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Bullboard - Stock Discussion Forum Gratomic Inc V.GRAT

Alternate Symbol(s):  CBULF

Gratomic Inc. is a Canada-based exploration and development stage company with projects in Namibia, Brazil, and Canada. It supplies graphite and is engaged in the electric vehicle battery supply chain through the development of its flagship Aukam graphite mine and ongoing exploration at the Capim Grosso property. The Aukam property includes a mining license (ML) 215 (5,002 hectares (ha), in... see more

TSXV:GRAT - Post Discussion

Gratomic Inc > Gratomic remains focused & dedicated to its Shareholders
View:
Post by GabeBuffet on Dec 14, 2021 3:25pm

Gratomic remains focused & dedicated to its Shareholders

The great thing about Gratomic inc, is that they can;t hide anything......


https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00026664

Public information.....

cheers,
Comment by IsitTrue on Dec 14, 2021 5:46pm
From Gabes Link on Sedar...These interim unaudited condensed consolidated financial statements have been prepared using accounting policies applicable to a going concern, which contemplates the realization of assets and settlement of liabilities in the normal course of business as they become due. The Company has incurred a loss for the nine months ended September 30, 2021, of $18,729,186 and has ...more  
Comment by lonewolf143 on Dec 14, 2021 7:44pm
That is no worry.  How about another Private Placement to pay that debt.  Now understand why Mr Buffet is pumping this play.
Comment by stalkinghorse on Dec 14, 2021 11:45pm
Oh this is rich. PennyPup does not understand basic accounting lol. Oops sorry "LoneWolf143" aka PennyWolf who was banned for being an idiot on CEO.ca. Hi PennyPup - working hard on Gabe's annoying flea and tick issues?
Comment by GabeBuffet on Dec 14, 2021 10:33pm
IsitTrue (17) User Actions   December 14, 2021 - 05:46 PM 20 Reads Post# 34230746 RE:Gratomic remains focused & dedicated to its Shareholders From Gabes Link on Sedar...These interim unaudited condensed consolidated financial statements have been prepared using accounting policies applicable to a going concern, which contemplates the ...more  
Comment by stalkinghorse on Dec 14, 2021 11:42pm
You apparently have no idea how to read fundamental accounting documents lol. A deficit is accumulated against any asset in the course of building it up. There is zero debt, and the asset value FAR outweighs the deficit, which is simply a way of tallying paid-for expenses to date. You are basically 100% wrong.
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