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Bullboard - Stock Discussion Forum AXE EXPLORATION INC V.AXQ

"Axe Exploration Inc is a Canadian based exploration stage company. It is engaged in the business of acquiring, exploring and developing of mining properties and also holds interests in properties at the exploration stage located in Canada. It has interests in four properties, which are located in Quebec, mainly in Abitibi area. Its properties include Destorbelle Property, Commandant Property... see more

Bullboard (TSXV:AXQ)

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Post by Hockey19on Aug 03, 2018 11:25pm

Glad I got out

Well I’m sure happy I sold my 683k shares at 5.5 
Post by endeavouron Aug 03, 2018 4:38pm

I emailed the company voicing my displeasure with this

haven't had a response yet. Not sure if they will respond. Still feeling sick from reading the NR on this proposed transaction.
Comment by shotgun1on Aug 03, 2018 1:14pm

RE:RE:RE:Hoping

 I will vote no. 
Comment by divot111on Aug 03, 2018 12:29pm

RE:RE:RE:Hoping

The split doesn’t bother me. It’s the robbery after the split that irks me. And after the robbery the financings irk me too. It basically makes our shares worth less than a penny pre split. Should be ...more  
Comment by Investor4realon Aug 03, 2018 11:17am

RE:RE:Hoping

Let's start it here! There will have to be about 100 shareholders that vote NO?! let's start the math!! I am one of them! WHO'S NEXT?!! However, a more friendly 8-1  sounds better ...more  
Comment by Happy2K18on Aug 03, 2018 11:02am

RE:Hoping

Me too it is a transaction of savages I invested because there was only 57 million shares I would never have thought of a splitting.
Post by Manakaion Aug 03, 2018 10:39am

Hoping

Someone out there is as tired as I am for taking it  in the rear and starts a “class action”. I will be one of the first to join it!!! M.
Post by Smartereverydayon Aug 02, 2018 11:42pm

Reverse merger is a "Letter of Intent"...they can cancel!!!

AXQ likely was expecting a big surge but reverse mergers with dilution and reverse splits always "crash" and rarely recuperate their losses.  AXQ should scrap the "letter of intent ...more  
Comment by Happy2K18on Aug 02, 2018 6:48pm

RE:RE:RE:RE:RE:RE:RE:RE:Post transaction valuation

You touch a good point is a gamic transaction I hope all shareholders will vote against and these thugs will lose like the little ones, finish the shenanigans
Comment by divot111on Aug 02, 2018 3:35pm

RE:RE:RE:RE:RE:RE:RE:Post transaction valuation

I would like to know how or if they are related or connected to the company they are buying. Nobody gives a deal like that unless it is to family friends or themselves imho.
Comment by Happy2K18on Aug 01, 2018 7:14pm

RE:RE:RE:RE:RE:RE:RE:Post transaction valuation

J'ai investi 25 K dans cette merde et je suis sur le point de le perdre parce que je ne veux pas que ces voyous enrichissent une autre compagnie qui nous ruine. Je vais voter contre et plaider ...more  
Comment by Happy2K18on Aug 01, 2018 5:28pm

RE:RE:RE:RE:RE:RE:Post transaction valuation

I meant that relatives and friends sold at 12 and 16 cents and dropped to 3 cents. They make a 16 for 1 and leave the new company and vote for cheap options. we call it thugs so as not to insult the ...more  
Comment by Desperado89on Aug 01, 2018 4:11pm

RE:RE:RE:RE:RE:Post transaction valuation

lol divot.... and please tell us why you would see this trading around $0.12 post consolidation and post deal? That's less than a penny pre-consolidation. The deal will close at $0.50 and then ...more  
Comment by Happy2K18on Aug 01, 2018 4:05pm

RE:RE:RE:RE:RE:Vote

A split of 5 to 1 would be acceptable. They do not care to give their actions and actions. They will vote for cheap options but we small shareholders will not be entitled to sweets. AMF should ...more  
Comment by divot111on Aug 01, 2018 4:00pm

RE:RE:RE:RE:Vote

They say the deal is such a great deal for shareholders and they are confident but of course when confronted with shareholder concerns they are nowhere to be found. Typical penny stock CEO behaviour ...more  
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