Auxer Group Filed Form 10-SB.WAYNE, N.J.--(BUSINESS WIRE)--Aug. 24, 1999-- The Auxer Group, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:AXGI) announced today that it has filed its Form 10-SB with the Securities and Exchange Commission (SEC). Mr. Eugene Chiaramonte, Chairman of The Auxer Group, again stated, "This is an exciting time for us as we formally recognize that the company has grown and developed to the point where we qualify for reporting status with the Securities and Exchange Commission. We will now contact the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). to pursue removing the "E" from our stock symbol." Additionally, the company plans to announce later this week at least one letter of intent to acquire internet related technologies and assets. Management expects to complete discussions with at least one group this week and intends to establish a subsidiary or division for the purpose of investing in internet related commerce. ABOUT THE COMPANY The Auxer Group, Inc. (OTC BB:AXGI) is an investment holding company that is comprised of three wholly-owned subsidiaries: Harvey Westbury Corporation, CT Industries and Hardyston Distributors. Auxer Group is a manufacturer, wholesaler and distributor of automotive, marine and aviation after-market and hardware products. These products are currently sold to major retail chains around the country including, PEP BOYS, MANNY Manny may refer to: In nobility:
Western Auto originally started as a mail order business for replacement auto parts. ), WAL WAL Sierra Leone (international vehicle ID) WAL Walloon WAL Weighted Average Life WAL Wide Angle Lens WAL Write Ahead Log WAL WATS Access Line WAL Watertown Arsenal Laboratories (Massachusetts) MART, KMART, WEST MARINE just to name a few. The Auxer Groups' most well known products include Easy Test Testers and Air Conditioning Accessories, GARRY'S ROYAL SATIN WAX AND POLISHES (a 70 year old superior car and marine wax line), FORMULA 2000 ULTIMATE (A high performance engine treatment). For more information please visit our websites at www.auxer.com Forward-looking statements in this release are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, competition, new products and technological changes, intellectual property rights and other risks. |
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