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Bullboard - Stock Discussion Forum Advanced Explorations Inc. ADEXF

"Advanced Explorations Inc is a development stage company. It is engaged in the acquisition, exploration and development of properties within the resource sector."

GREY:ADEXF - Post Discussion

Advanced Explorations Inc. > canadianinsider.com
View:
Post by Thinkdifferent on Oct 09, 2013 12:15pm

canadianinsider.com

As of 11:59pm ET October 8th, 2013 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Price Oct 8/13 Oct 8/13 Gingerich, John Cater Direct Ownership Warrants 11 - Acquisition carried out privately 700,000 Oct 8/13 Oct 8/13 Gingerich, John Cater Direct Ownership Common Shares 11 - Acquisition carried out privately 700,000 Oct 8/13 Oct 1/13 Gingerich, John Cater Direct Ownership Common Shares 10 - Disposition in the public market -400,000
Comment by Goldengreen on Oct 09, 2013 3:27pm
This post has been removed in accordance with Community Policy
Comment by Tepin on Oct 10, 2013 4:58am
The warrants are not for free. John has to pay 0,10 CAD each if he wants to convert them into shares within the next 24 months. PS: Are you worried about running out of different stockhouse identities and user names ?
Comment by Goldengreen on Oct 10, 2013 8:58am
This post has been removed in accordance with Community Policy
Comment by Goldengreen on Oct 10, 2013 9:03am
OF COURSE the warrants are a free option. You guys own shares at 5 cents with no warrants. Gingerich just sold 400,000 shares and then bought shares at 5 cents with matching warrants. If the stock price rises he cashes in on the warrants. If AXI goes into bankruptcy then the warrants expire, no harm done. It's a lottery ticket that they gave to the insiders but not to you poor losers.
Comment by Shlinker_ on Oct 10, 2013 7:17pm
Stockhouse informed me they are tracking your IP Address. Like before. Keep posting please ;-)
Comment by Goldengreen on Oct 11, 2013 8:47am
This post has been removed in accordance with Community Policy
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