Do your DD before you invest. This is from KMPG We believe that the audit evidence we have obtained in our audits is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements present fairly, in all material respects, the financial position of Focus Graphite Inc. as at September 30, 2017 and September 30, 2016, and its financial performance and its cash flows for the years then ended in accordance with International Financial Reporting Standards. Emphasis of Matter Without qualifying our opinion, we draw attention to Note 2 in the financial statements, which indicates that Focus Graphite Inc. is in the exploration stage and has not earned revenue from operations. During the year ended September 30, 2017, the Company incurred a net loss of $6,528,031 and negative cash flows from operations of $3,361,572. In addition, the Company has a deficit of $39,566,514. These conditions, along with other matters as set forth in Note 2 in the financial statements, indicate the existence of a material uncertainty that casts significant doubt about Focus Graphite Inc.’s ability to continue as a going concern. Chartered Professional Accountants, Licensed Public Accountants Ottawa, Canada January 29, 2018
This was on the first page of their unaudited financial statement. Do your own research.