Great Lakes Graphite Inc GLKIF

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 > Negative equity

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Comment by Luckierjackon Jun 20, 2018 1:07pm

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Post# 28199793

RE:RE:Negative equity

Hi BueBoy, I hadn't thought about it this way and it is a plausible answer. If they were really confident they would convert the debt. The government taxes payable and the indemnification of flow through subscribers could still be problematic.

BueBoy wrote: Not sure of the exact figure but a good chunk is for loans and debentures from insiders (Ferguson family). You either take the view that they so are confident in investing that we should follow, or they are stupid to do so and stay away. My own thoughts on this change daily.

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