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Volt Carbon Technologies Inc V.VCT

Alternate Symbol(s):  TORVF

Volt Carbon Technologies Inc. is a Canada-based carbon science company, with specific interests in energy storage and green energy creation. The Company’s operations are focused on exploring mineral properties and developing its air classifier technology. The Company holds mining claims in the provinces of Ontario, Quebec and British Columbia in Canada. The Company’s wholly owned subsidiary, Solid Ultrabattery Inc., is focused on developing its battery technology. The Company operates through two segments: Research & Development, and Mineral Exploration. The Company holds mineral rights and multiple historic molybdenum properties in British Columbia and a graphite property in Quebec, which include Red Bird Property, Mount Copeland Property, Lochaber Property, Manitouwadge Graphite Property and Abamasagi Lithium Property. The Company operates a battery fabrication facility in Guelph, Ontario, and a carbon research facility in Scarborough, Ontario.


TSXV:VCT - Post by User

Comment by palfryvilleon Dec 08, 2016 7:34pm
109 Views
Post# 25574874

RE:RE:RE:RE:RE:Dilution...

RE:RE:RE:RE:RE:Dilution...From your silence (as opposed to the rapid responses usually from you) I am left to surmise that you have in fact found that you were wrong with Ogilvie making 10k.  So let me summarize what you have helped the BB understand about the insider trading report.

The CEO invested $100k of his own money into the company's coffers after three years of not doing so.  This logically leads to the conclusion that the CEO is very bullish on the medium term prospects for the company.

Ogilvie made no money on this PP and certainly not the $10k you accused him of.  The shares of which are subject to a 4 month hold which prevents any participant in the PP from a gain in the short term.  He (along with other participants) did get 2M warrants which allow for him in the future to invest a further $110k into the company and recieve 2M more shares.

You rightly noted that the common practice of issuing new shares in exchange for cash from investors in highly speculative penny stocks, allows for the respective company to get a cash injection which allows it to pursue its growth strategy.  Indeed PP's are the vital life blood of penny stocks who could not exist without them.

From your relative silence as well, perhaps you may understand (rightly so) that your reckless comment with respect to the CEO gaining personally at the expense of shareholders, has moved your typical IMO comments (which I am sure you think are clever) into the defamation category which unfortunately for you is "actionable".  Perhaps you are considering your options to "lawyer up" given your 800 or so consistently negative comments towards the CEO, spanning several years, all of which can be used to show a constructed assault on another's business reputation.  I probably would be quiet as well.
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