Hey Rollin! I'm watching this like a hawk! I called Kim Sheridan, the Public Relations contact, & asked her if Pure Romance was going public. There was no hesitation. She said "We are not commenting on this topic at this time!"
Don't know if you've seen this but it looks promising. I recieved this E-mail from a stock tout. I usually do not even consider crap from these newsletters but there appears to be some meat to this. This would explain the recent interest in this stock which at this point does not appear on anyone's radar. I've looked & can't find anything recent on ZAXS.OB.
ZAXS.OB – Pure Romance Inc. Merger
Last year, Pure Romance Inc, a company with a decade of continued annual revenue growth, reaching 60 million dollars began exploring the possibility of going public via a reverse merger with a publicly traded shell. (*See the PureRomance web site. Select News and events.)
The company initially explored the possibility of merging into the UVCL.OB shell but decided to quietly explore another opportunity. Recently, several financial sites and a group of investors on the hotstockmarket web site have confirmed that ZAXS.OB is in fact the company. (* See "My company's going public" topic at the hotstockmarket financial message board.)
In October 2004, Zaxis International emerged from bankruptcy. As a result, the company became a shell entity free of all liens, claims and interests of others. The sale was free and clear of any and all other real or personal property interests. The Company currently is not a party to any leases and does not have any commitments. (*SEC Quarterly)
In November, 2004, the company authorized 100,000,000 million new shares of common stock. There are 92,933,155 outstanding of which the CEO owns 71.8 million shares or 69.51% of the company. The share price currently trades between .02 and .03. (*SEC Quarterly)
Mr. Ivo Heiden was appointed President by the new board of directors on October 19, 2004. Mr. Heiden has recently negotiated mergers, acquisitions and stock purchase agreements involving several different private operating companies including PlanetLink Communications, Inc., Nettel Holdings, Inc., and Lexor Holdings Inc. (*Search Ivo Heiden PlanetLink, Nettel, and Lexor Holdins Inc.)
A company insider has confirmed that Pure Romance is working with Mr. Heiden and we believe that Pure Romance and ZAXS.OB could be weeks if not days away from announcing a definitive merger agreement.
When private companies announce mergers into publicly traded shells, share prices increase several 100% and often 1000% . When ZAXS.OB announces a merger agreement with Pure Romance, a company that generates 60 million in annual revenue, the share price is expected to reach several dollars.
We will continue to update our members as developments occur.
HotOTCstocks!
