RE:1450 shares traded this am..did FUD1 liquidate position?GripnRip,
Tell your friend who is asking that the prospectus supplement to the final base shelf prospectus filing is on the way.
We'll see if you are in the mood to yammer on when that particular NGC news flash hits the wire.
Perhaps an initial attempt for a $7.5 Million to $10 Million "At The Market" equity financing initiative just to begin with? Then, NGC share price would begin the slide toward that $0.09 share price; this because we all know that it's highly unlikely that anybody is interested in purchasing NG.V shares unless they are provided a deep discount (perhaps as low as 50%) to NGC's $0.18 book value to share price.
At that point, i.e. after the failure to get any bites for the "At The Market" type equity financing, a massive and materially dilutive private placement equity financing would be in part taken up by friends and business associates of Northern Graphite Corporation '"Missionaies On Assignment" and perhaps Messrs. Jacquemin, Bowes, Jacq et al as well.
That is how the shifting, shuffling and dealing away ("backdooring") of NGC's equity control is achieved nearest to that 50% "FIRE SALE" share price of $0.09 GripnRip.
Ask "your friend" whether he/she is prepared for such an eventuality GripnRip?
After all, it's invariably what "Missionaries On Assignment" are dispatched and then embeded into a company's C-suite and BOD to ensure takes place.
That's a play straight out of the TSX-V listed equities issuers "playbook", a play which Hugues Jacquemin et al would have been intending to employ all along.