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Bullboard - Stock Discussion Forum Great Lakes Graphite Inc GLKIF

Great Lakes Graphite Inc is an industrial minerals company focused on bringing carbon properties and products. It focuses on the manufacture, marketing, and sales of graphite products. Its product is categorized in types: graphite and advanced carbon products. Some of its natural flake graphite products are Micronized, High purity micronized, Ultra-high purity micronized, Spherical purified... see more

GREY:GLKIF - Post Discussion

Great Lakes Graphite Inc > Fortunate 500 Corporation
View:
Post by Dadou on Feb 12, 2019 11:27am

Fortunate 500 Corporation

Is someone know if there is still partenarship with the "Fortune 500" company?
October 31, 2017 : 

  • "The customer has ordered an initial 50,000 pounds of material for delivery by mid-December and has indicated a requirement for 280,000 pounds in 2018 for delivery in monthly installments.
  • The customer anticipates that their demand for this product will increase steadily over a three year period, requiring 1,500 tons per year by 2020."

Fortune 500 Corporation
Comment by Ramore1 on Feb 13, 2019 6:21am
If there was revenue for this it was not reported on the financial statements. GLK has not had any revenue since the synthetic graphote business was sold to Shamokin Carbon -“During the year (2016), the synthetic graphite business was sold to Shamokin Carbon”.January 21 2019 OSC ordered Sedar filing. 
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