Focus Graphite Inc V.FMS.WT

Primary Symbol: V.FMS Alternate Symbol(s): FCSMF

Focus Graphite Inc. is a Canada-based advanced exploration company, which is focused on developing high grade flake graphite deposits to supply battery grade graphite. The Company's projects include Lac Knife and Lac Tetepisca. Its flagship Lac Knife Project is a 100% owned, high-grade crystalline flake graphite deposit located in northeastern Quebec, about 27 kilometers (kms) south of Fermont. The Lac Knife project is comprised of the Lac Knife property plus an isolated block of 12 CDC claims located 11 kms to the north of the Lac Knife property on NTS sheet 23B-11 (Montagne-aux-Bouleaux property). Its 100%-owned Lac Tetepisca Graphite Project is located in the Southwest Manicouagan reservoir area of the Cote-Nord region of Quebec, one of North America's leading emerging flake graphite districts. It comprises two contiguous properties, Lac Tetepisca and Lac Tetepisca Nord. Together, the two properties form a block of approximately 126 map-designated claims (total area: 6,785.14 ha).

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Focus Graphite Inc

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Comment by TKingadvisoron Jan 29, 2015 12:06am

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Post# 23375602

RE:RE:Financials are out on Sedar EOM

$2,200,634 cash as of September 30 2014. Please look at the balance sheet again.

Oh and I see why management did the Private Placement on September 23 now. Its so that they can book that $2M it into the balance sheet for fiscal year-end. Without that cash raised from pp balance sheet will be at $200,634 right now. Very clever

Well 3 months have passed, I believe as of January 29th 2015, the company has less than $200,000 cash in the bank at the moment. You need to look at the company financial statment and analyze its with new releases to come up with a conclusion. You can't just take it for what it is.

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