RE:New playerLet's cut to the chase MaterialsMan.
The proprietary graphite processing technologies, proprietary machinery and other foundationally suppporting intellectual property, essentials which are clearly going to be employed by Graphex Tech Inc representatives wherever said company is prepared to build out graphite processing and SPCG anode process manufacturing facilities, is presently 100% owned by the China domiciled Graphex group Ltd; ergo such property is also likely claimable by The Government of China.
Should anybody over at Graphex Group Ltd and/or Graphex Technolgies LLC, specifically Mr. Mr. Andross Chan or Mr. John DeMaio, expect that anybody specifically representing The Government of The United States of America is going to believe them when they suggest actual majority "control" of the to be 100% spun out Graphex Technologies LLC will not in some way be made to remain with certain China based "interested parties" (and that's putting it nicely; i'd just about say certain "China proxies"); Messrs Chan, DeMaio et al would be deluded.
*All actual control and actual ownership of the proprietary graphite processing technologies, proprietary machinery and other foundationally suppporting intellectual property in question should first be made to officially be transferred by the China based Graphex Group Ltd and/or by the actual owners with ultimate claim to and authority over said property, and with the explicit authorized consent attained from the Government of China as well, to the Government of the United States of America.
Then representatives on behalf of The Government of the United States of America can sell the property in question to the resulting U.S. domiciled and 90% American and Canadian investors controlled NASDAQ-listed equities issuer.
Perhaps 9% of the resulting NASDAQ-listed equities issuer can, in compliance with and as allowed by U.S Government policy relating to "a foreign entity of concern", possibly remain with the China based Graphex Group Ltd.
Although, a clean exit by the China based Graphex group Ltd is ultimately preferred.
That is just one of the ways in which any such proposed deal should be allowed to progress forward unimpeded by the Government of The United States of America and it's various Governmental agencies, including agents at the SEC.
If they want to qualify for various U.S. "IRA" resulting benefits, this entire 100% spin-out and SPAC merger/RTO proposal should be put through the crucible for purification purposes.