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Microcap & Penny Stocks : AOXY, diverse,undiscovered in the investment community
AOXY 0.04000.0%3:34 PM EDT
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To: Due Diligence who wrote (824)5/9/2000 11:16:00 PM
From: Qone0  Read Replies (1) of 835
 
I`m thinking that if you put this.

.The Company continues it efforts to raise capital to support operations and growth, and is actively searching acquisition or merger with another company that would compliment AOXY or increase its earnings potential. The Company continues its effort to increase the CD-ROM production and associated sales. The Company expects difficulty in financing the growth of the increased business and has been concentrating on raising capital or obtaining a line of credit.

Together with this.

.Proposal 1. To amend and restate the Company's Restated Articles of
Incorporation to increase the Company's authorized Common Shares from
30,000,000 to 90,000,000 shares.

Proposal 2. To change the Company?s auditors.

Proposal 3. To change the Company?s name.

It spells an acquisition deep in the works. Might be the reason they`ve been so quiet. The insiders hold 64% of the stock. So they are diluting themselves too. I would not think they would do that except for a good reason. Time will tell.

Unless we start to see a bunch of s8`s poping up the increase in OS might be a good thing if they merge with the right outfit.
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