SI
SI
discoversearch

Microcap & Penny Stocks
Auxer Group (AXGI) -- Huge revenue growth w/ new contracts
An SI Board Since July 1998
Posts SubjectMarks Bans Symbol
1664 12 0 AXGI
Emcee:  Warlock Type:  Unmoderated
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.
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
1664Helloooooooo!chevyf-7/4/2004
1663Viva's first L-1011 was seen in Arizona. geocities.com. Also, Fina has a picSylvain C.-6/11/2003
1662Interesting PR today, looks like they will be flying in a few weeks.Sylvain C.-6/4/2003
1661Sure am! The next few weeks might be very interesting IMO! I would expect to be Sylvain C.-5/4/2003
1660Auxer Subsidiary Viva Obtains Dominican Republic Aeronautical Authority ApprovalUnderCover-5/2/2003
1659news Auxer Announces Additional Executive Appointment and Updates on NegotiationUnderCover-5/1/2003
1658Anybody watching this one? emUnderCover-5/1/2003
1657If I remember well the last quarterly report showed that 69,000,000 shares were Sylvain C.-12/16/2002
1656"They IMHO will loose their shirts.Maybe this Airline can survive but it isKevin Clarke-12/13/2002
1655Kevin,I agree that this is the best and cheapest way for that Airline to go publBenny-Rubin-12/13/2002
1654Message 18331892Kevin Clarke-12/12/2002
1653This is a reverse Merger so VIVA can be a Publicly Traded Company without going Kevin Clarke-12/12/2002
1652:-)Sylvain C.-12/5/2002
1651I read that PR re-the LOI on Viva Airlines.What are these guys smoking???They waBenny-Rubin-12/4/2002
1650WWW.VIVAAIRLINES.COM !!! Look under corporate profile.Sylvain C.-12/4/2002
1649From the last report: On May 7, 2002, Auxer announced that the Board of DirectorSylvain C.-11/20/2002
1648There seems to be heavy accumulation. Somebody knows something...Sylvain C.-8/14/2002
1647Guys,did you see todays volume? Almost 15 Million Shares traded hands.Stock was Benny-Rubin-8/13/2002
1646NEWS! July 03, 2002, Auxer's Automotive Group Seeks to Enter $3.6 Billion MoSylvain C.-7/7/2002
1645Auxer Announces Automotive Sales Up 66%; New Business Initiatives Expected to beFrank Fontaine-6/20/2002
1644Hey, pump your heart out. Maybe that's what we need, lol eommike mulhearn-6/7/2002
1643Excuse my optimism, I would like to apologize in advance if the following post hSylvain C.-6/7/2002
1642Good luck to you Mike.You got a great price.The potential for a 10 bagger or morBenny-Rubin-6/5/2002
1641Thanks for your response. I got in this A.M. at .018 eommike mulhearn-6/5/2002
1640Mike my feeling is that the market has reacted to 2 events on AXGI during the paBenny-Rubin-6/5/2002
1639What's happening to it now? What's your take on the drop? We need news. mike mulhearn-6/5/2002
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
Copyright © 1995-2014 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.