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MXWF-new merge pubco ground floor opportunity!
AutoMax Group Inc.
1211 Marietta Parkway Marietta, GA 30060 |
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AutoMax Group Inc. Signs Inventory Supply Agreement With Atlanta Auto Showcase
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 . 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. Contact: Jacob Kern C.E.O. Source: Marketwire (Jan 27, 2009 09:08:15 EST) News by QuoteMedia ----------------- Market Medias was compensated 2,500,000 free trading shares of (MXWF.PK) stock, for ONE month's service (January, 21st, 2009 to February, 21st, 2009), by RR Investment Holdings Inc. for the (MXWF.PK) profile, MARKET AWARENESS, "company material" and advertisement |
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AutoMax Group Inc. Commences Trading Under Stock Symbol MXWF
AutoMax Group Inc. Commences Trading Under Stock Symbol MXWF
MARIETTA, GA, Jan 21, 2009 (MARKET WIRE via COMTEX) -- In early December of 2008, CEO of AutoMax Group, Inc. (PINKSHEETS: MXWF) Jacob Kern entered into an agreement to acquire the AutoMax trade name and the company, which is now incorporated in the State of Georgia. On December 12, 2008, AutoMax agreed to acquire Kern Automotive Group Inc. headquartered in Atlanta, Georgia. Since August of 2006, Kern operated an automotive business that focused exclusively in wholesale and the Buy-Here/Pay-Here, used car industry. AutoMax is presently re-locating from its former Kern location at South Marietta Parkway, Marietta, Georgia, to a new larger facility to better serve its growing customer base. Mr. Kern added that the grand opening for the new location will be announced soon and our business model focuses on acquiring, selling and financing vehicles through flexible in-house financing options with the consumer's budget in mind. We are aggressively positioning AutoMax towards a dominant "Buy-Here/Pay-Here" auto retailer/wholesaler; through direct sales and in-house financing of used vehicles to the general public. Under the banner of "MAXIMIZE YOUR CAR... MAXIMIZE YOUR CREDIT." AutoMax Group knows that people have difficulties or problems at various stages in their lives and often these difficulties can create financial problems. Typical new and used car dealerships normally shy away from customers with credit challenges. AutoMax Group welcomes the business and helps individuals with troubled credit or no established credit to finance a quality car and simultaneously re-establish credit. Mr. Jacob Kern stated, "AutoMax has a specific market niche because we provide in-house financing for our customer which eliminates the guess work that other dealers practice by. At AutoMax we are able to make credit decisions in just minutes while the conventional new and used car dealers can take days and sometimes even weeks to obtain financing for their customers." Mr. Kern also added, "AutoMax's goal is to provide consumers with quality, safety inspected vehicles and top notch customer service regardless of their past credit history." The Company is currently updating its Pink Sheets disclosure. Additional information regarding are business description will be forthcoming in the near future. Our new website is currently under construction to include investor relations and current inventory. Please visit us at 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. Contact: Jacob Kern C.E.O. Market Medias was compensated 2,500,000 free trading shares of (MXWF.PK) stock, for ONE month's service (January, 21st, 2009 to February, 21st, 2009), by RR Investment Holdings Inc. for the (MXWF.PK) profile, MARKET AWARENESS, "company material" and advertisement |
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MaxWiFi Communications Inc. Completes the Acquisition of AutoMax Group Inc.
MaxWiFi Communications Inc. Completes the Acquisition of AutoMax Group Inc.
MARIETTA, GA, Dec 17, 2008 (MARKET WIRE via COMTEX) -- Mr. Jake Kern, President of AutoMax Group Inc., announced today that he had agreed in principle to merge AutoMax Group Inc. with MaxWiFi Communications Inc. (PINKSHEETS: MXWF), a public company traded on the Pink Sheets market. AutoMax Group Inc. has been servicing both the retail and wholesale pre-owned vehicle market in Georgia for the past three years and is very active in acquiring vehicles at public auction or from dealers and specializing in marketing these used vehicles to buyers with low or marginal credit. "This market and the number of consumers for our program are growing every month," Mr. Kern added. "The Company's expansion plans are to add to its 'Buy-Here Pay-Here' model in the Southeast and ultimately throughout the United States. As credit has tightened and interest rates come down, our ability to finance our customers will increase our sales and profits dramatically." Mr. Kern, who has a strong and successful history in this field, stated that AutoMax's business is even more important in the credit crunch environment that our Country is experiencing by offering many people an opportunity to own a vehicle or a better vehicle while greatly expanding our revenue base. The Company's 2007 revenues were 4.5 million in sales, which are expected to increase substantially in fiscal 2008. "Buy-Here Pay-Here" The "Buy-Here Pay-Here" auto business is a $50 billion Industry that sells pre-owned cars to sub-prime buyers at high margins and high rates. These dealers typically utilize banks, insurance companies, credit unions, or other regulated lenders to provide revolving credit. Most of the time the lenders are regulated and local in nature with a focus on net worth often outside of the portfolio. After satisfying the lenders, the dealers may often experience financing restraints emanating from the regulators. Consequently, many dealers spend more time holding financing together than on building and managing the operating business. Those that are able to obtain expansion funding may do so at their peril, with lenders imposing stricter criteria that undermines liquidity and uses existing portfolio equity to subsidize additional growth. The AutoMax model addresses these issues, welcomes expansion, eliminates personal guarantees, provides liquidity, and moves financing from Main Street to Wall Street. The current disparity between the availability, magnitude, and terms of financing to some "Buy-Here Pay-Here" auto dealers versus others presents AutoMax with a familiar opportunity -- an opportunity to become a dominant player in a market due to a particular expertise and access to funding that competitors do not have. Such opportunity existed in the past with the real estate market during the S&L crisis when cash purchases were required in asset sales through the Resolution Trust. Local businessmen were mainly brokers for deals they identified because conventional regulated funding was not available. Similar dynamics and opportunity are now present in this segment of the pre-owned car business. Certain statements in this release and the attached corporate profile that are not 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. Contact: Jacob Kern C.E.O. SOURCE: AutoMax Group Inc. CONTACT: mailto:Jake@kernautomotive.com Market Medias was compensated 2,500,000 free trading shares of (MXWF.PK) stock, for ONE month's service (January, 21st, 2009 to February, 21st, 2009), by RR Investment Holdings Inc. for the (MXWF.PK) profile, MARKET AWARENESS, "company material" and advertisement |
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Interview with MXWF New President and list of references
Interview with MXWF New President and list of references
---------------------------------------- JACOB KERN PRESIDENT AUTOMAX GROUP REFERENCE LIST: BILL HALL: OWNER OPERATOR- J.D BYRIDER, MARIETTA, GA 678-934-0200 BILLY RODGERS: G. MANAGER- TERRY CULLEN CHEVROLET, JONESBORO/MORROW, GA 678-369-7346 BRIAN BEECHUCK: GENERAL SALES MANAGER, WADE FORD, SMYRNA, GA 770-436-1200 DAVID SHARAFAT : GENERAL MANAGER, SANDY SPRINGS TOYOTA, SANDY SPRINGS, GA (404) 256-3392 DUFF HILL: USED CAR DIRECTOR- CARL BLACK BUICK PONTIAC GMC, KENNESAW, GA (770) 424-2200 JOEL CUNNINGHAM: OWNER- CARWORKS INC, ATLANTA, GA 770-480-1712 MARK HUBBARD: USED CAR DIRECTOR- MERCEDES BENZ OF BUCKHEAD, ATLANTA, GA (404) 846-3500 MIKE MCCONIVILLE: OWNER-MAGNUM COLLISION, KENNESAW, GA (770)427-4590 ROGER EVANSON: LAMBORGINI SALES ATLANTA, ATLANTA, GA 678-614-2288 MARK STURKIE: CO OWNER MONTANA MOTORS, KENNESAW, GA (770) 222-6462 ------------------------------------- MXWF President Interview Question 1 How long have you been in this business? """About 11 years, I started selling vehicles in 1997 at Eddy |
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MXWF .0025 x .0028 someone was accumulating last few sessions EOM
Market Medias was compensated 2,500,000 free trading shares of MXWF.PK stock, for ONE month's service January, 21st, 2009 to February, 21st, 2009, by RR Investment Holdings Inc. for the MXWF.PK profile, MARKET AWARENESS, "company material" and advertisement's appearing on behalf of RR Investment Holdings Inc. regarding MXWF.PK. Please see our full disclaimer at
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MXWF .0028 thin to .006
.0025 x .0028
1 at .0028 then .006 x 2 .007 x 1 .01 x 2 Market Medias was compensated 2,500,000 free trading shares of MXWF.PK stock, for ONE month's service January, 21st, 2009 to February, 21st, 2009, by RR Investment Holdings Inc. for the MXWF.PK profile, MARKET AWARENESS, "company material" and advertisement's appearing on behalf of RR Investment Holdings Inc. regarding MXWF.PK. Please see our full disclaimer at |
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MXWF share structure info
.0025 x .0028
Share Structure Source Pinksheets.com Outstanding 250,041,838 as of Jan 9, 2009 Authorized 495,000,000 Float 109,041,838 as of Sep 24, 2008 Market Medias was compensated 2,500,000 free trading shares of MXWF.PK stock, for ONE month's service January, 21st, 2009 to February, 21st, 2009, by RR Investment Holdings Inc. for the MXWF.PK profile, MARKET AWARENESS, "company material" and advertisement's appearing on behalf of RR Investment Holdings Inc. regarding MXWF.PK. Please see our full disclaimer at |
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MXWF watch out folks, when they announce the new location, this will get jiggy!
.0025 x .0028
From Pinksheets.com Outstanding 250,041,838 as of Jan 9, 2009 Authorized 495,000,000 Float 109,041,838 as of Sep 24, 2008 Market Medias was compensated 2,500,000 free trading shares of MXWF.PK stock, for ONE month's service January, 21st, 2009 to February, 21st, 2009, by RR Investment Holdings Inc. for the MXWF.PK profile, MARKET AWARENESS, "company material" and advertisement's appearing on behalf of RR Investment Holdings Inc. regarding MXWF.PK. Please see our full disclaimer at |
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MXWF Getting some action @ 625k volume last trade .0028--bid .0025 X .0028 ask
.0025 x .0028
From Pinksheets.com Outstanding 250,041,838 as of Jan 9, 2009 Authorized 495,000,000 Float 109,041,838 as of Sep 24, 2008 Market Medias was compensated 2,500,000 free trading shares of MXWF.PK stock, for ONE month's service January, 21st, 2009 to February, 21st, 2009, by RR Investment Holdings Inc. for the MXWF.PK profile, MARKET AWARENESS, "company material" and advertisement's appearing on behalf of RR Investment Holdings Inc. regarding MXWF.PK. Please see our full disclaimer at |
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MXWF-Huge News!!! New Location & Expansion Plan Launch!
AutoMax Group Inc, & Subsidiary, Kern Automotive Group Inc., announces their new location and expansion plans.
Automax Group, Inc. (OTC: MXWF), is pleased to announce the new location for its subsidiary operations and simultaneously, that it has launched its official expansion plan. The new location is located at # 2, 9875 Main St. Woodstock, GA 30188, USA. Much preparatory work regarding the new location was started immediately upon signature. This work is very near completion and we are extremely pleased to announce that finalization of the grand opening date, will be announced very shortly. The re-location application for Kern Automotive Group's used car dealer license with Georgia State, has been filed. Photos of the new location and some of the renovations can be downloaded from the following location. The location will hold 150 cars, has 2800 sq ft of newly renovated office space and has many advantages to streamline our retail operations. These advantages, along with our expansion plans, were the determining factors to relocating. We expect this to translate into a considerable increase in retail revenues. Historically, wholesale operations made up the bulk of revenue source. We are delighted to have the opportunity to now increase retail sales as well, as we press onward with retail and wholesale, expansion efforts. This new location will serve as an incubation point for the companies' expansion to other locations. A great deal of effort has been expended into researching our expansion plan for further satellite locations. Research has shown, that having multiple, moderately sized, strategically placed locations, greatly increases our public exposure, and potential revenues. Much work focusing on expanding to other locations is underway and will initiate on a location by location basis, as the model for the new business mandate. Our intention is to leverage several of our industry affiliations in this regard, towards growing our business model CEO Jacob Kern, emphasizes, "An incredible amount of time and effort has been expended by many involved parties, to facilitate our securing of this new location, and to further our expansion model." "I express my profound appreciation to all of them. We are here to stay, and I am quite certain you will all be very impressed when you see the results of our expansion efforts. Our enormous contacts in this industry, have for a year now, expressed their desire to participate in this new venture model. We can now say with conviction, that we will aggressively pursue these mutually synergistic ideals immediately. We believe all who follow our progress, will also find these new strategies not only functional, but highly lucrative in principle. I would like to conclude by inviting everyone to please visit our new facility. We are ready to assist anyone on making their car ownership a pleasant and remarkable experience." Directions to the facility. "MAXIMIZE YOUR CAR...MAXIMIZE YOUR CREDIT" About AutoMax Group Inc, & Subsidiary, Kern Automotive Group Inc. "Kern Automotive Group Inc.", is a wholly owned subsidiary of "AutoMax Group Inc.", a Georgia corporation, which incubates "Buy Here- Pay Here" used car dealer business models. The model was formed for the purpose of facilitating acquisitions by prospective affiliated and independent dealership operators in the Georgia region with the intention of nationwide expansion, potentially also to include franchisees. All references made by "AutoMax Group Inc, and/or it's wholly owned subsidiary, Kern Automotive Group Inc." in reference to, used car dealer operations, in press releases, on either companies website, or in any material in the public domain, either current, in the future, (until further notice) or predating this release, are to be considered in reference to transactions entered into by "Kern Automotive Group Inc." The owner of both companies has extensive experience in the automotive sales industry regarding both new and used car sales, financing and management of each. Mr. Jacob Kern has an incredible record in sales within the industry and will utilize his experience in the furtherance of this business model. 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. Contact: Jacob Kern C.E.O ------------------------------------------- Market Medias was compensated 5,000,000 free trading shares of (MXWF.PK) stock, for TWO month's service (January, 21st, 2009 to March, 21st, 2009), by RR Investment Holdings Inc. for the (MXWF.PK) profile, MARKET AWARENESS, "company material" and advertisement |
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MXWF 0044/ 0044 x 0045 +29.4% 0N 900K VOL
shes coming alive now!
------------------------------------------- Market Medias was compensated 5,000,000 free trading shares of (MXWF.PK) stock, for TWO month's service (January, 21st, 2009 to March, 21st, 2009), by RR Investment Holdings Inc. for the (MXWF.PK) profile, MARKET AWARENESS, "company material" and advertisement |
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