Advantex Marketing International Inc C.ADX

Alternate Symbol(s): ATXMF

Financial Services Credit Services

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

Advantex Marketing International Inc > ADX UpDate

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Comment by vincentmtlon Jul 24, 2020 12:57am

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Post# 31312265

RE:RE:ADX UpDate

"Advantex’s common shares are listedon the Canadian Securities Exchange (“CSE”) under the symbol ADX.Due to operational constraints -managing the transition being a significant factor -Advantex was not in a position to timely file the Fiscal 2019 annual financial statements and related financial documents and the Ontario Securities Commission (“OSC”) issued a ceasetrade order. On May 21, 2020 the company filedFiscal 2019, three months ended September 30, 2019 and three and six months ended December 31, 2019 financial documents. The company shall apply to the OSC to revoke the cease trade order"

The reson: because the company didn't apply to revoke the CTO!!

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