SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Auxer Group (AXGI) -- Huge revenue growth w/ new contracts

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ernest R. DeSaye Jr. who wrote (552)1/7/1999 3:02:00 PM
From: Micro-Selector  Read Replies (1) of 1664
 
Ernest,

I agree with your assessment 100%. The timing couldn't be more perfect for AXGI and its shareholders with regards the SEC reporting rule. Much better for the company to report in 1999 than 1998 (after the software division had eroded the company's finances and share price).

The way I see it, AXGI's future could now look even brighter:

1. The stock is sitting near its 52-week low
2. The shareholders have reached their most disgruntled and distrustful level
3. The CarQuest shipments are due to begin this month (which will generate important revenues and exposure for AXGI)
4. The company will be forced to report to SEC at a moment when its "turnaround" phase will be most obvious

How could the timing be better?

MS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext