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Bullboard - Stock Discussion Forum 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 Discussion

Advanced Explorations Inc. > More Dilution
View:
Post by crazyanalyst on Dec 16, 2013 4:24pm

More Dilution

This is more dilution.  RB PLC couldn't be paid, so they gave them a lifeline of a year by massive dilution.  How will John come up with 275k to pay them in the short term????  He will have to dilute MORE!

Even if a deal goes through now, which is unlikely.  With the massive dilution over the past year, this stock can't go past 25cents, which it was trading for last year.  Everyone lost major!

Just imagine what happens when the Chinese DEBT DEBENTURE matures in March.  How will they come up with 5 million dollars?  That would mean to Issue 100 MILLION shares?

Dilution, dilution, dilution.....
Comment by Shlinker_ on Dec 16, 2013 7:10pm
Your right about the dilution issues we've seen over the past 2 years. But what im trying to come to terms with is that why would RB PLC, XDIP, and the financial institution they recently paid with shares (cant recall who it was now), take shares as payment???? wouldnt that mean they have faith or know something we don't? why would RB-PLC take shares if this company or the property were ...more  
Comment by Thinkdifferent on Dec 17, 2013 1:22am
Yes, the dilution is terrible for the shareholders. But i think, the last PP cannot close, there is no investor interest in this stock. I think too, XDIP don't want RocheBay, there is no more information for the shareholders. But, i don't understand, what kind of work made Haywood? It seems, there do nothing for AXI?
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