To: Janice Shell who wrote (1392 ) 10/28/1998 12:44:00 AM From: Cavalry Read Replies (1) | Respond to of 1637
heres one right up your alley, new oil and gas bb on the scene a new short squeeze just came on magic eightballs radar, ARXAD any thoughts, reverse split, moves on no volume, series of mergers and aquisitions to be announced shortly, only one mm below 7/8 on ask, could crack $1 tomorrow dont you think? ARXA International Energy, Inc. Announces 1:5 Reverse Stock Split EffectiveOctober 26, 1998 HOUSTON, Oct. 14 /PRNewswire/ -- ARXA International Energy, Inc. (OTC Bulletin Board: ARXA) announced today that its Board of Directors had approved a one for five reverse split to be effective at the close of trading on Monday, October 26, 1998. Under the terms of the reverse split, one new, post-split share will be issued for each five old, pre-split shares, with fractional shares rounded up to a full share. Craig Ford, President & CEO of ARXA, explained that the reverse split is the next step in the strategic strengthening and recapitalization of the Company. A series of mergers and acquisitions made possible through interim, project and long-term financing are expected to be announced shortly. ARXA International Energy, Inc. is a fully reporting public company engaged in oil and gas reserve acquisition and development in the US. For information contact George Bentley, (800)641-5844. ARXA can be seen on the internet at arxa.com . This press release contains forward-looking statements, such as future development activity. ARXA notes that there are a variety of factors which could cause the actual results to differ materially from the anticipated results expressed. SOURCE ARXA International Energy, Inc. CO: ARXA International Energy, Inc. ST: Texas IN: OIL SU: 10/14/98 16:46 EDT prnewswire.com Tuesday October 27, 9:00 am Company Press Release SOURCE: ARXA International Energy, Inc. ARXA Signs RJJ Capital Consultants HOUSTON, Oct. 27 /PRNewswire/ -- ARXA International Energy, Inc. (OTC Bulletin Board: ARXAD - news) announced today that they have entered into an Investment Banking Consulting Agreement with RJJ Capital Consultants of Boca Raton, FL. RJJ Capital Consultants will assist in developing and executing a funding strategy as ARXA engages in acquiring available properties and companies in the oil and gas industry. According to Craig Ford, President and CEO of ARXA, ''I'm an oil and gas man. I understand this business as well as anybody. I've hired RJJ to help my company ply the waters of the public investment community because I believe these gentlemen have the same kind of understanding of their business as I have of mine.'' Jerry Klein, Chairman of RJJ Capital consultants, stated, ''We look forward to assisting Mr. Ford and ARXA in coordinating their financing opportunities and implementing their acquisition strategy. I believe ARXA's strategy is timely and optimal in the current oil and gas market. Further, we believe that the execution of the Company's acquisition plan will generate very solid returns for ARXA stockholders.'' ARXA International Energy, Inc. is a fully reporting public company engaged in oil and gas reserve acquisition and development in the US. For information contact George Bentley, 800-641-5844. ARXA can be seen on the internet at arxa.com . For RJJ Capital Consultants contact Bob Honeyman, 561-362-5285. This press release contains forward-looking statements, such as future development activity. ARXA notes that there are a variety of factors which could cause the actual results to differ materially from the anticipated results expressed. SOURCE: ARXA International Energy, Inc. -------------------------------------------------------------------------------- Main Page SP Group 2600 Lunada Lane Alamo, CA 94507 1-800-641-5844