiom Board & CEO is in the process of rescinding shares related to CJC reverse merger, and is seeking a Court Injunction to restrict such shares

June 22, 2017

Axiom Holdings, Inc., (OTCQB: AIOM), a Nevada corporation, announced today, based on continued review of documents and post activities after a news release in December 2016 related to a Reverse Merger with CJC (Hong Kong) Limited, the Company makes the following statement:

"There were a number of contractors and 3rd party individuals involved in the Reverse Merger in December, 2016 with CJC Limited," stated Curt Riley, CEO & Board of Directors of Axiom Holding, Inc.  "Regardless of many documents provided to our company, it now appears the merger was never completed, therefore, I, as CEO and the sole Director, am now taking steps to rescind the shares that were issued to the CJC shareholders including major shareholders Hu Deng Yang, Yang Chau. Jeffrey Martin, and Rex Cheung and will be investigating if such shares were used or sold without completing such transaction.  Furthermore, Axiom will be seeking a Court Injunction to restrain such shares from being transferred until such investigation is completed and/or a Court hearing to have such shares rescinded.  Furthermore, the company is refusing attempts by such individuals to install new officers and board members of Axiom.  Axiom and I, individually, are working to gather the documentation and evidence in order to respond to the SEC subpoena to the best of our ability and protect the remaining shareholders of Axiom."

ABOUT Axiom Holdings, Inc.

Axiom Holdings, Inc., is an Independent power producer that develops, builds, owns and operates power generation plants and hotels. Axiom Holdings will continue to leverage its global partnerships with real estate owners and hydropower developers and expand its asset portfolio through acquisition and development of an identified pipeline of projects. Axiom's strategy is to continue to acquire power companies and hotel operating companies in China, Europe and South East Asia.


The company cautions readers not to place undue reliance on any statements this news release contains, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

For more information:

Axiom Holdings, Inc.

Curt Riley
Tel: +852-3796-3798
E-mail: curt@axiomholdings.info

Link http://electricenergyonline.com/detail_news.php?ID=644855
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