Auxer Subsidiary Viva Obtains Dominican Republic Aeronautical Authority Approval, Awaits Executive Office Approval.Business Editors TRAVERSE CITY, Mich.--(BUSINESS WIRE)--May 2, 2003 THE AUXER GROUP, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AXGI) announced today that Queen Air, Aeronaves Queen S. A. on behalf of Auxer's subsidiary, Viva Airlines, Inc., has received approval from the Dominican Republic Aeronautical aer·o·nau·tic also aer·o·nau·ti·cal adj. Of or relating to aeronautics. aer  o·nau Authority on its Dominican Flag Carrier Certificate application. Approval from the Dominican Republic Governmental Executive Office should be received in approximately 10 to 14 days. Robert Scott, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Auxer, stated, "We are pleased that Queen Air has received the aeronautical authority approval on behalf of Viva. This approval is significant to our plans and allows us to begin to advertise, accept ticket sales and commitments and make arrangements for the eventual commencement of scheduled service". Forward-looking statements in this news release are made pursuant to the "safe harbor" 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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