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


To: Brett Fleischman who wrote (8085)7/28/1998 12:42:00 PM
From: Gator  Respond to of 8798
 
WAMA having a nice day. Up 75% to $0.21. Rumored takeover target. Restaurant company (TexMex and Italian), around 40 locations, $40 million in revenues. Fully reporting. Turnaround story, cost controls and operational improvements in place (including closing of under-performing restaurants) should start generating positive income this year. Formerly listed on Nasdaq small-cap, failed to meet minimum listing requirements. Trying to get back on, may do it through a merger. Action today seems to indicate something's going on.

Sorry I didn't bring this to ya'll sooner, but I didn't think it would break this soon.

Gator



To: Brett Fleischman who wrote (8085)7/28/1998 2:13:00 PM
From: Gator  Read Replies (2) | Respond to of 8798
 
More DD on AXGI:

1996 Sales: $102,000
1997 Sales: $4 million
Projected 1998 Sales: $24 million
Projected 1998 EPS: $0.20/share
Shares Outstanding: 12.3 million
Public Float: 4.5 million
52 Week High: $1.90
52 Week Low: $.16

The Company's goals for 1998 are:
(1) listing on NASDAQ Small Cap or other regional/national exchange, (2) achieve a market capitalization in excess of $50 million,
(3) complete the Safety Products Group acquisitions and
(4) achieve earnings of over $.20 per share based on revenues of $25 million.

Projections are from "Stocks4Tomorrow" writeup at stocks4tomorrow.com

Other links for information:
auxer.com
harveywestbury.com
formula2000.com

Gator