Bullboard - Stock Discussion Forum AXE EXPLORATION INC V.AXQ

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"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

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AXE EXPLORATION INC > axq

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Post by Bourse25 on Nov 08, 2018 6:30pm

axq

have you thought how much will the action be if it is refused? everyone will sell their shares and our shares will be worth nothing they have no plan b so it's 25,000 $$ I put in the trash ... that's why I'm going to vote yes and give me a chance to get my money back in 2019

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Comment by endeavour on Nov 08, 2018 6:39pm

who says? where is this information coming from? This feels like blackmail "you will take this deal or else the company is worth zero" - is that what they're really proposing? Seriously? I refuse to believe Management would actually think like that. And with a publicly traded company, it should never be like this. Shareholders are given a vote in important decisions. If voted ' ...more

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Comment by endeavour on Nov 08, 2018 6:41pm

plus, I thought the company had $1 million in the Bank? Certainly, thats what people were stating on here a few months back. If the company hasn't really been active, then the majority of that should still remain, no?

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Comment by atika on Nov 09, 2018 9:03am

After November, 23th, there will be 400,000.$ in the bank. The big expenses over the last 6 months concerned the auditors, layers, brokers and exchange fees in relation with the deal. If the transaction is not approved, there will be 39,000.$ in the bank after the severance payment due to David McDonald. Concerning the new self proclaimed CEO, namely Predator, it seems that he may have not all ...more

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Comment by Investor4real on Nov 09, 2018 10:43am

READY TO BUY 10 MILLION SHARES AT 1 CENT!! EVEN MORE IF NECESSARY!

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Comment by atika on Nov 09, 2018 11:07am

Hi Investor4real. Good idea; in fact, I think it will happen if the transaction is refused by shareholders. Then, you will be in a position to influence Axe's future as Predator who wants to be the next CEO. But it won't be enough to succeed. You will have to find a good project and to raise money to finance that acquisition. I must tell you it is much easier to say than to do. Next, you ...more

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AXE EXPLORATION INC