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Advantex Marketing International Inc C.ADX

Alternate Symbol(s):  ATXMF

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

Post by habsfanon Dec 13, 2003 12:26pm
94 Views
Post# 6777599

More to come is right on....

More to come is right on....There is no way in hell last weeks announcement was enough to canel the AGM. It's good news but certainly not earth shattering. I believe something might be up with Aeoroplan or, the new guy that bought into Air Canada or, the company that was involved with the ADX financing early this year. With the recent changes at Aeroplan in terms of being more aggressive with options for spending air miles, they might want to control/benefit from the use of those points. Lets hope someone is pushing Munger to move his butt. Cheers....HABFAN
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