Great Lakes Graphite Inc GLKIF

Metals & Mining Graphite

Great Lakes Graphite Inc is an industrial minerals company focused on bringing carbon properties and products. It focuses on the manufacture, marketing, and sales of graphite products. Its product is categorized in types: graphite and advanced carbon products. Some of its natural flake graphite products are Micronized, High purity micronized, Ultra-high purity micronized, Spherical purified, and Coated spherical purified. The advanced carbon products include ALD-Coated graphite, Graphene, and Carbon composite materials.

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Great Lakes Graphite Inc

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Post by OrsonModestoon Nov 23, 2016 9:38am

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Post# 25501226

Private Placement?

Did they not just announce a couple of months ago a $4 million commitment that would " free the Company from continuing to spend an inordinate amount of time seeking investment capital. I have to admit, this one really leaves a sour taste in my mouth. Especially considering 8+ million warrants just came off the table 2 weeks ago. This seems to just be re-lining someone's pockets, at the expense of us small-timers. I am also starting to think the $4 million commitment is just insurance for a settlement/decision in the lawsuit.

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