Mensa Mining Corp (EQBM)

[MSEED]

Agree, not dilution but minor increase to specific entities
IMHO, if it was a dilution we would see much more increase in shares. The 20% or 60M additional shares looked to go to 4 specific entities, likely to whoever EQBM is working with for JV potential. To me, it would seem more real with some shares being given as part of a JV, that way, the JV partner has some actual interest in the company. Plus, a large part of the share count is restricted, and insiders hold 80%.

If you follow the trading throughout the day, the MM's are directing the whole thing, always trying to push down the price back to .012+-. The swings in price from .012-.02+ on low volume then back again show that.

Plus, smart business with a JV is a combination of shares and revenue participation. Why give all the revenue away up front. Make the JV partner participate in the company.

Also, with now being on the Frankfurt Exchange, the liquidity of the shares has increased with much greater exposure. Once the JV agreements are finalized by CEO this week in Switzerland, look for large upside past .03. I also agree with you that the EQBM has been forthright and has done all what their PR's have stated. Does not seem like fluff at all but real information.
Look forward to hearing from you after you speak with Larry.


As always, this is just my opinion, please do your own due diligence.

Best Regards