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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Brett S. who wrote (9932)	4/22/1998 10:15:00 PM
From: E	Respond to of 34592

AXGI: Here is a penny stock with news. Below are a post from the AXGI thread from today, and the company press release, also from today. To: Charger (1284 ) From: Mike Peters Wednesday, Apr 22 1998 9:31PM ET Reply # of 1287 AUXER GROUP. INC. (AXGI) $.22 + .04 on 553,000 shares. On top of the news today, we got a positive volume reversal. The move up on big volume was very positive and should lead to much higher prices. Ifyou look at the last few moves on the stock, they have been 100% increases from the present levels in only a few weeks. We should be set upfor a similar move. Late in the day the Company release the first of what should be a string of news releases. The Company's line of Garry's automotive products are up 21% and new distributors are being added in all divisions. This was the first of a string of news releases that should be out on a weekly basis in the short term. You will see a huge number of new distributors added over the next 30 days and there will be additional news releases detailing all of the new business. I look for a very short term move to the $.40-50 area and then breaking out above that level. AUXER GRP INC (DE) (OTC: AXGI) Time: 4:07PM Last Trade 0.220 Change + 0.040 (+22.22%) Bid 0.200 Ask 0.220 Wednesday April 22, 12:50 pm Eastern Time Company Press Release The Auxer Group Makes Announcement Harvey Westbury Announces Sales of Garry's Royal Satin Marine Products Up 21% WAYNE, N.J.--(BUSINESS WIRE)--April 22, 1998--The Auxer Group Inc. (OTC Electronic bulletin board: AXGI) announced that sales of the Garry's(R) Royal Satin Marine Care line are up 21% from last year's results. The Garry's(R) Royal Satin Marine Care line is owned by the Harvey Westbury Corp., a wholly owned subsidiary of The Auxer Group Inc. Ronald Shaver, president of Harvey Westbury, attributed the increase in sales to the proactive sales and marketing efforts of the new management group, the new aggressive pricing and terms programs, and the attractive new packaging which was unveiled during the 1997 International Marine Trades Exhibit & Conference (IMTEC) in Chicago. ''The company has already added 13 new distributors representing approximately 10,000 new retail accounts throughout the United States and Puerto Rico. Additionally, our sales group is projecting a very exciting 1999 season as they are currently in discussion with eight (8) major distributors representing an additional 37,000 accounts for the Fall/Winter 1998 buying season. Initial feedback this season from clients in the field is that the new packaging has tremendous appeal, the quality of the one-step product is impressive and the product is moving off the shelves more rapidly than in previous years. Many of our clients have or are anticipating placing additional orders this season which is an unexpected but pleasant surprise for the company.'' The Auxer Group Inc. is an investment holding company that trades on the OTC Bulletin Board under the symbol AXGI. Auxer's Automotive Group is currently comprised of three subsidiaries: Harvey Westbury Corp., CT Industries, and Universal Filtration Industries, which are headquartered in Wayne. The group is a manufacturer, wholesaler and distributor with a line of aftermarket automotive, marine, aviation, and hardware products. Collectively, The Automotive Group owns and markets several product lines including Formula 2000 Ultimate(TM), Garry's(R) Royal Satin Automotive Wax, Polish & Car Care, Garry's(R) Royal Satin Marine Care, It(R) silicone spray, T-Bolt(R) rust penetrant, Easy-Test(R) Testers, Air Conditioning Recharge Kits & Components, and Fleet Crankcase Kits. Contact: Ronald Shaver, 973/890-1331