Thieler Law Corp advises investors with losses exceeding $100,000 of the August 21, 2017 lead plaintiff deadline in a class action lawsuit filed against Axiom Holdings Inc (OTCMKTS:  AIOM) (“Axiom” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Axiom Holdings Inc securities between October 14, 2016 and June 19, 2017, have until August 21, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Axiom Holdings Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Axion lacked control over the merger process sufficient to ensure that the Agreement with CJC would be completed; accordingly, the Agreement with CJC was never completed;  the Company's issuance of shares to the CJC Shareholders was thus improper; and as a result of the above, Axiom's public statements were materially false and misleading at all relevant times.

On June 19, 2017, Axiom revealed that it had discovered inconsistencies in its prior announcements regarding the validity of its Share Exchange Agreement (the "SEA") with CJC Holdings Ltd. ("CJC").

On June 20, 2017, the Company informed investors that "it now appears the merger was never completed" and advising investors that it would rescind the shares that were issued to the CJC Shareholders in connection with the merger.

On this news, Axiom's share price fell $0.44, or 37.93% over two trading days, to close at $0.72 on June 20, 2017.

If you were negatively impacted by your investment in Axiom Holdings Inc securities between October 14, 2016 and June 19, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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