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jimbo stocks
01-26-2009, 02:56 PM
MXWF is up 100% today on light trading. Insiders control most of the float.

jimbo stocks
01-27-2009, 10:27 AM
AutoMax Group Inc. Signs Inventory Supply Agreement With Atlanta Auto Showcase
MARIETTA, GA -- (Marketwire) -- 01/27/09 -- Mr. Jake Kern, President of AutoMax Group Inc. (PINKSHEETS: MXWF), is pleased to announce today a new strategic alliance with Atlanta Auto Showcase of Marietta, Georgia for the purpose of supplying inventory to Atlanta Auto Showcase.
We are estimating 40-50 units per month to be sold to Atlanta Auto Showcase which will possibly generate an anticipated up to $400,000 in additional gross monthly sales. This is a new avenue of generating revenue without increasing overhead, with plans to acquire additional similar allegiances in the future.

Atlanta Auto Showcase is one of Atlanta's Premier luxury used vehicle dealers, specializing in providing luxury vehicles for any budget and averaging approximately 150 units sold per month. AutoMax President, Jake Kern, stated that the terms of this deal are a strong and lucrative move for AutoMax Group, in that it utilizes a scaled down overhead model that doesn't include more and larger locations with increasing overhead to generate the same expansion.
"In our expansion efforts, we have aggressively sought out these allegiances which will provide multiple outlets for our growing inventory channels, while utilizing a minimum overhead approach and providing outstanding service to Atlanta Auto Showcase as well as our customers." AutoMax Group is pleased to announce that the first step in this phase of our expansion effort has been completed.
As part of AutoMax Group's new expansion efforts, AutoMax has targeted the luxury vehicle segment of the Atlanta Market with this allegiance. Further allegiances will target the Domestic and Import vehicle segments of the market. By providing the inventory needs to each of these segments in the Atlanta market, these strong allegiances and multiple additional sources of revenue can form a key part in the expansion plans of AutoMax Group Inc. Mr. Jake Kern, President of AutoMax Group Inc., has expressed his excitement in developing this new scaled down overhead model as a source of additional revenue. As we move towards opening our new location, and for long beyond that, this new and unique strategy can serve to bolster our bottom line in a most aggressive fashion, as it is a win/win/win scenario for all parties involved.
Work continues as AutoMax Group Inc. makes the transition to the new location with the Grand Opening to be announced in the near future. Our new website is currently under construction to include investor relations and current inventory. Please visit us at www.automaxgroup.net (http://www.automaxgroup.net). Maximize your car... Maximize your credit.
Historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (I) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's
control; and (iv) other risk factors.

Patron
01-27-2009, 01:33 PM
Nice news, this one caught my attention yesterday, the L2's are very thin. Looks like she can get some momo going with some buying pressure.