FOCUS annunces pending sale of Grafoid sharesOTTAWA March 23, 2016 Focus Graphite Inc., (Focus Graphite or the Company) (TSX-V: FMS; OTCQX: FCSMF; FSE: FKC) is pleased to announce its affiliate, Grafoid Inc., and Xiamen Tungsten Co. Ltd. (Xiamen), have signed a Memorandum of Understanding (MOU) for the establishment of a strategic joint venture partnership. The MOU establishes terms for Xiamens acquisition of up to a 20% equity position in Grafoid through the purchase of common shares including up to 7,000,000 Grafoid common shares currently held by Focus Graphite and; it provides Focus Graphite with a portal in China for the future sale of value added graphite products through its strategic partnership with Xiamen. Focus Graphite, with 7.9 million shares, is the largest shareholder in Grafoid. https://www.focusgraphite.com/news-2016/focus-graphite-announces-pending-sale-of-grafoid-shares-and-other-benefits-tied-to-grafoids-mou-with-chinas-xiamen-tungsten-co/ I wonder what happened? PumpTards?