Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Focus Graphite Inc V.FMS

Alternate Symbol(s):  FCSMF

Focus Graphite Inc. is a Canada-based advanced exploration company, which is focused on developing high grade flake graphite deposits to supply battery grade graphite. The Company's projects include Lac Knife and Lac Tetepisca. Its flagship Lac Knife Project is a 100% owned, high-grade crystalline flake graphite deposit located in northeastern Quebec, about 27 kilometers (kms) south of Fermont. The Lac Knife project is comprised of the Lac Knife property plus an isolated block of 12 CDC claims located 11 kms to the north of the Lac Knife property on NTS sheet 23B-11 (Montagne-aux-Bouleaux property). Its 100%-owned Lac Tetepisca Graphite Project is located in the Southwest Manicouagan reservoir area of the Cote-Nord region of Quebec, one of North America's leading emerging flake graphite districts. It comprises two contiguous properties, Lac Tetepisca and Lac Tetepisca Nord. Together, the two properties form a block of approximately 126 map-designated claims (total area: 6,785.14 ha).


TSXV:FMS - Post by User

Comment by graphite13on Feb 03, 2023 6:09pm
129 Views
Post# 35266151

RE:RE:RE:All posts here have disappeared?

RE:RE:RE:All posts here have disappeared?Actually, the original ownership was 60% founders and 40% Focus. If you know of a startup where the founders didn’t want shares, please lmk. Like all tech start ups Grafoid has relied on PP to fund it’s R&D and that is why the founders (including FSM) have had a proportionately equal reduction in ownership (with the exception of Jeff who stepped up to the plate and lent money as well bought more shares when the company really needed it.

The facts should always be supported by evidence. I attached the financials of Focus for the years ended 2011 and 2012 (the first time Grafoid appears) Page 11:

“The subsidiaries of the Company at September 30, 2012 and their principal activities are described below: Name of subsidiary Place of incorporation Ownership interest Principal activity 3765351 Canada Inc. Canada 100% Holding Company Grafoid Inc. (1) Canada 40% Research and development.”

Pls support your so called facts with back up. Given you are an obsessed basher your crfedibility is is pretty low. 

<< Previous
Bullboard Posts
Next >>