Addax Petroleum (fka AXC)

[nordicroots]

As the number of shares outstanding increases so do the number of shares tied to the required SEC reporting thresholds. Even so, its still hard to imagine that all those shares being flipped are still being spread thin enough among all the holders (old and new) such that no one is yet required to report per the SEC rules. Do we really have that many "new" minnow shareholders? Do we have accumulators out there interested in wrestling control of the Company from the LT shareholders and they are simply not reporting for the purpose of stealth and surprise? (Que the dramatic music

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