Auxer Will Trade Under the Symbol AXGI Effective Sept. 3, 1999.WAYNE, N.J.--(BUSINESS WIRE)--Sept. 2, 1999-- The Auxer Group, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : AXGI or AXGIE) announced today the company will trade under AXGI on the EQS EQS Elite Qualifying Segments (United Airlines Mileage Plus) EQS Environmental Quality Standard EQS Environmental Quality Systems EQS Entangled Quantum State EQS Event Query Service EQS Equalizer System (Electronic Quotation System) sponsored by the NQB NQB National Quotation Bureau, Inc (now Pink Sheets) (National Quotation Bureau National Quotation Bureau A service that publishes bid and offer quotes from market makers in OTC transactions. National Quotation Bureau ) starting tomorrow, September 3, 1999 according to Cromwell Coulson of the NQB. "Apparently there was a delay in transitioning the company to the EQS which we were not made aware of until this morning. I apologize for the brief inconvenience to the investors. The stock is trading, however I understand getting information has been difficult today and that this is only temporary," said Eugene Chiaramonte, Chairman of Auxer. The company expects to resume trading on the OTCBB OTCBB See OTC Bulletin Board (OTCBB). in the near future upon clearing any possible comments on the recent Form 10SB which was filed with the SEC (Securities and Exchange Commission) last month. In the interim, an individual investor should be able to obtain a quote through his brokerage service. If a service does not currently provide quotes, an investor can obtain quotes, free of charge, through the Bloomberg Network at www.bloomberg.com by entering the symbol in the Stock Quotes Look Up box. Of the brokerage firms the company contacted regarding EQS, most are currently subscribing or plan to subscribe in the near future. For more information on the EQS, call (212) 868-7100 ext. 435 or visit www.nqb.com. 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:
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). Forward-looking statements in this 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. For more information please visit our websites at www.auxer.com |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion