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Advantex Marketing International Inc C.ADX

Alternate Symbol(s):  ATXMF

Advantex Marketing International Inc. is a Canada-based company, which provides working capital to merchants. The Company also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants. It operates through two segments: Merchant cash advance (MCA) program and Aeroplan program. In the MCA program, the Company provides merchants with working capital through pre-purchase, at a discount, of merchants’ future cash flows. The Company is a re-seller of Aeroplan Points. It sells Aeroplan Points to merchants who are small and mid-sized retailers and service providers. The Company’s merchants operate across Canada in diverse business segments: restaurants; independent inns, resorts and selected hotels; spas; retailers of men’s and ladies’ fashion, footwear and accessories; florists and garden centers; health and beauty centers; gift stores, and home decor.


CSE:ADX - Post by User

Comment by TSXmarketwatchon Nov 02, 2011 8:31pm
329 Views
Post# 19204001

RE: RE: ADX Ask Lots

RE: RE: ADX Ask LotsHi dellbert... at 60 cents you must have bought on the way down... my shares were in the $2 to $4 range!! I can't imagine it getting anywhere near back to that range as the $4+ price was all hype by the previous owners of the company, in my opinion... Unfortunately it's taken many years for the new owners to dig themselves out, hack away the dead wood and start to see profitability on the horizon. There are a lot of bids right now in the 1 to 1.5 cent range, so obviously someone is trying to lock in at a bargain basement price. As I mentioned in another post, over 4.6 million shares were traded yesterday at 3 cents... so I'm hoping that's a good sign... Hang in there... although I would be really surprised to see this head back into double digits any time soon... Pleasantly surprised, of course!
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