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Afri-Can Marine Minerals Corporation V.AFA



TSXV:AFA - Post by User

Post by mikebobon Oct 26, 2010 11:35am
476 Views
Post# 17612699

Realist one ?

Realist one ?
AFA acquire with is partner IMDH 65 millions shares for saving his face.

+ $ 5.5 million financing maybe optimist at
.10= 55 millions shares

177 millions shares aprox.

= 297,000,000 shares

Now, for developping a new concession it take 6 to 8 years
from
square one to production.

Next step for  f...... shareholders,is reverse split soon, maybe 10 for 1.

29,700,000 shares and lot of options for the management.

Again the only winner is the management with is salary and options.

That's my opinion.
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