Ag Growth International Inc

[cottonpicken]

Or a different pool of shares on the same
company,which i did not know could be split up like
that.

[AllisWD45]

Did a little searching and maybe this could be the
deal. This company owns companies like Twister,
farm King West field among other shortlines plus a
belt conveyer and chain link manufacturer in the US
plus a couple of aeration equipment manufacturers.
They also do a lot of design work in grain handling
systems etc and then supply the machinery for
these designs world wide including places like
Kazakhstan and Mongolia. They specialize in unique
system design. Carry this one step farther it just so
happens that in those circles DB is short for design
and build. Maybe a separate arm of their company.
Just speculating but now i really want to know and
can't wait to talk to their investor relations guy

[AllisWD45]

BAZINGA. Found it The"DB" is a separate arm of the
company separately capitalized on the Venture
exchange of the TSE. They are the same company
but trade on both exchanges.I have never seen that
before and don't know why. The common shares
trade under the symbol AFN.TO and the separate
wing trades under AFN.DB.VN. Same company but
trading on two exchanges.
Cotten can correct me but i believe this Venture
exchange is usually very small companies looking
looking for start up money and are very high risk.
Usually when they grow up they get a seat on the
TSE. A lot of these VN companies trade for pennies
a share usually

[Hopperbin]

I found this

Definition of the DB in a stock symbal extention
•DB - debenture

Now definition of Debenture

Debenture
A long-term debt instrument issued by corporations or governments that is backed only by the integrity of the borrower, not by collateral. A debenture is unsecured and subordinate to secured debt. A debenture is unsecured in that there are no liens or pledges on specific assets

[Hopperbin]

So in essense a db stock is created to manage debt, with absolutely no security by the corporation. Do they pay some sort of interest payment, there is no dividend payment according to my trading site. What force of nature is holding their value. Perhaps my trading site is off kilter cause it shows 1.2 million shares outstanding and an average volume of 1.34 million. Meanwhile I only see 15,000 of volume for the average past few days. hmmmm something to bring up to the investor relation guy for sure, he should be able to answer those questions. Thanks for your help.

[Hopperbin]

Ok this explains it, it is a bond so must pay interest. So why cannot we find on the companies website what they are paying in interest on this bond? Something an investor might want to know, remember what happenned to Sask.Wheat Pool when they were dealing with paying 15 percent to the bond holders?

http://en.wikipedia.org/wiki/Debenture

[Hopperbin]

Found the bond info this explains it all.

http://quicktake.morningstar.com/stocknet/bonds.aspx?symbol=afn&country=can

[cottonpicken]

Heard today sprott just took off the gloves in
silver,wants delivery of 1.2 billion worth.

A cyclone of investors is following suit.

[Hopperbin]

Maybe I could rent him my tandem truck.

[Hopperbin]

Allis this posted topic may get burried, if you still get the chance, I have my biggest question yet is what type of dividend do they pay, elligible or non elligible, and what effect the dividend has on the net earning number is it considered an expense and subtracted or is it still considered profit, like the dividends I pay myself are still considered as profit on my farm corp and taxed at the corporate rate the farm pays the tax.
This dividend thing has always been confusing to me, guess I could get an accountant to explain also. I just know the dividend should have some affect on the earnings number depending on type of dividend.