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Gold/Mining/Energy : Direct Focus Inc. (DFXI)

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To: trilobyte who wrote (425)3/4/1999 12:45:00 PM
From: whenitgoesup  Read Replies (1) of 768
 
I agree. The revenue is not needed...their objective is only to get listed in the US.

The stock will hover about where it is now, until the offering closes.

They will trade as DFXI.....dilution of about 10%.....and the insiders are able to cash out a bit without driving down the price of the stock. This is great for us as shareholders......and the insiders get some benefit for a job well done!

After the close of the offering.....I would then expect a share split sometime late this year to help the stock to be more liquid.

Ultimately, it would be pointless to continue on the TSE....and a de-listing can probably be expected down the line.

...Walt!
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