Axis Technologies Group, Inc. (OTC Pink: AXTG) Announces Chief Financial Officer
Axis Technologies Group, Inc. (OTC Pink: AXTG) has appointed Richard J Casinelli as the new Chief Financial Officer, effective June 8, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Axis Technologies Group, Inc. (OTC Pink: AXTG) has appointed Richard J Casinelli as the new Chief Financial Officer, effective June 8, 2022. Casinelli brings over 35 years of public accounting experience, including auditing, tax compliance, and financial reporting. CEO William TiEN expressed confidence in Casinelli's ability to enhance the company’s global financing strategies, particularly in decentralized finance (DeFi). AXTG focuses on fintech, blockchain, and metaverse projects to capitalize on emerging market opportunities.
Positive
- Appointment of Richard J Casinelli as CFO is expected to bring valuable experience.
- Casinelli has over 35 years of public accounting experience, enhancing leadership capabilities.
Negative
- None.
Details
News Market Reaction – AXTG
The recorded move for AXTG in the trading session of this news was +4.95%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Los Angeles, CA, June 08, 2022 (GLOBE NEWSWIRE) -- Axis Technologies Group, Inc. (OTC Pink: AXTG) ('AXTG' or the 'Company') today announced the appointment of Richard J Casinelli, as chief financial officer (CFO) and principal financial officer, effective June 8, 2022.
“Richard will added tremendous value to Axis Technologies Group and brings a depth of experience to the role,” said William TiEN, president and chief executive officer. “Richard is a veteran finance operator who provide traditional business finance experience and shares our values. We are excited to have Richard take this next step with us as we move the company forward in this new decentralized finance era. He will help design and implementation of the company's global financing activities.”
Axis Technologies Group, Inc.:
Axis Technologies Group, Inc. (OTC Pink: AXTG) is a publicly traded holding company focused on the promotion, development, management and marketing of various aspects of businesses surrounding all aspects of decentralized finance (DeFi). Through acquisitions, strategic investments, and its current investment holdings, AXTG seeks to support, develop and take advantage of various fintech, blockchain, DeFi, NFT, carbon offset digitization and metaverse projects, opportunities and initiatives. Please visit our site at www.AXTG.us for more information.
About Richard J Casinelli:
Richard J Casinelli has over 35 years of US Public Accounting Experience inclusive of Auditing, Tax Compliance, and Planning and Financial Reporting. Managing Director of MHC Advisors PC handles Litigation Support Mergers and Acquisitions. Equity Search , Inc. was started in 2008 as an investment company by Richard Casinelli, CPA, MST. In 2017 The Company invested in Pro-4 Marketing, LLC to import from China, flashlights and lanterns in the USA . He also had a strong background in distribution and marketing/sales displays. He have extensive experience in advisory to public listed companies, finance and business operations.
Safe Harbor Statement
This press release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to anticipated revenues, expenses, earnings, operating cash flows, the outlook for markets, and the demand for products. Forward-looking statements are no guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. Such statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of the Company's industry and competition. The Company assumes no duty to update its forward-looking statements.
CONTACT:
Axis Technologies Group, Inc.
ceo@axtg.us
Twitter: @AXTG2021
StockTwits: https://stocktwits.com/symbol/AXTG
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.