Alabama Graphite Corp. Com ABGPF

RE:Northern Graphite

[sphereweb]

I guess this is not good.. yes i agree we need an answer from ALP, ASAP!

philcar wrote: Northern Graphite just released this statement this morning, Alabama needs to RESPOND! 

A competitor of the Company, whose CEO is a former executive of Northern, recently released a Preliminary Economic Assessment ("PEA") which is based on a "proprietary low-temperature purification process" claimed as its own. Northern believes there is sufficient information in the PEA to conclude that this process is essentially a copy of the one developed by Northern at considerable time and expense. Northern considers its process to be proprietary intellectual property which is protected as a trade secret and confidential information at common law and through confidentiality agreements which remain in force. Any attempt to use the technology will be met with the appropriate legal response. Reagent consumption and reaction times are very low when the process is used on Northern's concentrates and this may not be the case for others.