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? Is it convettable?
Thanks gaardo! I'm getting some great price points on the ask!
Slapped out at this point. Good luck to you Thunder!
TORVF...
Time to slap the ask!!! Great testing!!!!
CONTINGENCY
The Company has been named as a defendant in a statement of claim filed on January 5, 2021
in the Province of Ontario. The plaintiff is seeking $814,820 for unpaid compensation, and
$1,000,000 for wrongful termination and damages. The unaudited condensed consolidated
interim financial statements include a provision for unpaid compensation of $241,820.
Management has filed a statement of defense and counterclaim. The counterclaim against the
plaintiff and other non-arm’s length parties seeks damages up to $3 million, plus further
amounts which will be particularized prior to trial. The parties are in the process of exchanging
affidavits of documents. Examinations for discovery have yet to be scheduled because the
plaintiff is in the process of retaining new counsel. As the outcome of this lawsuit and any
liability to the Company cannot be reasonably determined at this time, no additional provisions
have been made in the unaudited condensed consolidated interim financial statements.
Major dilution coming?
Unsecured promissory notes payable to a senior officer and
director of the Company, due between December 21, 2022
and January 14, 2023 (October 31, 2021 - December 1, 2021
and March 25, 2022), and bear interest at 12% per annum.
$ 205,000
Title to mineral property interests
Although the Company has taken steps to verify title to mineral properties in which it has an
interest, these procedures do not guarantee the Company’s title. Such properties may be
subject to prior agreements or transfers and title may be affected by undetected defects.
As at July 31, 2022, the Company has incurred a loss from operations of $2,127,717, has a
working capital deficit of $932,982, negative cash flow from operations of $1,642,439 and an
accumulated deficit of $27,705,393. As the Company currently has no significant revenue
generating activity, it is dependent upon obtaining additional equity and debt financing to
fund its research activities and continue as a going concern. During the period, the Company
raised proceeds of $2,500,000 through the issuance of shares through private placement,
$100,000 from the exercise of stock options, $159,188 from the exercise of warrants and
proceeds of $480,000 from debt financing.
Loss from operations Nine months ended July 31, 2022. (2,127,717)
I see Volt Carbon’s enthusiastic backers ponied up for a whole 2,600 shares today.
That’s around $130 worth! Wow! That’s real commitment!
That probably amounts to a full year’s salary for the Keystone Kop promoters of this sorry scam elsewhere on social media.
Mind you at those rates these pathetic pimps are overpaid.
Yep, investors are accumulating.
But the volume is 0.
Absolutely! Meanwhile collecting as much of these low ball prices as I possibly can afford! Merry Christmas to you Sharky, Golden Cross too!
Great to see both of you on this, makes me feel even better!
Looking forward to 2023
$TORVF
TORVF... I am strictly for investment here, no flipping or swing trading this one.
I'm in another ticker, the bottom was called 4 times! lol! I gave credit to some of the shorts there cause they called the bottom @ .005.
But even they are surprised I think cause it's @ .0046!! LOL!
Maybe......but most of price action is determined by people buying and selling....I don't think MM's have that much to do with it directly.........
Z
I have been following Saint Jean Carbon for many years. I started when AMECA claimed it found billions in carbon in 2018.
Core samples were immediately sent to an independent lab in Sri Lanka for analysis and the graphite was found to be of extremely high purity (99.9%). Samples were then sent to the lab of Saint Jean Carbon in Canada. Testing at Saint Jean Carbon and then Actlabs further confirmed the results.
https://www.amecamining.com/graphite
I agree, but one thing I do know is these MM’s do their jobs very well! So ya never can be sure! Lol!!
Merry Christmas!
$TORVF seems bottomy here.........
Z
“just about every other day I buy more, at these ridiculously low levels”
The daily volumes show that anyone unwise to purchase this obvious scam is indeed buying a “ridiculously low” number of shares.
The actual pps is ridiculously inflated of course.
Volt Carbon has no intrinsic value except as a vehicle for penny stock grifters and swindlers.
TORVF… just about every other day I buy more, at these ridiculously low levels.
$TORVF issues Merry Christmas Tweet (Batteries continue to be Cycle Tested):
Dear Shareholders, Associates and Employees.
— Volt Carbon Technologies Inc. (@VoltCarbonTech) December 22, 2022
Thank you for your support in the successful startup of Solid Ultrabattery as we approach 1st year of ops in January. Batteries will continue life testing during the break.
Wishing you and your families a safe and Happy Holiday. pic.twitter.com/SNDEw6mfUr
"Aaah Patience Grasshopper"
Have you done any real DD? The BS that was spewed here was just that, BS to dump shares.
2023 a good year? No solid updates on the machine, the batteries and the dormant mines. Not too good looking.
been advising all along will take into next year. but am buying in hopes to ressurect my 401k which was decimated this year on 2 companies
i am still here and buying. with the expectation of slow build up
40 cents seems a generous payment for the completely pathetic job the social media boosters of this sorry scam have performed.
It’s funny and rather obvious how people on social media scream it’s going to the moon while dumping their front-loaded or free stock hand-over-fist into the admittedly puny volume they generate.
You guys still expecting 40 cents by Christmas?
Yup Yup Yup...
This will come out of the shadows.
Have a Blessed Merry Christmas all.
Holiday season gifts IMO
$TORVF
TORVF
Volt Carbon Technologies Inc (QB)
0.0482
0.0011 (2.34%)
Volume: 25,170
Day Range: 0.043124 - 0.0482
Last Trade Time: 1:17:43 PM EST
It seems after some great DD was posted!
More games and scam artists on the OTC!
LOL...for sure...meanwhile an endless supply of shares available from VIRT and OTCX...TORVF$$
Slap the ask folks!!!! You get your monies worth!!!!!!
I continue to add everyday, slapping the ask and getting even lower price points then what’s on the ask! I have no problem slapping! Lowered my cost per share dramatically! I will continue to do so. People can wait if they want to and just sit back, but in order for the price to go up … ya gotta slap! Either way I’m good. Best to all!!
These guys just want instant gratification. That’s OTC for you. I’m here for the long haul. Banking this thing goes market! We good here Zen!
Nothing I know of, it is the middle of winter and they are doing small batches I guess, it is an ongoing process that will take time,, I am in it for the long haul not following the day to day.
Many Canadian companies have unlimited shares, it's called blue sky companies, and the share structure number updates is an OTC problem not the companies, this is a foreign issuer. The float number should be accurate at 108 mil.
Go to the SEDAR.com web site to get the up to date numbers.
As far as loss goes, they do not pay tax on income until the income equals the loss so it is money saved, that is why companies take on debt.
Too funny that when facts are presented some have no answers.
Only false hopes.
Nothing here is even close to becoming a reality.
The company itself just P/Red about the Air being in its infancy.
They have produced 8 batteries and none of the mines are producing.
Bingo. The fundamentals on $TORVF are huge.......it's just taking some time is all.......down the road she'll be huge..........
Z
Ditto......We're just waiting for a contract on the Graphite Air Qualifier, or some news on it's development.......and also on the results of their ongoing Cycle Tests of the $TORVF Solid State Battery..............
Z
Found another victim to cheerlead/pump. Changes them like his shirts. Mostly with pretty mediocre success, however ...
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$TORVF: We're betting on a winning horse here:
Dr. Zhongwei Chen
https://uwaterloo.ca/chemical-engineering/profile/zhwchen
His name is on 46 patents:
https://patents.google.com/?inventor=Zhongwei+Chen&assignee=Zhongwei+Chen&sort=new
Solid UltraBattery Patent:
https://patents.google.com/patent/WO2021189161A1/en?q=volt+carbon&assignee=volt+carbon+technologies,Solid+Ultrabattery+Inc.
Imagine you are a really smart chemical engineer with a PhD and tired of inventing while the companies you work for own and get all the revenue on the patents you helped them develop.
The corp. exec's hoard all the cash and invent nothing!
So, you start your own solid-state battery company, develop batteries the way "you" want without upper management fucking up the program, file patent applications, and own your ideas.
The "theory" here with Volt Carbon is tested, revised, put into practice, patent(s) filed, mfg. methods developed with "Scale-up" in mind, go after vertical markets, get clients, sell solutions.
That is what is going on with Volt Carbon.
PhD's have their PhD because they do their homework better than everyone else.
No B.S.
No Scammers.
PhD's have a little more integrity than the average person and do what they say they're going to do.
This isn't your average pink.
$TORVF: Zero Convertibles! All funding by Private Placement, Options and Warrants:
Latest 10Q: https://www.otcmarkets.com/otcapi/company/financial-report/338792/content
"During the period, the Company raised proceeds of $2,500,000 through the
issuance of shares through private placement, $100,000 from the exercise of stock options, $159,188 from the exercise of warrants and
proceeds of $480,000 from debt financing"
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