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: Ernest R. DeSaye Jr. who wrote (1014)	2/3/1999 11:45:00 AM
From: DavidO	Read Replies (1) of 1664

Ernest, Just got off the phone with Gene. He could not comment on exact sales figures because there will be some information coming in the form of a PR eventually. He said he will probably wait for weakness in the stock before making any announcements. He did say the release will contain some information on some possible new market contracts but did not want to divulge to much to me. He did say that the month of Jan. alone accounted for 1/3 of the total sales for all of 1998. He stated that it was impossible to tell how much the new I-commerce web site will increase sales at this point but said it should be up and running by March 1. He also said that the company is currently undergoing an audit that is the first step towards becoming fully reporting and they have to show three full years of accountability to the SEC. Since auxer is first on the list they have to have this done by July 4. He said they then have to answer any questions that the SEC asks to their satisfaction and anticipates full completion by no later than Sept. He also stated that their would not be any release of numbers until the end of the 1rst quarter of 99 so that investors can get a better picture of the turn around. BTW I was able to sell my tickets to the broadway play on Ebay for almost 90% of what I paid for them. So even though my trip to NYC fell through I did manage to recoup most of my investment. Its been a long time since I've felt this good about a penny stock and to all those investors sitting on the sidelines... the stock is still cheap...don't let it be a "wish I would have" later. DAVID

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