X

Hototc Featured Company: Axion Spatial Imaging (ASII.PK) Makes a Bold Move

When a company comes to a fork in the road there tends to be a hesitation in making a choice in direction. For a company that can be bold and decisive, the opportunities can be very rewarding.

Axion Spatial Imaging Inc., a software company with aspirations, appears to be at a crossroads of sorts. The company, understanding stockholder concerns, has been working to build value as of late with several key choices being made. Current news surrounding the company, in this regard, has to do with changes in management and fairly positive indications that it will purchase 25% of Global Staffing Services.

The purchase of a stake in Global, with the possibility of a merger, is an interesting twist for a company with a library of diversified software products to sell. One product group has quite a bit to do with resource management, which might indicate the move toward Global Staffing, but a stake in a staffing company is nonetheless an interesting choice of direction. Current economic indicators in the United States may offer potential for Global, making their contacts attractive for Axion Spatial.

Other software products developed and sold by the company include GIS systems, aimed at the consumer, while others are more directed at government and industry. A new president and a positive direction being chosen bode well for the company. Many companies might freeze at a crossroads, but Axion Spatial Imaging Inc. has chosen to act with an eye on shareholder value.

Let us hear your thoughts below:

Related Post