Great Lakes Graphite Inc GLKIF

Quarterly results published.

[Luckierjack]

What another stellar quarter. No sales and another $1,000,000 loss. $7 million in liabilities against $300K in assets. Anyone care to comment?

[uncleronstips]

Not to worry , the doors are still open , and big orders are going to come real soon . The debtors know they are going to get their money back. I'm sure they know more than you do, otherwise why would they have loaned the money ? There is an order for tons that will happen soon,plus an order from Japan. Now why would these deals happen if Novocarbon was going to go out of business ? The books

[Luckierjack]

Your optimism is commendable. 

[uncleronstips]

Novocarbon recently purchased 6 crucibles for coating graphite , each crucible is dedicated to a specific material to eliminate the problem of cross contamination. They are in talks with the largest lead acig battery manufacturer in N America that has already tested samples of Novocarbon's graphite. Paul F is in Japan having a follow up face to face meeting with another large company. Those

[OrsonModesto]

Good news for their partner: CHASM, a developer and manufacturer of advanced materials for printed electronics and battery applications, announced today the completion of an $11 million Series A financing round. CHASM will use these funds to expand production capabilities and continue the launch of new products, which are positioned to penetrate large existing markets. https://www.prweb.com

[Luckierjack]

Just curious, what level of sales do you expect in the next twelve months. Number of tonnes? Thanks, maybe I will change my mind