February 10, 2017 / 7:34 PM / 10 months ago

BRIEF-Axios Mobile assets ceases logistics operations-reviewing alternatives

Feb 10 (Reuters) - Axios Mobile Assets Corp

* Axios Mobile Assets ceases logistics operations-reviewing alternatives

* To raise additional financing that it is ceasing its logistics operations effective immediately and has laid off of majority of its employees

* Will continue to retrieve pallets that are in circulation but once retrieved it will cease new issuances of pallets to customers

* At this time no officers or directors have resigned from company Source text for Eikon: Further company coverage:

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