CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT

Advantex

[BayWall]

Another Aeroplan reseller along with other services.

 

March 2012:

 

Non convertible debentures $7,412,000 around 12-15% interest

Short term loans $6,455,000

 

Barely making a profit trades at 1/2 cent. 100 million + shares outstanding. Maybe time for a rollback. Accumulated deficit nearly $30 million vs $36 million for Fuutra.

 

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If I didn't take a closer look, could be for all intents, Futura.

 

Advantex is struggling with its own debt load. Maybe CCAA is next. But its nothing to do with lenders plotting to get a company on the cheap. It's appears to be the nature of the loyalty business

[gofx]

Perhaps, but the realities of the loyalty business don't have much say about the realities of the unsuccessful startup business.

[BayWall]

Like I once mentioned. Aeroplan and the merchants are making good, but Futura is taking the losses.   Ok. So there was a 6 month slowdown in sign-ups. But I bet there are many car dealers/auto service centres still willing to sign up. Maybe the lack of money has caused the slowdown. Got to get the word out. If so, this is good for the future.   I was thinking that maybe nobody cares