Argex Titanium Inc. ARGEF

RE:For example

[lenumero66]

I think there is a substantial difference between this example and Argex. In both cases, the Chinese want the technology to produce TiO2. I believe in the example here, DuPont doesn't want to sell their technology because they want the competative advantage to defend market share, existing plants, and the billions of dollars that go with it.

In our case, we want to sell/license our tech. Argex has a great idea but no market share to defend.  We have a few hundred grand and getting some licensing income would do wonders for the companies current and future share price.

I'm confident that the current CEO has done this enough that he knows the risks and how to navigate them. But just as a hypothetical, lets say that in the worst case the technology is "stolen" and chinese Ti02 production converts to using Argex tech without paying any licensing fees, and we are stuck in court trying to get paid. This would only happen if the technology works on an industrial scale  and is more efficient (ie it gets proven for us on someone elses dime). At least from a licensing point of view, this is the same as having our commercial facility in Canada built and functional, putting Argex in a good position to license in the countries that play by the rules.