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Bullboard - Stock Discussion Forum AXE EXPLORATION INC V.AXQ

"Axe Exploration Inc is a Canadian based exploration stage company. It is engaged in the business of acquiring, exploring and developing of mining properties and also holds interests in properties at the exploration stage located in Canada. It has interests in four properties, which are located in Quebec, mainly in Abitibi area. Its properties include Destorbelle Property, Commandant Property... see more

TSXV:AXQ - Post Discussion

AXE EXPLORATION INC > THEY DONT HAVE THE VOTE TO MOVE FORWARD
View:
Post by Predator2018 on Oct 27, 2018 11:13pm

THEY DONT HAVE THE VOTE TO MOVE FORWARD

EITHER THEY SWEETEN THE DEAL OR THEY FORGET IT.

EXISTING SHAREHOLDERS ARE REJECTING THE DEAL INCLUDING MOST OF THE SIGNIFICANT SHAREHOLDERS.

MANAGEMENT OWNS NO SHARES AND SO HAVE NO VOTE.
Comment by Investor4real on Oct 28, 2018 12:38am
Still don't get it? How management ended up with no shares!
Comment by Manakai on Oct 28, 2018 1:24pm
Without prejudice: I agreePredator: I personally own 975,000 shares and as I have stated to both this board many times as well as the cdnx surveillance about my dismay regarding this 16-1 reverse split I will be voting a HUGE NO!
Comment by Predator2018 on Oct 29, 2018 7:02pm
Todays news proves that they dont have the vote. If they had commitments from significant holders, thet would had disclosed it. VOTE NO TO THIS INSANITY!!!!! AND FIRE DAVID
Comment by atika on Oct 29, 2018 8:05pm
If you read carefully the circular, you will notice that it will cost 361,000.$ to fire David McDonald because of his long term contract with Axe. According to many posters, he does not deserve that money, but a contract is a contract. I think there is a better way to get rid of him - go to page 44 and 45 of the English circular : Pursuant to the exploration management agreement entered (into ...more