Post by
1student on Mar 07, 2024 8:15pm
For GripnRip And More So For We Other NGC Shareholders
GripnRip,
You present as being a company shill and a disingenuous apologist for those who would repetitively fail whilst ensuring to have annihilated NGC's share price and our respective equity investment value.
You are a simpleton at best.
In response to what can only be classified as pure idiocy which you elected to share here regarding NGC representtaives failure in exercising the option to purchase NeoGraf Solutions LLC, I would expect only you would be the kind of idiot who would ask your clients (shareholders) to even remotely entertain purchasing part of or the entirety of an asset (NeoGraf Solutions LLC) without first telling your clients (NGC shareholders) what the listed price for such an asset would be.
It's not a question you wee little pube.
Here's how much of a simpleton - and a quite disingenuous one at that - whom you, GripnRip, entirely and quite disingenuously present as being.
Fact: It wasn't really the price of the house ("NeoGraf") which mattered any more than, amongst other factors, the would be purchaser's ability, both then and especially presently, to in part pay what was the intentionally not disclosed price.
Understand that given the annihilated NGC.V share price since that proposed purchase of part of or all of "NeoGraf" equity had been announced and given a resulting NGC share price which clearly would not be allowed to be moved upward towards at least to $1.00, it was likely going to cost Imerys SA and Sprott and "friends" more of their respective invested "various efforts" (in priming the share price) and also greater sums of capital (see the required and NGC expected capital derived from the exercise of all those outstanding much higher exercise priced warrants) than the representatives of said "stakeholders" and employed "friends" were going to be prepared to provision in facilitating the requisite priming and pumping of NGC's share price.
It would go without saying that absent the kind, quality and quantum of "pump worthy" company developments with which to draw the over all equities market participants attention toward taking up an investment in NGC and without the necessary triggering of the exercising of all those "Sprott" and Imerys and "friends" held warrants, the exercising of the "NeoGraf option" and the ensuring of the final consummation and closing of the proposed NeoGraf Solutions LLC deal simply could not be assured.
Alas, "Sprott" representatives likely outright told Hugues Jacquemin that the leveraged graphite materials associated capital tap was closed and that there was simply no demand from any perhaps interested and would become NGC equity investors, demand which is fundamentally important to undertaking any type transaction involving the purchase of part of or the entirety of "NeoGraf" and Imerys.
After all, the level of absolutely little demand from various market participants at current fully valued NGC share price points ($0.18 book value per share) was simply not going to be conducive to the facilitation of a partial exit or entire exit strategy intended to be employed by or on behalf of the group of financial investors who are presently vested of the outright control of NeoGraf Solutions LLC.
Everybody appreciates a 50% discount to book value per share, which is $0.09, as an equity investment share price entry point; and yet such a 50% discount to book value per share doesn't facilitate the necessary increase of the NGC share price to price points which would serve in necesarily triggering the absolutely needed exercising of all those $0.75 warrants and all the other warrants held by "Sprott", Imerys and others.
It's just about time for Hugues Jacquemin to be promoted to Chairman of the Board of Directors and Greggory Bowes to be put out to pasture and take up a consultant role with the company, so to speak.
At that point, a new CEO can be appointed to replace Hugues Jacquemin and some serious damage control can be undertaken in appeasing long downtrodden NGC.V equities investors who have likely already sought and retained legal counsel in taking legal action against the officers and directors of the corporation.
It's either that or this whole kit and caboodle gets sold for $0.40 per share before that likely pending launch of any suggested legal action against the officers and directors of "the corporation" and the corporation they've hardly adequately represented can gain the appropriate footing.