AVQ 0.00% 2.5¢ axiom mining limited

watching the paint dry., page-24

  1. 8,619 Posts.
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    the original agreement had a conversion price of 37 cents.

    That agreement was torn up and Incor bargained down to a conversion price of 31 cents.

    31 cents is better than 37 cents.

    They had no choice but to convert otherwise their $5m would be gone. Once they finish selling they will get something like 30 to 50 cents back in the dollar. Better than getting nothing back.

    The remaining $10m facility was cancelled and they got all that back.

    That's all fact. What you post is nonsense

    As for Drake, they are a hedge fund. When you open an account with them you know the risks. They will not tell you every investment they make. Stop posting nonsense
 
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