Advanced Explorations Inc. ADEXF

Think a bit more

[behrhunter]

It is a convertable debenture. That is a loan instrument with a convertable option.
typically secured by the assets of the company. If there is a default, they do not convert. They get the whole thing.  The deal with RB plc is the real issue here, but in any event , the AXI shareholders are going to  get thrown out of the mix, either by dilution, or outright kicked out.
sell if you can...good advice. But who is going to buy what is essentially a company shell with a pile of debt and no money? Wait until the next financials appear.  Read the notes.
i am waiting until RB plc rises agin, for the third time to exploit this property.  They are the ones making millions from the shareholders. Smart fellows. Alot smarter than Gingerich and company.