GREY:ADEXF - Post by User
Comment by
hundredvanities1on May 03, 2012 11:36am
145 Views
Post# 19866448
RE: RE: RE: Question
RE: RE: RE: Question If you wish:
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ADV spent $80,603 on office rent for the nine-month period ended September 30, 2011, so that should be around 110K for the year (they have a $300 million market cap).
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AXI is committed to spend $440,206 on office rent and equipment in 2012 (they have a $44 million market cap).
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I can't find a company anywhere near AXI's market cap, with so little cash on hand, that spends so much on rent and executive salaries. It's ridiculous.