BNET Industries

TX Holdings Inc.

(TXHG) is in the Energy Industry

Market Cap:$4.2M
Last Fiscal Year Sales:$9.3K
  • Public
  • US
Dow Jones Description

TX Holdings, Inc. ("TX Holdings" or the "Company"), formerly named R Wireless, Inc. ("RWLS") and, prior to that, named HOM Corporation ("HOM"), a Georgia corporation incorporated on May 4, 2000, is a holding company. As of December 30, 2005, TX Holdings has a 32.3% equity interest in Freedom Homes, Inc. ("Freedom"), formerly named Homes By Owners, Inc., a Georgia corporation incorporated on December 6, 1999, and formerly a wholly-owned subsidiary, and one wholly-owned subsidiary, Direct Lending, Inc. ("Direct"), a Georgia corporation incorporated on January 9, 1997 and formerly known as Southern States Lenders, Inc. (SEE EXHIBIT 21.1). Freedom principally is a retailer of manufactured homes in the Augusta, Georgia market and also publishes and distributes a periodic magazine, FOR SALE BY OWNER, formerly known as FOR SALE BY OWNER AND BUILDER and HOMES BY OWNERS. FOR SALE BY OWNER lists residential properties for sale by their owners in the Augusta, Georgia/Aiken, South Carolina metropolitan areas and contains advertisements, most, but not all, of which relate to the real estate business. The magazine represented Freedom's only business prior to May 26, 2005, the effective date of the merger ("Freedom Merger") of the former Freedom Homes, Inc. ("Old Freedom") into Freedom, which had been named Homes By Owners, Inc. and was renamed Freedom Homes, Inc. in the merger.

Interim Chief Financial Officer
Michael A Cederstrom
Contact Information

P. O. Box 1425

Ashland, Kentucky 41105

606-928-1131

NAICS Code Natural Gas Liquid Extraction: 211112

Decision Makers

Name (plus bio) Position
Michael A Cederstrom Interim Chief Financial Officer
Bobby S Fellers
Douglas C Hewitt
Martin Lipper Director

Organization Position Status
Tx Holdings, Inc. Interim Chief Financial Officer Current
Dexterlaw Current
Canadian Co General Counsel Former
NYSE Group, Inc. Former
Southwestern University Juris Doctorate Degree Former
University of Utah Master's Degree In Business Administration. Former
University of Utah Bachelor of Science Degree In Finance Former

Bobby S. Fellers, Member Board of Directors - Mr. Fellers Joined TX Holdings on March 28, 2006 as a member of the board of directors. Mr. Fellers has over 30 years experience in the oil and gas industry in both field and offshore operations. Currently, Mr. Fellers is the principal of the Masada Family of Companies which includes Masada Oil and Gas Company, Ltd.

Organization Position Status
Tx Holdings, Inc. Current

Douglas C. Hewitt, Member Board of Directors - Mr. Hewitt joined TX Holdings as a member of the board of directors on March 28, 2006. Mr. Hewitt has approximately 20 years experience in the energy and technology industries holding various positions including chief executive officer at public companies.

Organization Position Status
Tx Holdings, Inc. Current

Martin Lipper, a Korean War Veteran, graduated from New York University in 1958 with a Bachelor of Science degree in Finance and Economics. Mr. Lipper began his career on Wall Street as a securities analyst specializing in bank stock analysis. He joined the Bank of New York and was a senior bank insurance and finance analyst. Later he became co-director of research at Eastman Dillon Union Securities and later Purcell Graham. In 1973, Mr. Lipper became Vice President and Treasurer of APF Electronics. Mr. Lipper recently served as Senior Vice President and Research Director of Baron Group U.S.A.

Organization Position Status
Tx Holdings, Inc. Director Current
Epic Energy Resources, Inc. Board of Directors Current
Brill Securities, Inc Director of Research Former
New York University Bachelor of Science Degree In Finance and Economics Former
advertisement
     TXHG $0.09 0.00 (0.00% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 18,901
Shares Outstanding 47.29M
Market Cap 4.3M
Year High 0.16
Year Low 0.035
Earnings Per Share -0.02
P/E Ratio -4.50
Dividend N/A
Yield N/A
IndustryTop Rated
advertisement
Presented by American Express