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Advantex Marketing International Inc C.ADX

Alternate Symbol(s):  ATXMF

Communication 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
Bullboard Posts
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(10)
•••
Post by habsfanon Feb 07, 2004 12:53pm
152 Views
Post# 7018571

I just can't believe......

I just can't believe......that munger wants us to agree to issuing a possible $50M more shares in the next 12 months. I do understand the need from time to time to fund new ventures and even working capital in the right cicumstances. However, how long can munger treat shareholders like mushrooms and expect this free ride. Let's get someone in there with a vision of profitability and get on with it.........habfan
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities