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Bullboard - Stock Discussion Forum Argex Titanium Inc. ARGEF

"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 Discussion

Argex Titanium Inc. > One Question
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Post by Menace46 on Jul 03, 2019 5:25pm

One Question

Are the 2016 notes secured by the technology? Or is that something someone made up? If that debt(2.xxM) is secured by the tech it makes total sense for the holders of the notes to sacrifice there shares and bankrupt the company. Another thing I’d like to know is who was doing the selling pre insolvency/bankruptcy news. In my opinion the answers to those two questions paint the entire picture. GLTA
Comment by Mininggeneral on Jul 03, 2019 5:31pm
Menace, if those notes are secured debts, then they are part of the creditors group who will get a settlement if Argex gets restructured. Let's be honest, there is now way to know who sold their shares pre-bankruptcy, unless the exchange investigates. This is not Bernie Madoff, dealing with billions of dollars, looking at 5-6 million. Sad reality, unless Mazen, directors were so stupid to sell ...more  
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