Endexx Corp (EDXC)

[neverenough44]

For stocks like Endexx dilution is going to be required and in fact I expect it. They need money to attend these conferences, make acquisitions and roll out new business (m3hub, autospense etc). Selling stock to enable them to execute their business plan is not an issue. However, the more the stock is worth the less they have to sell, that is why I am concerned with the lack of increase in share price.

This is from the last quarterly report.... not a big deal especially compared to pretty much every other penny stock.

On January 22, 2014, the Company entered into a subscription agreement with an unrelated
individual for 66,000 shares of our common stock for $5,000 or $0.0758 per share.
On February 14, 2014, the Company entered into a subscription agreement with an unrelated
individual for 1,000,000 shares of our common stock for $100,000 or $0.10 per share.
On March 7, 2014, the Company entered into a subscription agreement with an unrelated
individual for 1,000,000 shares of our common stock for $100,000 or $0.10 per share; in
connection with this placement we also recorded a common stock subscription receivable of
$100,000. Subsequent to March 31, 2014, we received the payment for this transaction.
On March 31, 2014, the Company entered into a subscription agreement with an unrelated
individual for 62,500 shares of our common stock for $10,000 or $0.2395 per share.