Vincent Browne, Chairman and Chief Executive of Axiologix, Inc. (OTCPK:AXLX) said, "I have no idea why our stock is such a target for the short side of the market. We expect to continue to increase revenues quarter to quarter and organically grow our Company, and we are also pursuing strategic acquisitions , as previously announced, that will substantially increase our cash flows if completed. We will continue to build our business with our marketing campaigns, including exhibiting at future Cloud Technology trade shows and conferences as appropriate.

The marketplace has a way of working itself out, and regarding the short position, our best response is by increasing our enterprise value and surprising the market with significant announcements going forward".