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Look back at the boards on Ocata. That will show the story.
I am sitting this one out. With their own legal counsel dumping shares and two spouses of directors dumping shares (with or without their husbands' knowledge); A hyped up and then revised press release; A hyped test results press release with no results; an insider investigation; a purported paper without confirmation by the university or professional meeting, this is just tooooooooooooo risky. I am watching with bated breath, however. I have sat through months of less controversial issues with another company and lost $30K when they were bought out.
They are now due if not overdue for the purported test results. Show the data, Saint Jean!
correction....Ogilvie is not listed as a director on the ASC notice.
It is strange that on the press release on March 22, Ogilvie is listed as the CEO and board member. Ogilvie is not listed on the board or as a CEO on the Alberta Security Commission (ASC) notice. He is listed as an insider, there, however.
I saw it was trading up at almost .07. What would encourage people to buy?
Seems like Ogilvie is no longer CEO, although it doesn't say that on the Saint Jean web site. It seems, from this document, there are some insider trades by spouses of board members here and the company is under investigation.
I am not a lawyer, but stockholders might consider suing to recover their losses. I lost a small amount, but got out without substantial losses (and feel lucky). Combined with the misleading press reports and the no substantive data from the "test results pending" press releases earlier it seems they owe people an explanation. Do they have a real product order and real test results and a change in CEO? So far, there is silence.
What is SJL? Do you mean SJC? I see no announcement for a new CEO at SJC. Post the web page, please.
Insiders blocked from trades until April 5 and it may be extended. http://www.saintjeancarbon.com/files/8014/9028/6692/Press_Release_-_March_22_01934643xA2535.pdf
This is a pattern with this company. They make an announcement, make a correction, and it isn't as good of news as it seems. There are no test results, only the message that there are going to be test results. Which are overdue. There is no formal agreement for an order, just a sample and a possibility of an order. There is the part about the insider legal counsel who sold a large chunk. There is the report of the paper that has yet to be published announced, but not confirmed by the University or the meeting, yet.
Pretty sketchy company. Proceed with caution.
Picking the right battery technology to invest in out of all of the possible futures mind boggling. Here is technology on it in another direction with glass. http://www.msn.com/en-sg/money/technology/lithium-ion-battery-inventor-touts-new-battery-breakthrough/ar-AAo3hFe
I cannot tell. I looked at Western Ontario and the paper seems to be the one from the fall and no new paper. The good news is that there is research there. There is no confirmation published by the University or by the meeting referred to. It may just be that they don't list the presentations until after the deadline for submissions is closed.
I am skeptical until they publish an article and it is peer reviewed. I am also skeptical until the actual results of tests are available and they show positive results. The press releases seem to be only market manipulation as they have no substance (actual orders, actual test results, papers published)
I found this from 2016: http://www.phantomsnet.net/GrapheneCanada/2016/Abstracts/2016_Zhang_Jin_jzhang@eng.uwo.ca_GrapheneCanada_Abstract_Zhang.pdf
It seems to be real and from 2016.
I do not see anything for 2017 publication....yet.
Why is this so vague? It should be clear. I should be able to confirm it with a simple search. There is no announcement at Western Ontario that I could find.
It seems like a rehash of the October 2016 Press release where the same paper was due to be presented that week. I went to the Western web site and from Jin Zhang, PhD profile there I could not find any current research mentioned with Saint Jean. No publications were listed since 2015.
http://www.eng.uwo.ca/chemical/faculty/zhang_j/publications.html
I went to the web site for the ICNFA conference and there is no mention of this.
http://icnfa.com
There is no proof here to verify any of these claims...that I can find.
It is pretty clear that someone is supporting the price and betting on coming news.
Without peer reviewed confirmation of their patents, technology or product by scientific review article or real news about a substantial order or agreement from/with either Panasonic or another reputable battery manufacture, this is just betting on hyperbole.
Well...
A vaguely worded press release about results without any results.
A vaguely worded press release abut an order about an obscure amount that is insignificant yet significant.
One insider (legal council) traded out $200,000 worth of shares.
Others had options expiring and traded out earlier.
Questions remain:
1. How much have we been played?
2. Was this legal?
3. Were the amounts of stock a significant portion of their holdings?
4. Is there value left in this company?
This link is broken.
I wrote the company for information on insiders and where it might be posted as it is not available on Scottrade. I wonder if it is available on the Toronto exchange.
I would like to see the information on insider trading. It does not show on my Scott trade account. Where did you look it up?
I do not see any dilution. Splits and adding shares has to be done through shareholder meetings with advance authorization and notice.
I see day traders coming and goings. I have seen this with other penny stocks. We have results pending from tests that have not been published and only alluded to by press release from Feb 23, 2017.
IMO I see this Panasonic order in relation to the not completely released test results. I imagine Panasonic is going to do their own tests with this order to confirm the unpublished results alluded to by Saint Jean in the Feb 23, 2017 announcement. "...The Company hopes to have the final batteries results ready within three weeks. The Company is continuing with the recycled battery project. Further, the final spherical carbon coated graphite specifications and performance results are expected very shortly..."
I do not see stock sales from insiders posted, does anyone see that anywhere?
I do not see stock purchases from insiders posted, does anyone see that anywhere?
Where do you see dilution? I did not see it in a press release.
All is not lost. If you read this article from 2006, it seems there is not the SEC's intention to ruin the investors or the company for the actions of individuals. If the stockholders are to pay for the mistake, the SEC works to minimize the damage. Individuals who are responsible are sought out and made to pay, if possible ...or so it seems. http://www.sec.gov/news/press/2006-4.htm