Cover letter that came with the Harvey Westbury Certificate (OCR scanned):
March 4, 2005
Dear Shareholder:
Because you were a shareholder of The Auxer Group, Inc. on the record date of January 9, 2003, you are receiving an additional stock certificate for Harvey Westbury Corp., previously a wholly owned subsidiary of The Auxer Group, Inc. (now known as Viva International, Inc.). The Company is approved for trading in the pink sheets and a market should develop soon so consult your broker if you desire to buy or sell the Company's common stock.
Harvey Westbury Corp., located in Paterson, New Jersey has approximately 4,000 shareholders and will trade under the symbol HVYW.PK. The Company has been in existence since 1967. A unique seasonal line of products has allowed the Company to endure the changing economy; as well as several hands of ownership. Its early days mark the inception of several automotive and marine products, such as anti-freeze and battery testers; as well as developing one of the first cream paste wax formulas still used predominantly in Puerto Rico today. Other products such as carbon monoxide detectors, rubber drain-plugs, and air-conditioning kits also remain within the company's distribution, benefiting from a loyal customer base.
Recently we introduced a new line of products including oil, air and fuel filters. The Diamond brand name has generated so much interest within the industry that with the proper funding it could grow into a very profitable product line. Because Harvey Westbury Corp. has an extended history in the automotive and marine industry, the company has cultivated several large distributors, such as Carquest, Boater's World, Warren Distribution and West Marine; all of which have large buying resources to support the targeted revenues of our business model.
Management plans to bring the company into fully reporting status by filing a Form 10SB that will allow the company to file to trade on the OTCBB. The current 4,000 shareholders already give the Company an existing audience for public announcements, which will help preserve an interest in the Company when promotional opportunities arise. Additionally, the Company intends to pursue several preliminary discussions regarding acquisition opportunities that could dramatically increase our revenues.
Management is also seeking new investment funding of $1 Million, in order to carry out a two-phase growth plan. Phase one involves the purchasing of inventory levels to support the obtainable sales program. The current growth model anticipates 75% monthly inventory turnover with an estimated 40% gross margin. The current warehouse capacity can facilitate approximately $10 million in annual gross revenues while sustaining the same fixed costs and providing only a minimal rise in operational expenditures. Phase two provides the company with added revenues from potential acquisition opportunities. We look forward to executing this business model in the coming months.
Additional information on the Company may be obtained by contracting the Company at
(973) 864-0800.
Yours truly,
HARVEY WESTBURY CORP.
Eugene Chiaramonte, Jr.
President
AI
