Argex Titanium Inc. ARGEF

Once again… They have not filed for bankruptcy!!

[T005L0W]

Once again They have not filed for bankruptcy!! They have filed a notice of intention to make a proposal under Part III of the Bankruptcy and Insolvency Act. This means they will propose to pay their debt in another way than first stipulated. Nobody here knows why they do this and what it would mean for the company and its shareholders. If anybody suggests that they know the reason behind this and what it would mean, please present facts! Currently there is a lot of writers here who are just spreading huff and puff, fear, uncertainty and doubt. As recent as March 5th, 2019, the company raised 938 K and December 11th, 2018, they raised 750 K. MDs brother even invested in the company. I don't believe they have problem with their working capital. I believe, now speculating, that the company has reached a point where it can really attract institutions as shareholders, and in order to be able to do that full out they need to do the reversed split and clean up the balance sheet.

[grandpa67]

TOO5LOW, If you want facts, join in the conference call on July 3. Turr, I totally agree with everything you said. This is very serious and not just huff and puff, and yes fear is that there is a very strong possibility of all of us losing our hard earned money. TOO5LOW,yes ,the company has always been able to raise funds in the past, so ask yourself this,why is it so difficult now, especially

[Mininggeneral]

Grandpa, besides Mazen not wanting to raise money to keep company float and suspicious trades, where has Mazen committed fraud? You will definitely need more than that to win the court case? I don't believe the law firm is going to do this on contingency basis?

[Mininggeneral]

TOO, Argex files for bankruptcy 2019-06-18 20:16 ET - News Release Stopwatch news releases. Do you understand when the company is 5-6 million in debt and there is no money to run the day to day operations, the company is bankrupt. The courts are stepping in to try to pay creditors. Let's not drink any more kool-aid. Why does everyone here think Mazen or his contacts have to save the company

[Jacksha]

T005LOW, I'm sorry to say that you are far, far too optimistic. They have done this becaue they are out of cash and cannot pay the debts never mind the payroll etc. The ordinary shareholders will we obliterated in any restructuring so, unless yours sitting on senior secured debt you can kiss your investment good bye. Yes they raised in the past which is why it is so suspicious. Follow the