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Maxim Resources Inc. V.MXM


Primary Symbol: MXMSF

Maxim Resources Inc was incorporated on January 25, 1988 in Canada. The Company is an oil and gas exploration company. It is engaged in acquiring, exploring and developing oil and gas properties in Canada, United Kingdom and Morocco. The Company's project portfolio includes the assi Berkane Block is located onshore in the northeast part of Morocco and encompasses 5,116 km with 2-D seismic data.


EXPM:MXMSF - Post by User

Bullboard Posts
Post by SRT10on Jul 18, 2010 11:07pm
447 Views
Post# 17277980

a little humour for Sun.

a little humour for Sun.here is an excerpt from a post from the IR dept from April 28, 2009

You(srt10) are a waste of time. Let us get on with building a company.

yep 6 days later the company was issued a cease trade order.  At  that time we lost the working interest agreement and ended up with a profit sharing agreement which I invite you to see how much profit there has been to share.

Now Colins' idea of building a company involves a 4 for 1 roll back , 5 mil. shares issued at a pre-consolidation price of 5 cents with a half warrant exercisable @ .075 (2 warrants) , how does that feel to the guys that bought that 100% over subscribed  .18 share and full warrants (how was that money going to be spent?).

So the question you have to ask yourself is how is the 11.6 mil. going to get in the coffers and at what cost?
Bullboard Posts

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