FOCUS VENTURES LTD. V.FCV

News Release - Indargo to purchase 1,000 tons/year

[R_J_]

Wow! Three Days - Three News Releases.
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Memorandum of Understanding [MOU].
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Focus Ventures signs MOU for off-take of phosphate rock with Indagro
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For One Million Tons per Year.
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https://www.focusventuresltd.com/i/pdf/2017-07-27_NR.pdf
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Last week we singed up, July 21, we signed a Memorandum of Understanding with Keytrade.
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Focus Ventures signs MOU for off-take of phosphate rock with Keytrade
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For up to One Million tons per year.
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https://www.focusventuresltd.com/i/pdf/2017-07-21_NR-iehfuehj.pdf
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Do we have that much for sale?
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There was a movie, ‘The Producers,’ where the principals sold 50% of the profits to a dozen people [LOL].
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RJ

[Resworld]

I was wondering the same thing RJ.  The Corp presentation highlights a plan to produce 1 million tons/year. Can't sell it twice but I guess both MOU's say UP TO one million tons.  The more demand the better to a certain degree 

[wayned]

  This is how it usually works after management exhausts all options and a new guy takes over .  They will collapse the shares in a reverse split of ten or fifteen for one . Then they will do a large private placement taken up by insiders . They will start very simple production with contractors and probable make good money . The current common shareholders will get virtually nothing