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Microcap & Penny Stocks : ARXA International (ARXA): Rapid Expansion imminent!!!!!!

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To: BigWave Dave who wrote (221)6/10/1998 11:34:00 PM
From: Warlock  Read Replies (1) of 508
 
ARXA update. . .

Sorry for being so late with the update, have been tied up. First off all, don't expect news this week. I was originally told news would be out today or tomorrow. Now looks like early next week. They have news ready to go, but person who handles releases is on an unexpected seminar for a couple of days.
They are finalizing financing. Also have the acquisition of the Illinois oil company that they will be announcing at some point. In addition, early next week they'll be getting reserve reports from engineering on their first acquisition. We'll be able to see some more numbers at that point, they should be good.
ARXA is also looking at making an acquisition of a West Texas oil company. Also negotiating to acquire a $42 million petroleum company. ARXA is gobbling up assets at an astonishing rate.
Regarding possible takeover of ARXA. . . assuming it occurs, it is no overnight wonder, May take several months. So while it may very well occur, don't be expecting $5 tomorrow. . .
Concerning the 68 million e-mails going out (with www.hotstocktick.com summary as its text): so far only 400,000 have gone out. Kinks are being worked out with the system. They were hoping to have it rolling smoothly by late today. . . we'll see.
That's about all I know right now. .. still holding my shares with a death grip. If you have any questions let me know. I'll continue to keep the thread updated. . .
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