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Argex Titanium Inc. ARGEF

Chemicals Basic Materials
"Argex Titanium Inc is a Canadian company producing high-grade titanium dioxide (TiO2) pigment. The company has developed a chloride-based technology, which is environmentally sustainable. The white pigment produced by Argex is to be used in high-quality paints, plastics, specialty, and other applications."


GREY:ARGEF - Post by User

Argex Titanium Inc. > Mininggeneral
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Comment by TomKCamon Jun 25, 2019 6:08pm
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Post# 29862356

RE:RE:RE:RE:RE:RE:RE:Mininggeneral

RE:RE:RE:RE:RE:RE:RE:MininggeneralMinninggeneral,

Can you explain with more details how this would benefit Alnaimi the most (restructure and work a deal with creditors and wipe out the shareholders)?

Alnaimi is not the owner of the tech, it is Argex. The only way it would benefit him the most, would be if he was a creditor. Is he? And even if he is, this is why the NOI process is under a Proposal Trustee and the court. The NOI is between Argex and its creditors. This cannot be that easy. If the endgame was to go bankrupt to give the tech to Alnaimi (an hypothetical creditor), they would have go to bankruptcy without the NOI and involving a Trustee.

I think that if we loose our investment, he will loose it all, just like us.

Tom





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