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Graphene and Solar Technologies Ltd. (GSTX)

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Last Post: 7/3/2019 6:22:26 PM - Followers: 21 - Board type: Free - Posts Today: 0

GRAPHENE & SOLAR TECHNOLOGIES (OTC: GSTX) FILES $100 MILLION FORM S1 APPLICATION WITH US SECURITIES & EXCHANGE COMMISSION (SEC)



The Board of Directors is pleased to confirm that TroyGould SEC Counsel finalized and filed a GSTX Form S-1 Registration Statement, accepted by the SEC yesterday. The primary intent of the S-1 Is to provide a secure investment exit strategy for incoming bankers to provide the $50 million HPQS production factory financing, as well as to establish the new JV R&D and Graphene-enabled Thin Film Solar production factory.



GSTX traded 171,000 shares on Friday, April 5, 2019, closing up 30%, at $.50 per share.

Therefore, the company management believes the current price per share may be viewed as undervalued.


The release of additional GSTX free trading shares in the market will also help increase the volume and value of GSTX share trading.

The S-1 requests SEC authorization for the company to issue 25 million $4 shares (US$100 million) to assist with funding both the HPQS production factory and the JV Graphene & Solar Research & Development facility.

The S-1 also seeks SEC authority to remove the Reg.144 legend from 9,020,000 existing shareholder GSTX shares for sale.

This will also help to increase the public float of GSTX shares available for trading,

currently indicated at less than 400,000 shares. UPLIFT OTC QX - Company management has also requested TroyGould to file an uplift application for GSTX from the Pink Sheets to trade on OTCQX, also scheduled to be filed this week, following which an extensive new ”Shareholder & Investor Update” will be distributed by your Company.

The GSTX Executive Management have spent the last six months intensely revising and fine-tuning information contained in the Form S-1 to provide answers to all potential SEC queries in advance. Hopefully these efforts will reduce the time frame the SEC requires to review the Form S-1. GSTX share trading has been sparse and minimal since the July 2017 transaction. However, shareholders should be aware that this was largely intentional upon the part SHAREHOLDER UPDATE APRIL 8, 2019 of the Company, as we intended to complete establishing solid foundations, as well as confirm all SEC regulatory compliance before commencing broker and market-maker supported Company promotion. With the filing of the S-1 yesterday, this is now largely completed. Accordingly, many of the plans and support relationships the company has put in place will now be proceeded with. GSTX is in a very strong position, having “fully reporting status” and currently being “fully registered” and “current” with the SEC. The company is also essentially debt free and asset rich, although the Edgar filings do not accurately reflect this position due to SEC strict GAAP accounting requirements. In addition the 10K and 10Q Edgar financials largely reflect the carry forward operational losses and deficiencies of the previous company, Vanguard, for the period 2010 through September 2015, when the company initially ceased operations. Audit requirements state that the financials reflect the operations of the company from its incorporation in 2010- 2015, including the recent operations of GSTX since August 2017, and not only the operational period of GSTX The strict SEC GAAP accounting requirements also require that the original agreed value of $530 million for the asset sale can only be recorded at $30,000, under SEC GAAP accounting requirements. Subsequently based on the agreed value of the silica mineral deposits assets between Vanguard and SQT of $530 million, the realistic, although unacceptable to the SEC, asset backing per share of the total amount of issued outstanding shares of common stock of GSTX, is approximately $2.35 per share. Shareholders should also be aware that the company is prepared to offer existing shareholders significant discounts for the direct purchase of shares.



GRAPHENE – Management would like shareholders to note that although Graphene was generally unknown when we changed the name of the company to “Graphene and Solar Technologies,” in September 2018, even a cursory Google search of the word “Graphene” will overwhelmingly demonstrate the significant impact Graphene has made already, especially in the areas of batteries and high-end electronic applications. MIT has also announced that it has initially developed Graphene Solar panels


SHAREHOLDER UPDATE APRIL 8, 2019 Management believes graphene is still in the very early days of its evolution, and that new graphene development initiatives, currently flooding many traditional industrial markets, will greatly enhance further productivity and operating performance advancements. Please do not hesitate to contact me directly should you require further explanations or information about the company activities and schedule plans.


Sincerely


ROGER MAY PRINCIPAL & MANAGING DIRECTOR GRAPHENE & SOLAR TECHNOLOGIES CORPORATION 88 Lorimer Street, Docklands WELLS FARGO BANK BUILDING Melbourne, 3008 AUSTRALIA Ste 600, 433 N. Camden Drv, Aus Office +61.3.8596.5095 Beverley Hills, CA 90210 USA Aus. Off.(Best)+61.3 5426.4811 Aus Mbl +61.432.798.888 Email: rm@auzww.com & Email: rm@sqt.solar Toll Free from US Direct to RM in Australia - USA- 1(800)761-3917 USA Free multi-party Conference Call Local Dial-in 806 344-8744









GSTX owns mineral rights to deposits of High Purity Quartz Sand in Queensland, Australia. The Company plans initially to build a factory to upgrade the minerals to commercial quality for mass sales. Then it will build a second factory to further purify the quartz sand to very high purity suitable as feed stock for Photo Voltaic Solar Cells and high quality silicon computer chips.



info@sqt.solar
1(800)470-3407

 
Roger May
Interim CEO
 
Frank Herrera
CFO
 
Steven M. Powers
VP, Business Development, Secretary
 
David Ficksman
Securities Counsel
 
Tina Wao
Administrator
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GSTX News: Graphene & Solar Technologies Ltd. files 8K with SEC announcing a name change, new stock symbol, and appointment of new audit... 02/04/2019 08:00:00 AM
PostSubject
#949   So this is no good anymore? Not like Ebus43 07/03/19 06:22:26 PM
#948   hoping for the best but it looks like jennytheginwhale 06/28/19 07:40:18 PM
#947   heard the S-1 got revoked as well jennytheginwhale 06/28/19 07:39:32 PM
#946   thought they would be qb by now jennytheginwhale 06/28/19 07:38:52 PM
#945   What with this POS ? Is jail boy Jackthehorse1926 06/28/19 02:54:06 PM
#944   When GSTX gets some attention L2 is so lukin4winners 05/30/19 08:33:35 AM
#943   Going to be uplisted soon! jennytheginwhale 05/29/19 07:44:27 PM
#942   That's because of the low volume and not lukin4winners 05/28/19 08:55:38 AM
#941   Correct but they (the market makers) . Will jennytheginwhale 05/28/19 08:51:38 AM
#940   Yep 5/23/2019 OTCQB certification. 5/21/2019 10Q all necessary lukin4winners 05/28/19 08:42:25 AM
#939   All the filings are up to date. Looks jennytheginwhale 05/28/19 07:51:38 AM
#938   UP %18 Happy Memorial Day ALL! jennytheginwhale 05/24/19 04:26:52 PM
#937   Wow this a major deposit! jennytheginwhale 05/24/19 09:05:19 AM
#936   10Q 5/21/2019 they are getting ready for something. lukin4winners 05/23/19 01:01:11 PM
#935   That's old news . The new Roger may jennytheginwhale 05/23/19 12:22:06 PM
#934   Be careful of this CEO! see message here LocWolf 05/22/19 06:56:35 PM
#933   I knew there was something crooked. These guy jennytheginwhale 05/22/19 05:18:29 PM
#932   Now we know why the stock went from Traderfan 05/21/19 05:18:35 PM
#931   Looks like GSTX has been accepted for OTCQB lukin4winners 05/17/19 08:56:37 AM
#930   L2 is definitely setting up here should be lukin4winners 05/16/19 03:49:00 PM
#929   Should pop hard into June! jennytheginwhale 05/16/19 03:30:48 PM
#928   .14495 hod sure looks good. Feb/March of this lukin4winners 05/15/19 10:50:51 AM
#927   New filing today looks like we are getting lukin4winners 05/15/19 08:34:41 AM
#926   Our day is near ! big green tractor 05/14/19 10:52:02 PM
#925   We havn't seen anything yet. Best is yet lukin4winners 05/13/19 02:19:50 PM
#924   GSTX up 5% jennytheginwhale 05/13/19 01:25:06 PM
#923   Market down 700 ! jennytheginwhale 05/13/19 01:24:39 PM
#922   Looking forward to a great week here with lukin4winners 05/13/19 09:20:03 AM
#921   Exactly! Teach and preach. curryhurry 05/11/19 06:29:25 PM
#920   We are all winners ! jennytheginwhale 05/09/19 08:49:51 PM
#919   This one moves literally on air. 100K shares lukin4winners 05/09/19 02:59:39 PM
#918   Don't worry you will get your shares . jennytheginwhale 05/09/19 02:56:01 PM
#917   Up %68 jennytheginwhale 05/09/19 02:55:04 PM
#916   Ok anyway I think things will work out lukin4winners 05/07/19 04:18:15 PM
#915   No and I don’t know why I pay Ebus43 05/07/19 04:15:47 PM
#914   When it was SQTX there was a day Ebus43 05/07/19 04:03:57 PM
#913   When was GSTX $5/share don't see it on lukin4winners 05/07/19 09:28:55 AM
#912   Looking for a breakout week L2 is one lukin4winners 05/07/19 09:24:53 AM
#911   They are now verified as per otc markets (link) jennytheginwhale 05/07/19 09:14:36 AM
#910   They are now verified as per otc markets (link) jennytheginwhale 05/07/19 09:13:42 AM
#909   I haven’t seen mine and they have all Ebus43 05/07/19 08:02:47 AM
#908   Ok thanks for the reply here. Watch when lukin4winners 05/06/19 02:43:11 PM
#907   I’m in agreement! Things in the works. Things curryhurry 05/06/19 02:37:38 PM
#906   Long here not trading just add is the lukin4winners 05/06/19 10:56:07 AM
#905   See how the volume is on the buy/side. jennytheginwhale 05/06/19 10:37:21 AM
#904   Putting up 30K ask just slows the move lukin4winners 05/06/19 09:39:21 AM
#903   I think your time line is a bit lukin4winners 05/05/19 08:11:54 AM
#902   Every time anyone retail buys a micro cap jennytheginwhale 05/04/19 04:26:43 PM
#901   Must be kidding shorting an otc stock with lukin4winners 05/04/19 07:56:43 AM
#900   Spread getting wider. You had better cover if jennytheginwhale 05/04/19 07:47:44 AM
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