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 > Something to ponder

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Comment by BueBoyon Mar 15, 2019 8:04am

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RE:RE:RE:RE:RE:RE:RE:RE:Something to ponder

Just to finish up on this, at a projected $2.5m of sales this year they can't make money, so somehow the cash shortfall will have to be covered. That means loans or further dilution - unless they find a partner which is my hope. This all comes back to orders and then to the margin they can achieve on them. Everything is speculation with no real known facts on potential PE ratios or the like and that is why investors are staying away. The other issue is that although management are quick enough to throw out carrots about samples and interest from mega potential customers which are then pumped on this board they give no detail on 4.8m shares given to settle an unknown compensation claim of $240,000. This, the OGL fiasco and the failure to correctly file regulatory returns with the authorities is bound lead new investors to questions if this is the right place to invest their money.

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