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All Penny Stocks.com News: Everton Resources and Focus Graphite Settle Litigation

Wednesday, 01 May 2013 01:00 PM

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MISSISSAUGA, Ontario, May 1, 2013 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Everton Resources and Focus Graphite Settle Litigation.”

Companies mentioned in this article include Everton Resources Inc. (TSX-Venture:EVR) and Focus Graphite Inc. (TSX-Venture:FMS).

Article Excerpt:

The best-laid plans of mice and men, Often go awry. The translation to this form was made famous by John Steinbeck in his novel Of Mice and Men in 1937, but the original form dates back more than two centuries to a Robert Burns poem. Regardless, the meaning stands the test of time that sometimes no matter how well something is thought out, reality has a way of stepping in and disrupting those plans.

Such was the case of Everton Resources Inc. (TSX-Venture:EVR) when it struck a deal to take a 16-percent stake in then-private Focus Graphite Inc. (TSX-Venture:FMS) in 2009. After some amendments, Focus completed an initial public offering and became listed on the TSX-Venture on May 21, 2010. Everton, the largest shareholder, took one seat on the Focus board of directors. With the listing, Everton received 6 million shares of the new public company. Under a Surplus Security Escrow Agreement, the common shares were subject to a 36-month staged release escrow.

The full version of this article can be found at:

http://www.allpennystocks.com/aps_ca/special-reports/344/everton-resources-and-focus-graphite-settle-litigation.htm

About AllPennyStocks.com:

AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs daily technical penny stocks to watch, has a daily market write-up, provides company spotlights, runs unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, NASDAQ and OTC BB, and much more information for the average investor.

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Contact:

AllPennyStocks.com Media, Inc.

Peter Szafranski -- President

Phone: (905) 361-5680

E-Mail: [email protected]

Websites: http://www.allpennystocks.com / http://www.bullishinvestor.com

 

Note: AllPennyStocks.com has not received compensation for carrying the above-mentioned company; a full disclaimer can be viewed here: http://www.allpennystocks.com/aps_common/disclaimer.asp.

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