Great Lakes Graphite Inc GLKIF

RE:RE:RE:RE:RE:RE:For now

[Floridas2000]

CanThisBeTrue wrote: A private company could be owned by GLK but could be owned by GLK's principals only which might leave us (current shareholders of GLK) in the cold. 

What does GLK have as assets to transfer to a new company? 

Why would they (GLK management) include us in a new company? 

This is interesting.  Iamburt2 has a point.

That doesn't make any sense though.  What would be the benefit of going private?  I have owned companies that were bought by another company where the bought companey specialized in x.  They acted as an independent unit dealing with everything related to x including the management.

The question is why set-up this structure?  No idea but there are options.  GLK was a mining company like Focus graphite now they will be a processing company like Asbury.  Asbury Carbons have 8 divisions under Asbury Carbons umbrella.  GrafTech has several divisions themselves and sold one of their mills recently to a partner of GLK's.  Why so many divisions, because there is a benefit to operating this way.  Maybe because of the country it domiciles in, or the location in the country.  Maybe of what is specializes in like for Asbury has is a division in Canada that sells graphite to automotive OEMs.  GrafTech has one that specializes in furnace electrodes.  

Difference is GLK doesn't own their properties but these other companies do.  They facilitate and they're essential for everyone's success.  Remember GLK has been talking about building a Battery Materials Lab and the lab would apply for certification and provide fee based services.  Why couldn't the battery lab be called Novocarbon??  There is money in setting up labs, not multi-million deals but consistent revenue  I am not sure what's going on but I am saying going private is the least likely scenario here.