Exxe Group Inc (AXXA)

[maddyandboomer]

1. You don't sell Cds into market

A. You sign a convertible note with a discounted price (i.e.duanne phillipe had a 35 discount) usually lowest pps over previous 20 days b/c you gave company cash.

B. After a year, one can convert for free trading shares assuming company is rule 144 eligible otherwise it is 4a-1 and CDer has to wait 2 years.

C. The company is legally obligated to issue shares whenever a notice of conversion comes in.

D. SO WHEN A/S IS MAXED OUT SOON....BORIS WILL NEED TO DO AN R/S OR RAISE A/S TO MEET CONTRACTUAL OBLIGATIONS