Going Concern ?It is not looking good. What are the odds that the company goes bankrupt? It is looking like that is going to happen. They will be out of cash soon. I don’t think Grafoid will put any money into Focus for that they can build the mine to sell them graphite.
I think the $200,000.00 a month was a way to get cash out while they could. They have the same CEO so he wins with Grafoid getting the money.
It does not look good. Unfortunately.