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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 provides merchant cash advance (MCA) and loyalty marketing services to its community of merchants. It also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants. Its segments include 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 habsfanon Aug 11, 2009 8:24am
638 Views
Post# 16208312

RE: RE: RE: Hello out there !!!!!!

RE: RE: RE: Hello out there !!!!!!It's difficult to get motivated with a stock that has a trading gap of .05 cents over the last 2,3 or 4 years.  We hear nothing from ADX other than their usual "pumping" of excuses each quarter.  When I invested many years ago I thought their business model was good.  Their issue has always been execution.  I felt good when the guy from P&G came in but here we are, still basically unprofitable.  There is no benefit to me in selling so I just keep hanging on; checking in once in a while just to see if anything has happened.  HABSFAN 
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