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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

Post by crazyanalyston Jul 04, 2013 10:46am
199 Views
Post# 21588736

this stock is finished...

this stock is finished... issuing haywood 1.25 million shares and 115k each month over the year will result in 2.63 million shares. Which is 1.6% dilution, not on a massive scale.

The way haywood sees it, if they get a deal done, this could be worth potentially 2.63 million dollars to them, at $1.00 a share

If they don't, they can liquidate at 5 cents for 131k or less, which pays for some of the professional services they performed.

It is in their best interest to get a good deal.  At this point your investment is worthless, if a deal is reached, i see 50cents to 1dollar valuation.
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