Gratomic Inc V.GRAT

Alternate Symbol(s): CBULF

Gratomic Inc. is a Canada-based junior exploration company that is engaged in the acquisition and exploration of assets located primarily in Canada and Namibia. The Company is focused on supplying graphite. The Company’s projects include Buckingham Graphite property, Aukam Graphite Project, Capim Grosso, and Jacobina & Igrapiuna Graphite Projects. The Buckingham Graphite property covers approximately 480 hectares in eight claim blocks and is located seven kilometers (km) northwest of Buckingham, Quebec, Canada. The Aukam Graphite Project is located in southern Namibia close to the port city of Luderitz. The property is comprised of exclusive prospecting licenses (EPL) 3895, EPL 6710, EPL 7512 and EPL 7513 that cover an area of 141,600 hectares in the Karas region of southern Namibia. Capim Grosso is situated at the center east portion of the Bahia province, approximately 280 km from the port of Salvador, at the province capital, and 166km from Feira de Santana.

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Gratomic Inc

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Comment by benbolaon Sep 20, 2013 5:31pm

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Post# 21756132

RE:RE:RE:RE:When insiders are selling

guyf1963 wrote: Do you confirm that it is management selling?

Yes, none other than the CEO and CFO.

According to INK, so far in September ...

1. The CFO (John Parker Masters) has cashed in 250K options and sold them all, leaving him with 175K options, and no stock held.

2. The CEO (Michael England) has reduced his share holdings by over 50%.

But don't worry, I'm sure they'll issue themselves a million or two fresh options soon, so in a sense you could say they'll still have a big stake in the company ... admittedly at the cost of diluting everyone else. LMAO

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