axxessinc.com
Axxess, Inc. Responds to Recent Allegations
Altamonte Springs, FL (December 10, 1997) - Kevin Lichtman, President of Axxess, Inc. (OTCBB: AXXS) today responded to recent allegations in Business Week and in the San Diego Union Tribune that it may have, directly or indirectly, paid stock brokers or promotors to sell shares of its stock.
"Axxess firmly denies any allegations that it paid brokers, promotors or any other parties to promote its stock. In fact, Axxess itself, as the publisher of the investigative on-line journal, Stock Detective (http://www.stockdetective.com), is dedicated to exposing securities fraud and other Wall Street shenanigans" stated Mr. Lichtman.
"Since beginning publication in April of this year, Stock Detective has earned the praise of business journalists and readers for its efforts to educate investors to the risks of penny stock promotions and other Wall Street schemes. At the same time, Axxess has, undoubtably, earned its share of enemies from the very ilk that Stock Detective and Business Week seek to expose. On more than one occasion, Axxess has received correspondence and telephone calls threatening to damage our company's reputation" added Mr. Lichtman.
Axxess will eagerly cooperate with any investigation into its activities and vigorously pursue all legal remedies to protect its reputation.
Axxess, Inc. publishes on-line financial journals including www.FinancialWeb.com, www.QuoteCentral.com, www.RapidResearch.com www.SmallCapInvestor.com, www.StockDetective.com and www.WallStreetGuru.com.
Contact: Kevin Lichtman, President
(407) 834-4443
kevin@FinancialWeb.com
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