Next Graphite Inc. (fka GPNE)

[pennystockpaydirt]

Anyone heard anything now that the deal with Gratomic is complete? What can we expect as shareholders of this company? Has anyone spoken to Cliff lately after he got paid by Gratomic?

[Daylas]

Thats close to 30 million bucks at the moment...I dont remeber the share structure...but its nice to see that it could be worth something...

[Daylas]

Grat..supposedly bought the 37 percent of the aukum mine...when that deal closes is the question..still feels a little sketchy,,as my shares are refered to as a number..not even GPNE...

[pennystockpaydirt]

Any idea what happens to the shareholders of this company? I heard you had an idea of what might happpen. Thanks brother

[goforthebet]

https://www.accesswire.com/630177/Gratomic-Provides-Update-on-Its-Acquisition-of-the-Remaining-37-Interest-in-Aukam-Property

Gratomic Provides Update on Its Acquisition of the Remaining 37% Interest in Aukam Property
Wednesday, February 17, 2021 8:00 AM
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Topic:
Company Update

TORONTO, ON / ACCESSWIRE / February 17, 2021 / Gratomic Inc. ("GRAT" or the "Company") (TSXV:GRAT)(OTCQB:CBULF)(FRANKFURT:CB82) (WKN:A143MR) is pleased to provide an update to its press release of November 19, 2020, in which it disclosed that it had entered into a definitive agreement (the "Agreement") with Next Graphite, Inc. ("NextG"), for the acquisition of NextG's 37% interest (the "Interest") in Gazania 242 Pty Ltd. (the "Acquisition"), the Namibian company which holds the licenses on the Aukam property. The Agreement has been amended, pursuant to an amendment agreement dated January 25, 2021, to increase the consideration to be paid to NextG by an additional 4,500,000 common shares in the capital of Gratomic (the "Shares") and a cash payment on closing of CDN$100,000. The Shares will be subject to an 18-month escrow subject to a release of 1/3 of the original balance every 6 months. A total of 25,758,915 common shares of the Company are issuable pursuant to the Agreement, as amended. All other material terms remain of the Agreement remain unchanged. Upon completion of the Acquisition, Gratomic will hold 100% of the rights and interests in the Aukam Mining License (ML215) and exploration License (EPL 3895).

The Acquisition (including the issuance of the Shares) is subject to the fulfillment of certain conditions precedent as are customary for transactions of this size including the approval of the TSXV.

About Gratomic Inc.

Established in 2014, Gratomic is focused on the proposed production of low-cost mine to market carbon-neutral, eco-friendly, high purity vein graphite to be provided to the EV and Energy Storage supply chains. Gratomic is anticipating full operational capabilities in 2021.

Gratomic is in the process of solidifying its plans for micronization and spheronization of its clean Aukam graphite. This significant milestone is a small, additional step in the Company's proposed eco-friendly processing cycle and is intended to allow it to meet ideal North American battery grade standards for use in Li-ion battery anodes.

The Company plans to deliver mine-to-market traceability and guaranteed quality control. This will be accomplished by providing documented tracking on all graphite generated at its flagship Aukam Graphite Project. The tracking will begin at Aukam and will be verified at every stage during transport.

Two off-take purchase agreements are currently held for lump-vein graphite sourced from Gratomic's Aukam Graphite Project in Namibia, Africa. Fulfillment of the contracts is anticipated to begin in Q1 of 2021. The agreements exist with TODAQ and Phu Sumika.

TODAQ is an innovative deeptech company that can containerize assets, transactions & markets, and will partner with Gratomic on its mine-to-market commodity tracking and trading. Containerized assets are verifiably unique, keep an immutable record of who has owned them, have embedded smart logic, can be transferred P2P, and are interoperable with any system. Asset owners enjoy stronger ownership control, value retention when trading, and ability to prove authenticity in seconds.

Phu Sumika is a large global graphite supplier to battery and lubrication companies.

Gratomic Inc. is listed on the TSX Venture Exchange under the symbol GRAT, on the OTCQB under the symbol CBULF and on the Frankfurt Exchange under the symbol CB82.

For more information: visit the website at www.gratomic.ca or contact:

Arno Brand at [e-mail] or 416 561-4095

Subscribe at gratomic.ca/contact/ to be added to our email list.

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Forward Looking Statements:

This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com

[goforthebet]

I honestly have no idea. I sold my complete position 2 weeks before it was suspended. I took a huge loss so.. I have no skin in the game anymore, but I am still watching what´s going on.. write an email to the company and ask , maybe you will get an answer. this is the email address I had years ago, maybe it´s working still. let me know :) [e-mail]

[pennystockpaydirt]

Honest opinion from a person that has been here since what seems like the beginning, any chance GPNE just takes all of our money or do we get something when they consolidate with Gratomic? I have this weird feeling that when Next pays their debts that there won’t be anything left for us peasants...thoughts?

[goforthebet]

watching if that will ever be alive again..

[pennystockpaydirt]

Anyone still here?!

[jumpstart3]

GPNE may be able to relist if the mine goes into full production mode in the next few months. They still own a good portion of the mine.

Gratomic has turned things around in Namibia.

[XenaLives]

The FBI should be investigating and putting stock market scams out of business, but they don't.

The market as a whole is a cesspool.

[Minetaris]

Well, at least there's that.

Haven't heard anything from the four firms I've reached out to to pursue litigation, btw.

[XenaLives]

It's about time.. Looking for a Russian Money Laundering investigation if Federal law enforcement is not totally captured.

[Renee]

GPNE registration revoked:

https://www.sec.gov/litigation/admin/2019/34-87217.pdf

[XenaLives]

Another con bites the dust..

[goforthebet]

good luck! let us know if someone is still at home :)

[Minetaris]

I've reached out for a consultation.

Let's see how this goes.

[Minetaris]

Tried that months ago. No response.

[goforthebet]

here are some contact information, if you want to complain directly with the CEO Cliff Beam

Contact
Next Graphite, Inc.
318 North Carson Street
Suite 208
Carson City, NV 89701

Bill King
Media and Investor Relations
949-922-8352
[e-mail]

Cliff Bream, CEO
[e-mail]
[phone]

Geologist - Based in Namibia, Africa
Gilbert Jemwa
Direct: ([phone]
[e-mail]

[XenaLives]

If you want repercussions for scammers you have to vote for people who give a damn about WE THE PEOPLE and hold the current set of turds (partisan affiliation no factor) out of office.

[Minetaris]

Pick a Lawyer. Class Action or Fraud.

[pennystockpaydirt]

So we all just plan on rolling over and taking these losses from the fraudulent company this is? Just a thought but let’s sue...

[Minetaris]

Oh, so no repercussions for scammers.

Great.

[Traderfan]

The stock will open on the grey sheets in 10 days and will trade there for a few weeks until it will get revoked which means the symbol will be gone. On the grey sheets there will only be a very fractional trading at very low prices and it's almost impossible to be able to sell any shares. Once the stock is revoked all your money is gone unless they would go all the way to file 3 years of 10k's and then file for trading again. Odds are below 0.5% that this happens.

[Minetaris]

So, what does a suspension mean for the shareholders?

[goforthebet]

https://www.sec.gov/litigation/suspensions/2019/34-86647.pdf

[Traderfan]

Lately the SEC again suspended plenty of delinquent filers who filed their last 10k for 2016. GPNE's last 10k has been filed for 2016 as well. So who knows, this one could very soon be done for good anyway

Suspended today. Any questions lol.

[Minetaris]

How much should that cost?

[pennystockpaydirt]

All we need is an investment fraud attorney and we could get this thing rolling...

[Minetaris]

Class action? SEC?

What is the way to get an investigation going to find out if GPNE is a shady practice and get money back to those scammed?

Or is it just SOL for them?

[XenaLives]

This is omething to be very aware of...

Thanks for posting it.

[Traderfan]

Lately the SEC again suspended plenty of delinquent filers who filed their last 10k for 2016. GPNE's last 10k has been filed for 2016 as well. So who knows, this one could very soon be done for good anyway. Could be tomorrow, could be in a few weeks or a few months, the SEC doesn't have a clear path here but it certainly is at a huge risk now since they apparently don't want to file again.

[XenaLives]

No news on this one since 8/23/17

It's done for.

[XenaLives]

The whole thing seems like nothing but a P&D most likely used for money laundering given the Russian connections. Absolutely nothing to invest in here.

[Traderfan]

So how long until this thing gets suspended for being delinquent? Must be really hard to file a report especially since this one is so big in business.

[XenaLives]

So a minority interest in a graphite mine in Africa doesn't seem to be a good basis for an OTC stock...

[Infinitygold]

GPNE(Low floater) partner Gratomic Inc. (“GRAT” or the “Company”) (TSX-V: GRAT) (FRANKFURT:CB81, WKN:A143MR) releases two huge PR:
https://gratomic.ca/gratomic-launches-its-first-graphene-from-gratomic-graphite-derived-product/
https://gratomic.ca/gratomic-announces-non-brokered-private-placement-3/

Terms of agreement between two companies mentioned in the Gratomic most recent filing as of April 30, 2019
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00026664
https://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00026664&issuerType=03&projectNo=02908851&docId=4510035

[Infinitygold]

These news are huge based this filing on April 30, 2019 from Gratomic Inc. (“GRAT” or the “Company”) (TSX-V: GRAT) (FRANKFURT:CB81, WKN:A143MR)
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00026664
https://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00026664&issuerType=03&projectNo=02908851&docId=4510035
Aukam Graphite Project, Namibia
The Aukam Graphite project is a property located in Namibia’s Karas Region in Africa, which the
Company is exploring for graphite mineral resources.
Under the terms of a Joint Venture Agreement dated June 8, 2015, and amended July 17, 2015,
between the Company and Next Graphite Pty. Ltd. (“Next”), and a subsequent Farm-out Agreement
dated September 12, 2016, between the Company, and Next, the Company acquired 63% of Gazania
Investments Two Hundred and Forty Two (Pty) Ltd (“Gazania”) from Next by spending USD
$1,100,000 on the property (completed March 31, 2017). The agreements require the Company to:
a) Complete the plant and infrastructure set up (in progress), and
b) Obtain government authorization to begin commercial operations (in progress); and
c) Make quarterly payments for a total of USD$180,000 (completed).
Should the Farm-out period need to be extended beyond six months following receipt of a mining
license, Next will continue to be paid USD$25,000 per quarter until the plant and infrastructure set-up
are complete. In the case where the Farm-out period is extended as above and the revenue is less than
USD$100,000 per month, the Company will loan Next US$25,000 per quarter. Interest on the loan will
be compounded monthly at a rate equal to one-month term LIBOR plus one.
Should the Company fail to provide payment or work expenditures for any farm-out period or fail to
complete the plant infrastructure 6 months after receipt of the mining license, it will forfeit 2% of its
interest for each 30-day delay.
Following conclusion of the Farm-out period the Company will fund all operations to run all plant
related activities and expenditures for the first five months. Thereafter, each party will contribute
funding proportionate to their respective holdings.
Gazania holds an Exclusive Prospecting License (EPL) number 3895 (the “License”) for the Aukam
Graphite Project located in Namibia’s Karas Region, Africa. The Company has the option to buy an
incremental 10% of Next’s remaining interest for a cash payment of USD$180,000.
A 2% revenue royalty is payable to the individual who farms the property.
Under Namibian laws royalties are payable in connection with the Aukam Graphite Project as follows:
a) A 3% revenue royalty is payable the Namibian government.
b) A 6% net profit incentive, required under the Namibian Economic Empowerment Framework,
is payable to employees working on the project.
NON-CONTROLLING INTEREST
The Company gained control of Gazania, whose sole asset was a license to mine the Aukam project,
by earning a 52% interest on February 24, 2017. Up to the acquisition date, the Company had incurred
acquisition and exploration costs (deferred acquisition costs) of $1,317,844 which were reallocated to
exploration and evaluation assets upon acquisition and consolidation of Gazania in accordance with
IFRS 10. Concurrent with the recognition of $1,317,844 as exploration and evaluation assets, the
exploration and evaluation assets were grossed up by an amount of $1,216,620 to account for the
recognition of the non-controlling interests.
The Company thereafter obtained an additional 11% of Gazania on March 31, 2017, at which time the
non-controlling interest was decreased by $316,932, representing the value of the exploration and
evaluation asset given up by the non-controlling interest.
Next Graphite has a free carried interest in the Company until a specified period after the conclusion of
the farm-in period. Accordingly, the non-controlling interest has been increased by $210,285 (2017 -
$260,765) to reflect their interest in the funding. Changes to the non-controlling interest have been
offset to reserves.

[squidster]

https://gratomic.ca/gratomic-launches-its-first-graphene-from-gratomic-graphite-derived-product/

[squidster]

https://gratomic.ca/gratomic-announces-signing-of-a-definitive-graphite-concentrate-sales-agreement-and-exclusive-marketing-agent-for-continental-europe/

[dranesthesia1]

You mean like pumping avxl all the way to 15$ and then all the way back down to $1.80

[XenaLives]

LOL! I don't pretend to be a professional, just an educated individual.

Do your own DD....

Promotion by a "crew" is also a big warning sign with OTC stocks.

[squidster]

I appreciate your concern for issues in OTC securities as there are many.

Based on this quote it seems you have presumed Beller is crooked "Supposedly he worked in equity trading and investment banking, but you wouldn't put "money laundering" on a resume, would you?

Would you take a Dr. seriously if they told you they didn't have 10 mins to review your file as all brain surgeries are the same?

[XenaLives]

I think many people underestimate the amount of fraud, money laundering, and organized crime on the OTC.

I haven't assumed that he is crooked, but his level of involvement is cause for concern and reason enough for me not to get involved with this penny stock.

The fact that the PR's let people assUme that GPNE owns the mine is also worrisome.

[squidster]

No but she has a college savings account that has an investment in emerging markets. So 13 yr old has a friend from Russia and is investing in emerging markets. Do you think money laundering is an issue here? Probably not but isn't that the same parallel as your assumptions on Bill Beller:)

[XenaLives]

Does the 13 year old work in the finance sector in Russia?

[dranesthesia1]

Lmao!! This one rocks

[goforthebet]

hehehe one of the best posts I have seen on this board :) :)

[squidster]

Fair enough, I would still suggest your statements are based on assumptions and full of conjecture. My family has a house in Grand Cayman and one of my 13 yr old daughter's best friends is from Russia and there are no ties to money laundering or Russian mafia activities:)

[XenaLives]

I was interested in the concept but just haven't seen enough here to make me want to go deeper.

I also got turned off by the Russian and Caymans stuff I found in February:

Are Perpetuus and Next Graphite, Inc just fronts for a stock scam?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146942415
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146942848
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146943257
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146943324

Gratomic is supposedly partnering with TODAQ. Bill Beller of TODAQ is out of the Caymans currently and had three jobs in Moscow, Russian Federation. Supposedly he worked in equity trading and investment banking, but you wouldn't put "money laundering" on a resume, would you?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147024085

Sheldon Inwentash forced to resign at Pinetree Capital:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147069825


This article needs further analysis:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146943413

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147151294&txt2find=russian