GREY:ADEXF - Post by User
Post by
crazyanalyston Oct 01, 2013 11:47am
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Post# 21781298
How will they pay back 5 million debenture in March 2014?
How will they pay back 5 million debenture in March 2014?How will AXI pay back debenture of $5 million on March 2014? Now that they've bought a few months of time with their own money by diluting all shareholders significantly.
Does anyone have any input?
Also a KEY term of the Roche Bay agreement is that they have to spend $1 million on the property EVERY season or they are in breach of contract.
AXI did not spend $1 million on RB in 2013. This means they are in breach and no longer own it. No one wanted to tell you that did they....