EXXE GROUP ORD (OTCMKTS:AXXA) previously known as Telecorp. under the ticker, TLNUF is surging (204%) as the new GDPR compliance laws in Europe approach. In fact, AXXA is up over 1000% over the last 30 days with steady volume at 8M daily. These data and privacy rules are opening up space in the market as corporations work to comply. AXXA’s SoftSmart product is GDPR compliant and targets the loan decision and underwriting areas.
Jason Cataldo, CEO of TLNUF, said, “It is exciting to see the strategies and aggressive steps that were taken upon the acquisition of SOFTSMART 2.0 come to fruition. The management team has quickly and efficiently created a solid combination of products and services that are continuing a profitable strategy.”
Mr. Cataldo continued, “The Lending Decision Platform is a remarkable leap forward in how lenders are able to make loan decisions. The Platform is designed to solve all of the known issues in capturing quality loans.”
EXXE GROUP ORD (OTCMKTS:AXXA) aka Telecorp is a North American emerging technology company headquartered in New York, New York, with operations in over six countries. The company was formally incorporated on April 13, 2009 in the Province of Ontario, Canada.
Since 2016, Telecorp has shifted its business focus and strategy to pursue acquisitions in Hard Assets, Financial Services, Technology, Product/Distribution and Management Consultancy. As a part of this business transition, The Company began screening a number of potential acquisitions that would broaden services, products and talent into the Company.
Companies that will be considered for acquisition are required to have one of 3 main qualities: they must be progressive and established in the global marketplace, they are built upon innovative ideas and backed with real asset value, or they must be able to scale both quickly and profitably.
Telecorp’s planned investments are in the categories of hard assets including commercial real estate, hard asset trading and gold and silver exchanges, production and distribution with advertising, ad-tec optimization, fashion production and product, fashion analytics and sales, artist and event management, technology focused in financial technology, trade predictive software, artificial intelligence, blockchain technology and bio-technology, financial services centered in credit unions, asset management, and private and public investment interfaces, among others.
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Overall, AXXA has somewhat pivoted their business strategy for more hard assets and acquisitions. On Twitter, the company has alluded to new aggressive actions on the horizon. Recently, the Company signed a Memorandum of Understanding to begin development of the “New Living” project. Positioned in one of the fastest growing areas of Europe, the “New Living” project enables TLNUF to enhance its portfolio with hard asset support. Valued at $8.5 million dollars, the “New Living” project helps to bring greater value to the Company, and in turn potentially create a profitable vehicle for investors.
Already, AXXA has a partner list of Honda, Pacificare, Autotrader, and Autoland.
EXXE GROUP ORD (OTCMKTS: AXXA) has a market cap of 9.09M and some momentum here and strong investor following. AXXA is a company to watch as the GDPR approaches in late May. We are watching this one closely. Sign-up for continuing coverage on shares of $GDPR stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in $GDPR, either long or short, and we have not been compensated for this article.