Bullboard - Stock Discussion Forum 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... see more

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CSE:ADX - Post Discussion

Advantex Marketing International Inc > $38M ADX Stock Worth $1.27M

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Post by Loony on Oct 08, 2022 11:27pm

$38M ADX Stock Worth $1.27M

https://www.newswire.ca/news-releases/advantex-marketing-international-inc-806848530.html

The Share Consolidation has reduced the number of existing Common Shares from 7,601,775,214 Common Shares to approximately 253,392,507 Common Shares. A letter of transmittal has been sent by mail to registered shareholders advising that the Share Consolidation has taken effect. The letter of transmittal contains instructions on how registered shareholders can exchange their share certificates for new share certificates representing the number of post-consolidation Common Shares to which they are entitled.

ADX reached 0.005 with 7.6B shares. Strange isn't it?

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