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Bullboard - Stock Discussion Forum AXE EXPLORATION INC V.AXQ

"Axe Exploration Inc is a Canadian based exploration stage company. It is engaged in the business of acquiring, exploring and developing of mining properties and also holds interests in properties at the exploration stage located in Canada. It has interests in four properties, which are located in Quebec, mainly in Abitibi area. Its properties include Destorbelle Property, Commandant Property... see more

TSXV:AXQ - Post Discussion

AXE EXPLORATION INC > AXQ ONLY NEEDS EQUITY STAKE IN TERRA NOT FULL 100%
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Post by Predator2018 on Nov 15, 2018 10:46am

AXQ ONLY NEEDS EQUITY STAKE IN TERRA NOT FULL 100%

DEAL SHOULD BE RENEGOTIATED FOR A 25% EQUITY STAKE WITH RIGHT TO 100% BASED ON TERRA MEETING CERTAIN MILESTONES TO LICENSE

IF NOT, AXQ CAN EXIT THE DEAL, HIRE A NEW CEO AND REFOCUS TO MARIJUANA RETAIL DEALS IN USA, MEXICO AND CANADA
Comment by atika on Nov 15, 2018 11:01am
Well, Predator, IT'S TOO LATE TO CHANGE ANYTHING IN THE DEAL. Do you seriously think that Terranueva would have accepted a 25% equity in their company and would have accepted to give a call to Axe for another 75% AT THE SAME CONDITIONS ? You are dreaming or don't know the business. With the production license scheduled for the next 5 weeks or so, do you seriously believe that the price of ...more  
Comment by Predator2018 on Nov 15, 2018 3:18pm
SEE THE PAST DEAL STRUCTURES I POSTED EARLIER. IT CAN BE STRUCTURED LIKE SAY: - 25% FOR XXX NUMBER OF SHARES AND XXX DOLLARS OF CASH FROM AXQ - 50% UPON LICENSE FOR YYY NUMBER OF SHARES AND YYY DOLLARS FROM AXQ - 75% WHEN TERRA PROFIT MARGIN HITS XXXX AMOUNT  - 100% WHEN TERRA DEVELOPS PHASE 2 STAGGERED WITH HIGHER CASH AND COMPENSATION FOR TERRA AND REDUCED RISK FOR AXQ AS TERRA ...more  
Comment by atika on Nov 15, 2018 3:49pm
Hi Predator. Were you present at the last AGM on March, 27th ? Did you vote your shares ? I was there with another shareholder and you were not. To influence David McDonald and his board was possible LAST SPRING ! IT IS TOO LATE NOW. I don't understand why you don't realize that the actual vote is concerning an agreement reached by Axe, Terranueva and the layers involved in the negociation ...more  
Comment by Predator2018 on Nov 15, 2018 4:04pm
GLAD TO KNOW THAT WE ARE BOTH SHAREHOLDERS. MY SUGGESTION WOULD RESULT IN A WIN WIN SITUATION FOR BOTH TERRA AND AXQ SHAREHOLDERS MANY DEALS LIKE THIS ARE STAGGERED BECAUSE IT IS TOO MUCH FOR A TINY COMPANY LIKE AXQ TO SWALLOW 100% OF TERRA. WITH STAGGERED OPTION STARTING FROM 25%, AND THEN TO 100% AS TERRA REACHES MILESTONES, AXQ SHARE PRICE WOULD BE INCREASING AND TERRA WOULD BENEFIT FROM IT ...more  
Comment by atika on Nov 15, 2018 5:13pm
Predator, you are still trying to renegotiate a deal which has agreed upon by both Axe's board and Terranueva's board 4 months ago. Even the exclange gave his approval to the transaction ! That agreement is submitted to Axe's shareholder to be accepted or not. At this point, you can say that it could have been made differently. Of course, the deal could have been better for Axe's ...more  
Comment by Predator2018 on Nov 15, 2018 7:07pm
CLEARLY YOU ARE NOT A SHAREHOLDER OF AXQ OR YOU ARE BUY JUST BEING STUPID OR NAIVE. WORST CASE IS DELAY AND THAT IS FINE FOR A BETTER DEAL THAT WILL WORK FOR ALL PARTIES. A TRUE SHAREHOLDER MUST NOT BE DISCOURAGING OTHERS FOR A BETTER DEAL THAT WOUKD BENEFIT ALL. THE PROBLEM IS THAT CURRENT AXE INSIDERS HAVE NO SERIOUS VESTED INTEREST AND ARE NOT DEAL MAKERS.
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