SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Auxer Group (AXGI) -- Huge revenue growth w/ new contracts -- Ignore unavailable to you. Want to Upgrade?


To: Lazarus who wrote (677)1/11/1999 3:04:00 PM
From: * Thumper *  Read Replies (2) | Respond to of 1664
 
Does Patrick have enough clout IYO to cause a panic sell. You seem very concerned that he's handling some of the back office stuff & it appears to me that this is causing you enough stress that you want to bail. Could you please enlighten me some more. Call me stupid if you want, but i don't understand what's going on....Many promoters are compensated w/ stock...I just wish that AXGI would announce a buy back or a reverse, now that would get this price moving...



To: Lazarus who wrote (677)1/11/1999 4:21:00 PM
From: Ernest R. DeSaye Jr.  Respond to of 1664
 
I myself am not really overly worried about Patrick. How many shares could he have gotten? It isn't like he has a million shares to sell.
I am reasonably sure that thecompany isn't going to be selling into this news. They need this price to stay up as high as possible to secure financing. It is my understanding that Auxer has some large growth plans and to sell shares would be counter-productive to them.

The short term money they would get for the shares isn't nearly what they're looking for.
Ernie