RE:Had NGC overpaid for NeoGraf...FUD's hereGripnRip,
First, I'll remind you that it is within my rights to change my mind about remaining here, generously informing readers telling more thruth.
Also, should regular participants here or perhaps newly welcomed readers here not already know it, they certainly now know that you present as being a company shill and a disingenuous apologist for those who would repetitively fail whilst ensuring to have annihilated NGC's share price and our respective equity investment value.
NeoGraf Solutions LLC option to purchase was precisely the news which preceded the commencement of an annihilation of the NGC.V share price; and it wasn't so much because said option had been secured, it was the intentional lack of any substantive information regarding such an option and the intentional lack of requisite information as to how exactly and how much exactly NGC management planned to pay for such a proposed transaction.
It's clear that was an intentional tactic on the part of Hugues Jacquemin et al and such a tactic certainly served in creating the near certainty amongst NGC "minority" shareholders being that we were about to be diluted and robbed of near 100% of our respective equity investment value, i.e. should that option have been exercised and should that deal have been consummated.
In terms of the NGC.V share price, is it better now that the option to purchase part of or all of "NeoGraf" equity is cancelled?
Obviously not. Can it get better? That remains to be seen.
The primary issue front and centre for NGC "minority" shareholders is yet another deal for this licensed "PorocarbTM" candidate product.
I don't have to remind you that once again no necessary particulars were provided as to exactly what amount of or what value of NGC assets, i.e. already mined and processed graphite inventory or to be mined and processed graphite material inventory, has been exchanged with Heraeus Group.
In addition to all the intentionally undeclared value of all that processed and inventoried graphite material or to be mined and processed graphite material (assets) having been exchanged with Heraeus Group for the Heraeus Group assets and capabilities in question, we don't know how much more capital is going to be raised by or on behalf of NGC, in some way, shape or form, in order to keep endlessly developing this Heraeus Group owned "PorocarbTM" anode or cathode additive coating candidate product.
10 years of development on the part of Heraeus Group, that's 10 years of capital expenditures and not a single oftake purchase agreement issuing customer for said candidate product had been locked down by or on behalf of Heraeus Group within at least the last 3 years out of ten years of so called "development".
It's walking, talking and dressed like "a fugazi"
Caveat Emptor!