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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. > This is what will happen as in all bankrupt cases.
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Comment by grandpa67on Jun 24, 2019 1:49pm
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Post# 29856803

RE:RE:This is what will happen as in all bankrupt cases.

RE:RE:This is what will happen as in all bankrupt cases.
Alnaimi is not walking away. Sure he is going to lose some shares and warrants Guys the debentures own the technology. This was done from the secured notes, of 2.4mil. Alnaimi put in 1.2mil so he personally owns half the tech. The board members also own debentures so they would be glad to vote in favor of bankruptcy. So shareholders will get nothing. Argex with these deals will be worth billions. Could raise money in a second but they don't want to. So this is why there is no news from the company they are proceeding with the bankruptcy as fast as they can.
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