Friday May 30, 10:21 am ET
TRAVERSE CITY, Mich.--(BUSINESS WIRE)--May 30, 2003--The Auxer Group, Inc. announced today that the shareholders who consented to take action in writing to cause a reverse split of the Company stock have decided to reconsider that action and thus the reverse split will not take place at this time.
The previously stated intention of the Company to make an exchange offer allowing conversion of outstanding common stock into a new preferred class has also been delayed pending review of the reverse split decision.
<A Href="http://biz.yahoo.com/bw/030530/305206_1.html">Click Here For Original Article</A>
TRAVERSE CITY, Mich.--(BUSINESS WIRE)--May 30, 2003--The Auxer Group, Inc. announced today that the shareholders who consented to take action in writing to cause a reverse split of the Company stock have decided to reconsider that action and thus the reverse split will not take place at this time.
The previously stated intention of the Company to make an exchange offer allowing conversion of outstanding common stock into a new preferred class has also been delayed pending review of the reverse split decision.
<A Href="http://biz.yahoo.com/bw/030530/305206_1.html">Click Here For Original Article</A>