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Advanced Explorations Inc. ADEXF

Metals & Mining Industrial Metals & Minerals
"Advanced Explorations Inc is a development stage company. It is engaged in the acquisition, exploration and development of properties within the resource sector."


GREY:ADEXF - Post by User

Advanced Explorations Inc. > hey Goofy goof
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Comment by Greenandgrizzlyon Mar 08, 2012 4:03pm
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Post# 19645734

RE: RE: RE: RE: RE: RE: RE: RE: RE: hey Goofy goof

RE: RE: RE: RE: RE: RE: RE: RE: RE: hey Goofy goof

That's a good comparison, actually. A zero percent car loan, even though it's on great terms, is still debt. If you don't pay it off then the car will be repossessed.

*

XinXing has given AXI a $5 million loan. If XinXing doesn't convert to shares, and AXI can't pay the loan back, then XinXing has a claim on AXI's assets (it's 49.9% interest in Roche Bay and Tuktu). A debenture can be dangerous.

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Dealroom for high-potential pre-IPO opportunities