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Advanced Explorations Inc. ADEXF

"Advanced Explorations Inc is a development stage company. It is engaged in the acquisition, exploration and development of properties within the resource sector."


GREY:ADEXF - Post by User

Comment by hundredvanities1on May 04, 2012 7:01pm
194 Views
Post# 19874099

RE: And by the way......

RE: And by the way......

"And by the way, when AXI was trading at their high of $3.00/share in 2007, they only had 19.3 million shares outstanding.....and a total market cap of $57.9 million."

*

Currently AXI has around 152 million shares issued. Walk me through the clown logic here: it's somehow a good thing that AXI's issued 132 million shares since 2007 (and a lot of warrants/options) and reduced the value of an individual investor's shares with massive dilution? You're highlighting this massive dilution for praise? Really?

 

 

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