MINFOCUS EXPLORATION CORP V.MFX

financing price

[bluemoons20]

This whole process is a joke  (omly NOT funny)   Now that the stock has been rolled back it is  basically a new shell and  should be financing @  $0.50  plus  to get some capital.  Since it has some potential assets  it should likely command even more.  The old shareholders should get some benefit  , though it would not be much even @  .50 .

Any property  that proves worthy of  development will require maybe $200 million to build out.   Financing @  0.05  won't get anyone very far.   Scrap the financing and lets get onto a new ballgame  with  a fresh start  at a semi reasonable price  (#1  or $2  would be better).

[GenHandgrenade]

The financing is going to dilute GBC and Harper (each of whom owns around 19% of MFX shares diluted or not) down quite a bit if it goes through. I just don't see this happening. I am looking for a fair offer from GBC for the shares they don't currently own. Alternatively I suppose GBC and Harper can let this go and sell off their holdings in MFX. Probably drive the price to .005 in short