Microcap & Penny Stocks: Auxer Group (AXGI) -- Huge revenue growth w/ new contracts  
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AXGI 0.410.0%Jul 24 8:10 PM EDT
Auxer Group (buletin board symbol: AXGI) seems to be a very good value on the over the counter market. Only has 15 million shares outstanding with just over 6 million in the float.
Auxer Group Inc, as the press releases so succinctly state, "headquartered in Wayne, New Jersey, is an investment holding company
that is comprised of three subsidiaries: Harvey Westbury Corporation, CT Industries, and Universal
Filtration Industries. The company is a manufacturer, wholesaler and distributor with a line of
aftermarket automotive, marine, aviation, and hardware products. Collectively, the company owns
and markets several product lines including Formula 2000 Ultimate(TM), Garry's(R) Royal Satin
Automotive Wax, Polish & Car Care, Garry's(R) Royal Satin Marine Care, It(R) silicone spray,
T-Bolt(R) rust penetrant, Easy-Test(R)Testers, Air Conditioning Recharge Kits & Components,
and Fleet Crankcase Kits."
I've been researching the company for just a day or so. I'm still formulating my research, but as the stock moved more quickly than I expected. . . I'm putting out what I have now, and will add on later.
I spoke with CEO Gene Chiaramonte this afternoon. I'm currently awaiting an investor's packet, but can currently share what I've gleaned from the conversation. AXGI is currently finalizing audited finacials which should be completed sometime next week, followed by SEC reporting status within 90 days. The financials will cover 1997 and the first quarter of 1998.
The CEO is very bulllish on the company. He mentioned several major contracts in the works, in addition to the contract announced today with the De Windt Corporations. Revenues should increase drastically this year, and on into the future. It is also very probably that the latter part of this year will reflect profitability. Acquisitions are also possibilities.
I've also been informed that Bruce Pollock has just been retained by the company. Pollock is assisting in bringing new contracts to the company, in addition to helping AXGI strive to bring its shareholders much deserved value. Considering that Pollock has been largely repsonsible for the recent run-ups on ETPI, TGSK, and ARXA, I think that he will be a good asset to the company.
On a final note, I really got a good impression from my converstaion with the CEO. He has not accepted a salary for each of the past three years. This speaks strongly for his dedication to make his company a success, no matter what the personal consequences.
So do your own DD, and hopefully we can all do well with AXGI. I'll be receiving more informations shortly, and will post ASAP. Good luck.
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1664Helloooooooo! chevyf-07/04/2004 05:38 PM
1663Viva's first L-1011 was seen in Arizona.  Also, Fina has Sylvain C.-06/11/2003 04:31 PM
1662Interesting PR today, looks like they will be flying in a few weeks. Sylvain C.-06/03/2003 11:41 PM
1661Sure am! The next few weeks might be very interesting IMO! I would expect to be Sylvain C.-05/04/2003 10:38 PM
1660Auxer Subsidiary Viva Obtains Dominican Republic Aeronautical Authority ApprovalUnderCover-05/02/2003 11:14 AM
1659news Auxer Announces Additional Executive Appointment and Updates on NegotiationUnderCover-05/01/2003 11:22 AM
1658Anybody watching this one? em UnderCover-05/01/2003 12:54 AM
1657If I remember well the last quarterly report showed that 69,000,000 shares were Sylvain C.-12/16/2002 01:07 AM
1656"They IMHO will loose their shirts.Maybe this Airline can survive but it isKevin Clarke-12/13/2002 08:34 PM
1655Kevin,I agree that this is the best and cheapest way for that Airline to go publBenny-Rubin-12/13/2002 10:14 AM
1654Link: SI Message 18331892 Kevin Clarke-12/12/2002 10:12 PM
1653This is a reverse Merger so VIVA can be a Publicly Traded Company without going Kevin Clarke-12/12/2002 10:07 PM
1652:-) Sylvain C.-12/05/2002 04:35 PM
1651I read that PR re-the LOI on Viva Airlines.What are these guys smoking???They waBenny-Rubin-12/04/2002 02:09 PM
1650WWW.VIVAAIRLINES.COM !!! Look under corporate profile. Sylvain C.-12/04/2002 11:44 AM
1649From the last report: On May 7, 2002, Auxer announced that the Board of DirectorSylvain C.-11/20/2002 11:16 PM
1648There seems to be heavy accumulation. Somebody knows something... Sylvain C.-08/14/2002 05:40 PM
1647Guys,did you see todays volume? Almost 15 Million Shares traded hands.Stock was Benny-Rubin-08/13/2002 09:54 PM
1646NEWS! July 03, 2002, Auxer's Automotive Group Seeks to Enter $3.6 Billion MoSylvain C.-07/07/2002 03:10 PM
1645Auxer Announces Automotive Sales Up 66%; New Business Initiatives Expected to beFrank Fontaine-06/20/2002 03:29 PM
1644Hey, pump your heart out. Maybe that's what we need, lol eom mike mulhearn-06/07/2002 08:38 AM
1643Excuse my optimism, I would like to apologize in advance if the following post hSylvain C.-06/07/2002 01:40 AM
1642Good luck to you Mike.You got a great price.The potential for a 10 bagger or morBenny-Rubin-06/05/2002 09:26 PM
1641Thanks for your response. I got in this A.M. at .018 eom mike mulhearn-06/05/2002 09:00 PM
1640Mike my feeling is that the market has reacted to 2 events on AXGI during the paBenny-Rubin-06/05/2002 08:45 PM
1639What's happening to it now? What's your take on the drop? We need news. mike mulhearn-06/05/2002 08:14 PM
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