Auxer Group (AXGI) -- Huge revenue growth w/ new contracts Message Board

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Microcap & Penny Stocks : Auxer Group (AXGI) -- Huge revenue growth w/ new contracts

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To: Lazarus who wrote (680)	1/11/1999 3:40:00 PM
From: * Thumper *	Read Replies (2) of 1664

The planet I'm from is about 4 light years away but that's besides the point. In almost all cases a reverse split would be considered a bad move but there are the exceptions....take QNET for example..you post on alot of boards so you should know about their 10 to 1 reverse split in oct,98 which of course lowered their outstanding amount of shares in the marketplace & then 2 months later offer a 3 to 1 dividend on 1/06/99. The sell off of QNET was complete by the morning of 1/07/98 but in fact QNET appears to now have a base around the 12-14 range which will almost,in fact, guarentee them a listing soon & they now only have to deal with 711,000 outstanding shares total. The shares issued as a dividend were restricted & are not counted as outstanding.

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