RE:Call with Paradigm CapitalHello Multilex
Wow! Reading what you suggest Paradigm Capital's Mr. Wolff told you is kind of like experiencing some sort of deja vu - not!
There is little which this Mr. Wolff suggested that I haven't already suggested here at this bulletin board for the edification of readers.
Wow! A potential IPO he says?
LOL! Yes why not.
Perhaps Mr. Wolff would be suggesting that NanoXplore could IPO VoltaXplore sometime after March of this year. You know, just after every unfrofitable small cap equities issuer is dealt yet another downward blow - and this time around quite a long sustained blow at that- by institutional and retail equities investors who are going to flee the small cap equities markets, after having dumped their respective presently 'non bottom line profit producing' small cap equities issuers like a bad habit.
Given what the presently 'non bottom line profit' small cap equities market issuers have only recently sustained and are finding it quite difficult to recover from, given what is approaching once again during March and given the resulting much longer sustained aftereffects, 'the VoltaXplore possibly being IPO'd schtick' is old hat; and doesn't hold water. Tell Mr Wolff at Paradigm Capital to try again, lol.
You stated, "I did ask about the shelf prospectus filed and he noted that it is a typical (annual) renewal by NanoXplore, and the likelihood of it being utilized is low."
RESPONSE: Mr Wolff's opinion on that particular 'risk wrought" issue would be worth a whole cup of coffee; only after you pay $2.50 CAD for the coffee. LOL!
Mr Wolff or you went on to state, "The valuation of VoltaXplore's 10 GWh facility is approximately $5.2 bln , which assumes that NanoXplore owns 40% of VoltaXplore after an IPO. This valuation is in line LG Energy's recent IPO last month."
RESPONSE: Mr. Nazarpour suggested a initial 1.2 Gwh battery manuafcuring facility would much later be stepped up to a 8 Gwh battery production facility, I recall circa 2025/2026, give or take a year.
Such a valuation being placed on the size of a battery manufacturing facility which would not be existing until well after 2026, is something alright. Let's just deal with actually being provided the "GO" instead of the "NO GO".
Either you or Mr. Wolff throwing $5.2 Billion figures about and then having the audacity to compare a company such as VoltaXplore, i.e. a joint venture partnership enterprise which hasn't even been provided a "GO" directive by it's partners, principal investors, customers and any other supporting parties, to a company like LG Group allowing LG Chem to spin out approximately 18.7% of LG Energy . . . Now that's rich. LOL!
You went on to state, "Overall, Mr. Wolff was extremely pleased with NanoXplore's progress and is looking forward to Battery Day. In addition, he is forecasting additional supply graphene agreements and that NanoXplore will increase capacity significantly before the end of the year."
RESPONSE: This Mr Wolff, from Paradigm Capital pretty much told you nothing which I hadn't been posting about for the longest while now, especially in terms of the "Graphene BlackTM" sales which would be increased 10 to 20 fold going forward; i.e. provided the USEPA certified 'leverage' could be brought to bear upon certain illegally producing and supplying graphene comprized automotive parts and components manufacturers and the very globally reconized U.S based automotive manufacturers who are supplied by such USEPA rules, regulations and laws violating corporations.