MXWF Automax - NearlyNineThirty.com Stock Market and Financial Forums

James516 · 01-23-2009, 03:36 PM

AutoMax Group Inc.
1211 Marietta Parkway
Marietta, GA 30060
•Phone: 678-933-7350
•Fax: 770-693-9488
Company Website Auto Max Group

Max WiFi Communications, Inc., a communications enterprise has acquired a subsidiary, formerly known as Kern Automotive Group, located in Atlanta, Georgia, which operates its retail and wholesale auto business, which has been servicing the greater Atlanta market for over 3 years.

The new subsidiary, to be named AutoMax Group caters to the less-than perfect credit consumer by offering in-house financing. This market and the number of consumers which could benefit and participate in the program is growing rapidly, particularly because of the present credit crisis and the Company is poised to take quick advantage of this enormous opportunity.

Share Structure Source Pinksheets.com

•Outstanding Shares 250,041,838 as of Jan 9, 2009
•Authorized Shares 495,000,000 as of Jan 9, 2009
•Number of Share Holders of Record-185 as of Sep 24, 2008
•Float 109,041,838 as of Sep 24, 2008

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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 Disclaimer

James516 · 01-28-2009, 01:54 PM

Automax MXWF takes first step in expansion plans..

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 expa nsion plans of AutoMax Group Inc.

AutoMax Group Inc. Signs Inventory Supply Agreement With Atlanta Auto Showcase - Yahoo! Finance

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 Disclaimer

James516 · 01-28-2009, 01:55 PM

AutoMax... maxing profits by minimizing overhead

This statement is from todays news...

"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 se rvice to Atlanta Auto Showcase as well as our customers."

AutoMax Group Inc. Signs Inventory Supply Agreement With Atlanta Auto Showcase - Yahoo! Finance

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 Disclaimer

James516 · 01-28-2009, 01:56 PM

Love this part from the news:

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.

400K a month = 4.8 mill a year.... Nice start... This pinky is bringing in the revs... Cant wait to see how
much hits the bottom line..

AutoMax Group Inc. Signs Inventory Supply Agreement With Atlanta Auto Showcase - Yahoo! Finance

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 Disclaimer

James516 · 02-05-2009, 04:00 PM

CEO Interview Question 1 -8

How long have you been in this business?

About 11 years, I started selling vehicles in 1997 at Eddy’s Toyota in Wichita Kansas. With Eddy’s being a new car dealership they had good access to a lot of trade-ins.

I made salesman of the month a few times in the first year, and in my second year, managed to build a strong customer base and customer relations skill set.

In my third year, I was salesman of the year, making salesman of the month, ten months out of twelve, as well as number one in customer satisfaction with over 200 units sold.

I was then promoted to finance manager and eventually promoted to new and used car manager in early 2000.

In August of 2001, I was offered a very attractive deal by a Chevrolet dealer in Atlanta. I accepted the deal as sales manager and they moved my family here to Georgia.

I worked for them until 2003, when I was offered a job, from a very well respected company within the General Motors dealer group, called “Carl Black”.

I took the position as the used car director and worked for the company until August of 2006, at which point, I resigned my position at Carl Black and started Kern Automotive Group Inc.

Kern started primarily as a dealer to dealer wholesale company that specialized in inventory supply and management.

With inventory supply growing we decided to start our first retail location to capitalize on our growing inventory availability and retail profitability.

In this period we realized the growing need for customer financing on our vehicles, we sought out allegiances with lenders, and began our venture into the “Buy here-pay here” industry.

How many employees does AutoMax currently have?

"Currently AutoMax has two employees on payroll, the rest of our help is all independent contractors, and commission salespeople."

Since inception how many units has AutoMax sold?

"Approx. 1700 units if you include the Kern Sales. "

On average how much does the company turn in units per month?

[COLOR="RoyalBlue"]"In the last two years we have averaged approx. 60 vehicles per month sold.

That average is based on total vehicles sold, over a 24 month period and varies from month to month depending on what type of sale, be it wholesale or retail.

We now see that our ability to turn more profit by growing our incoming inventory through a multitude of unique strategies to be in the best interest of our overall business model."

What is the repo rate? I.e. how many vehicles do you end up taking back?

"One out of ten, will go in to default.

We then send the file to an account manager, that will try and resolve the collection problem.

If that does not work, the vehicle will be sent for repo."

What happens when a client fails to pay their bill?

"That depends on who holds the note, AutoMax, or if the note has already been sold to a lender.

When an AutoMax customer fails to pay their bill the account manager contacts them to work out a payment solution with them.

If that fails, all of our vehicles are equipped with a GPS device and a starter interrupt device. The vehicle is shut off and we relay the location of the vehicle to our repo company for pick up.

The customer is then sued for the balance of the loan in default.

We in turn resell the vehicle for a profit. If the note has been sold, then the lender who bought the note is responsible for the collection of the vehicle, etc."

How does the current economy affect Automax?

"The current economy affects Automax in a very positive manner.

There are more and more good customers on a daily basis, going thru bad times and AutoMax knows they are just a product of the economic times.

We anticipate excellent numbers this year for our finance company, as these customers cannot get financed anywhere else, but dealerships like ours.

Our wholesale operation benefits as more, large, new car dealers, are not keeping the vehicles traded in on new ones.

Instead of stocking more vehicles on their used car lot, they are wholesaling the vehicles to companies like ours, to keep their inventory dollars down.
We welcome the influx of trade-ins and hope this continues throughout 2009. These vehicles allow us to stock our locations with nice pre-owned vehicles and supply our affiliated lots with the same."

Do you foresee collection problems given the economic times?

"If all other collections efforts fail, I have but only one response.

When you buy a vehicle from us and you don’t pay, we get the vehicle back, keep your down payment and litigate you for the remaining balance of your contract. "

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 Disclaimer

James516 · 02-05-2009, 04:02 PM

What kind of advertising plans does MXWF have?

"We are planning on a mixture of print, radio, and local television as well as referrals from franchise dealers, and new car dealerships.

There are also a number of internet, “Buy here-Pay here” and general industry lead generation sites that we will be linking our site to, once it is completed. A number of other unique initiatives are under consideration, but to which I am not going to speak to, until they are rolled out."

Do the expansion plans call for more agreements, like the one press released on Tuesday, or do you plan to acquire other physical used car dealerships?

"Both strategies, are very important to our business and we plan to aggressively pursue both in 2009. "

When will numbers be released for 2007, 2008?

"The 2007 financials for the private company were filed with the government in early 2008.

Our book-keeper is in the process of finalizing our year end receipts and information for 2008 filings to be sent to accounting.

Final figures from our accountant will be released as soon as possible."

What are the financial projections for 2009?

"We are very optimistic about 2009, we have been contacted by a number of dealerships in the Atlanta region who have expressed interest in having us supply inventory to them.

As you know, we have already signed one such agreement and are presently negotiating others at this time.

Also, we are aggressively pursuing other similar agreements with other dealers. We are also working on other initiatives and will update the share holders when it is prudent. All efforts considered, our objective for 2009 is to substantially supercede previous years.

We have already begun many efforts to assist in achieving this goal, and are very positive about implementing further efforts once the new location is open. "

Are there plans to duplicate what is happening in Atlanta, in other cities?

"Yes indeed there are. Presently we are pre occupied with getting our new Atlanta location finalized.

Once Atlanta’s new location is finalized, we intend to follow up on research already underway for our second location.

We also intend to duplicate our dealer wholesale inventory supply program at all future regional outlets."

What is the status on the relocation of the retail outlet?

"I understand your persistence on this matter, I know we spoke about this a few days back and here is your update. In the past we were fortunate to find good locations and they served us well.

For our new location, we are looking for something that suits our clients and us better. In this regard, I am referring to a location with better facilities and higher traffic counts, in areas that consist of clients, that best fit, the demographics we are targeting.

We have performed a number of traffic studies on various locations and engaged in negotiations on a number of properties. Real estate affordability is at an all time high and we want to be sure we get the best suited location at the best possible price. "
When will the Investor portion of the website be completed?

"The website is currently under construction and will be updated in close proximity to the grand opening of our new location."

Are there plans to become fully reporting with the SEC?

"No not at this time, the company is just underway.

If sales in the future justify the added expense, we will certainly consider it. "

Any plans for MXWF to be a fully reporting pink sheet stock?

"Yes, we do plan to achieve pink sheet reporting status."

Do you plan to report financial results on a monthly basis?

"At the moment, our plans are to report our financials on a quarterly basis. "

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 Disclaimer

James516 · 02-05-2009, 04:03 PM

Has the share structure changed since the January 9th, 2009, figures on pink sheets?

"No, I have made no changes to the outstanding share structure."

Is the TA gagged? If so will you remove the gag?

"The transfer agent is not gagged. "

Are you willing to state no reverse split for the year 2009.

"Yes, we have no plans at this time, to reverse split, in 2009."

Does the company have a plan to buy back shares?
"No, not at this time."

Are there any convertible debentures?

"No, there are no debentures. "

What is the expiry date of the restricted shares?

"I will have to refer to our attorney for the precise date, I will say that I do not believe it is any time soon."

Any plans to retire shares?

"At this time we just formed this company. Forgive me but I haven’t given that a moment’s thought yet."

What is the current balance of accounts receivable?

"The balance of receivables are approx $18k.

We do not keep the bulk of our finance receivables long term, we season them and sell them, at a discount to the full contract term price.

This helps to maintain cash flow and mitigate our long term risk exposure. "

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 Disclaimer

James516 · 02-05-2009, 04:05 PM

Updated numbers from the TA

Called the Transfer Agent

Guardian Registrar & Transfer, Inc.
954-915-0105
Confirmed Outstanding Shares 250,041,838 and Authorized 495,000,000 as of today, 2/5/09...

The above information matched this info on pinksheet.com

Pink Sheets | Quotes, Company Info, Filings, News, Short Interest - MaxWiFi Communications, Inc. - MXWF

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 Disclaimer

James516 · 02-06-2009, 09:41 AM

Additional Wholesale Inventory agreements in the works?

The following is a Q&A from the MXWT CEO Interview…

In his own words more Inventory supply agreements are being negotiated.

What are the financial projections for 2009?

"We are very optimistic about 2009, we have been contacted by a number of dealerships in the Atlanta region who have expressed interest in having us supply inventory to them.

As you know, we have already signed one such agreement and are presently negotiating others at this time.

Also, we are aggressively pursuing other similar agreements with other dealers. We are also working on other initiatives and will update the share holders when it is prudent. All efforts considered, our objective for 2009 is to substantially supercede previous years.

We have already begun many efforts to assist in achieving this goal, and are very positive about implementing further efforts once the new location is open. "

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 Disclaimer

James516 · 02-06-2009, 11:33 AM

MXWF - Duplication?

Once they have the Atlanta location up and running, which from all indications should be in the next couple of weeks… Their intentions is to duplicate not only the retail side of what they are doing in Atlanta but also to duplicate the wholesale side on a regional basis…

This is much more than a typical car dealership….

Are there plans to duplicate what is happening in Atlanta, in other cities?

"Yes indeed there are. Presently we are pre occupied with getting our new Atlanta location finalized.

Once Atlanta’s new location is finalized, we intend to follow up on research already underway for our second location.

We also intend to duplicate our dealer wholesale inventory supply program at all future regional outlets."

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
Disclaimer

James516 · 02-06-2009, 01:24 PM

So What are we waiting on?

IMO, and again this is just my opinion… The news will start to flow when they announce
Their new location… All indications are they are close to making the decision…

What is the status on the relocation of the retail outlet?

"I understand your persistence on this matter, I know we spoke about this a few days back and here is your update. In the past we were fortunate to find good locations and they served us well.

For our new location, we are looking for something that suits our clients and us better. In this regard, I am referring to a location with better facilities and higher traffic counts, in areas that consist of clients, that best fit, the demographics we are targeting.

We have performed a number of traffic studies on various locations and engaged in negotiations on a number of properties. Real estate affordability is at an all time high and we want to be sure we get the best suited location at the best possible price. "

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
Disclaimer

James516 · 02-06-2009, 03:31 PM

Financial Reporting status..

Company plans on reporting financial results on pink sheets.com on a quarterly basis.

Any plans for MXWF to be a fully reporting pink sheet stock?

"Yes, we do plan to achieve pink sheet reporting status."

Do you plan to report financial results on a monthly basis?

"At the moment, our plans are to report our financials on a quarterly basis. "
(The above is from the interview with MXWF CEO)

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 Disclaimer

James516 · 02-09-2009, 09:46 AM

stock thin to .006

.002 X .0025

on ask one mm at .0025 one at .0028 then .006

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 [url=http://www.marketmedias.org/disclaimers.htmDisclaimer[/url]

centtrader · 02-10-2009, 10:10 AM

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 Disclaimer

centtrader · 02-10-2009, 10:33 AM

.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 Disclaimer