Here Is What’s Seducing In PDX PARTNERS INC COM USD0.00001 (OTCMKTS:PDXP)

If you are looking for an exciting small cap story flying largely under the radar, PDX PARTNERS INC COM USD0.00001 (OTCMKTS:PDXP) meets the bill. In this piece, we examine PDXP to show you what makes it a seducing small cap stock that you may want to watch closely.We are going to see how the management of this company has taken the bold and rare step in the small cap world to significantly reduce the number of authorized shares. If can you wonder why reducing the number of authorized shares is such a big deal, sit back and relax because that is covered here. We’re also going to see how PDXP is strengthening its balance sheet by eliminating debt. And there is much more.But before we get into the details, take a look at the share price action. PDXP Daily ChartBusinessFor those reading about PDXP for the first time, we have your back. Here’s a brief profile of the company.PDXP is an American company headquartered in Indianapolis, Indiana. The company has been in existence since 1997. PDXP is a telecom company that is focused on marketing telecom products. It also invests in assets or businesses with compelling long-term growth prospects.Enhancing shareholder equityPDXP made a rare move in the small cap world by significantly trimming its authorized share count. The clear message here is that the board and management of PDXP are implying that they are confident of the company’s ability to generate cash from its operations and attract high-quality investment, thus reducing the need to issue new shares consistently in order to raise additional capital.Here is what happened. On June 20, the board of PDXP amended the company’s Articles of Incorporation. The amendment saw PDXP significantly lower its authorized shares to 3,040,000,000 shares from 10,000,000,000 shares. A lower authorized share count is desired.Why is authorized share count? This describes the maximum number of shares that a company can legally issue. For investors, a lower authorized share count implies limited room for stock dilution – which is good.Patrick J. Johnson, the CEO of PDXP, commented that:

“As we continue to implement strategies to further reduce the company's debt, the game plan will be to further decrease the number of shares authorized as we believe a low number of authorized shares will allow us to sustain a good stock price and build a solid market cap for the company in the long term.”

Source:Up-listing the stockLowering authorized share count is just one of the steps that the board and management of PDXP have taken to enhance shareholder value outside core business execution.The other favorable move by PDXP’s management is up-listing the stock. The company intends to apply, in the near future, for listing of its common stock on the OTCQB component of the OTC Markets Group. The OTCQB market is America's venture market designed for early-state and developing US and international companies. More than 900 companies are listed on the OTCQB, and together those companies have a market cap in excess of $70 billion.It takes rigorous review for a company to be listed on the OTCQB – and as we are about to see, the rewards from such listing are many. For example, OTCQB listing increases a company’s exposure, liquidity and has a positive impact on the market cap. For investors, the other way to understand this is that listing on the OTCQB will make PDXP to be known by many potential investors and it will become easier to trade the stock.Balance sheet cleaningPDXP’s CEO, Patrick J. Johnson, talked about debt reduction in the comment we’ve just seen above. We examine the company’s debt reduction efforts here because we believe this is something that should come out clearly as it shows commitment to clean up and strengthen the balance sheet.Since 2015, PDXP has eliminated more than $2,200,000 in debt. That leaves the company with less than $320,000 in debt. The balance sheet is strengthening – and strong balance sheet should help PDXP avoid potentially toxic fundraising.What next?In its “go forward” strategy, PDXP has identified continued development of its business concepts and improving shareholder equity as priorities. Strategic acquisitions and investments and up-listing to OTCQB will contribute to these goals.In a move that fits into its “go forward” strategy in relation to strategic investment, PDXP on September 28 announced an investment and marketing agreement with TeleQuery.Net, Inc. First, TeleQuery develops and owns a broad range of secure telecom services offered to consumer, business and government markets. Its products are sold in the US, Europe, South America and Austral-Asia.Under the agreement, PDXP will provide development capital and advertising funds to develop and market TeleQuery’s new and existing products.ConclusionPDXP is establishing itself as a small cap in a class of its own and the stock will positively reflect these efforts.We will be updating our subscribers as soon as we know more. For the latest updates on PDXP, sign up below!Disclosure: We have no position in PDXP and have not been compensated for this article.