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Microcap & Penny Stocks : AUXER GROUP INC (AXGI): New start for AUXI

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To: nick pace who wrote (1391)8/3/1998 9:49:00 AM
From: Ernest R. DeSaye Jr.  Read Replies (1) of 1492
 
I believe the main problem is that this agreement was just announced and there is alot of work to do. The products being supplied by Auxer are being packaged under the label of the chain store. All of this takes time to do. They have to get all of the artwork for the packages, and start to package all of the product before it can be shipped. This will take some time. I believe, at least the way it was explained to me is that the chain store is afraid of supply problems from their current supplier if their name is released, and Auxer won't be able to ahip right away because of what I mentioned earlier. Also sometimes at the warehouse level, sometimes exclusive agreements are signed to negotiate a better price. This may also be the case. So there are reasons for the name to be withheld.
Regards,
Ernie
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