re: Spec Play - HGRAF

It would send it under a $1 for sure but as mentioned previously the patents for the production process will always have value IMHO.

Unless the world truly doesn’t adopt graphene at massive scale or it takes an inordinate amount of time for adoption.

I'm going to bring this up again, in the context of this going to $1/share. If the redomicile doesn't happen, and or management drops the ball on this, causing the stock price to drop down to pennies, I would see a buyout happening, which would lift the stock price - hopefully to a level where we can make a few bucks.

I've actually brought it up before, that they may already have potential buyers in waiting. Recently, we've seen them focus on 1) redomicile, 2) R&D with customers, 3.) presenting at industry tradeshows and conventions, and 4) hire people with experience working with government agencies. What we haven't seen is progress towards actually manufacturing graphene to scale or list on the NASDAQ exchange. This could be good, if this is intentional.

It makes sense to redomicile before selling. The acquiring company would avoid the taxes to the Canadian government based on the sales price. This could explain why they chose to do an about face and focus on redomiciling, rather than focus on NASDAQ or production facility. It doesn't make sense to build a factory or list on NASDAQ, if you're going to sell, anyway. Sure, they signed a contract to buy acetylene, but they needed that for the lab they set up in Austin.

What makes the company valuable to a buyer is they have:

1) A fully functioning test lab
2) A pipeline of potential customers already testing and potentially already committed to buying graphene
3) A gas contract and production facility site already to build on and permits in place.
4) A potentially huge TAM
5) A patent moat in place
6) A product that has almost unlimited use cases

What is a company with those assets worth, even if they haven't made any sales, yet? Eleven figures? More or less?

At this point, I would take a buyout

As you pointed out many times, KB and all the leadership has no skills whatsoever building out a huge manufacturing apparatus

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Again what a dumpster fire

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I don't think we know that yet.

The management team is silent. If they were panicking, they would be pumping the stock. Putting announcements out there in order to boost their own portfolio and to get it up to $4.

They haven't said anything, yet, except for trade show announcements.

Obviously, they know stuff we don't. If they are trying to avoid taxes, it all makes sense. If they have a verbal agreement to sell the company at a price dependent on customer pipeline, then it makes sense. I guess the last option is incompetence. If it were just Kjirstin, and a bunch of nobodies, I would probably not have any faith and would be looking for an exit. However, there are some very experienced people on her team that gave up higher paying jobs elsewhere to join Hydrograph.

Full disclosure: The majority of my shares are now in the long term capital gains category, so I'm actually still ahead, although not by much. I know this is tough for folks who are down a bunch. We know the redomicile will bump it up, but I'm more looking at what happens AFTER the redomicile. If we still get nothing, I'll probably start selling. I've held this long, I'm gonna wait and see how the next couple of months plays out.

If they aren't selling out, then the customer pipeline is the key to their future.

The stock market has been dishonest with us for years about true shareholder value. I think this is just yet another example of this. I think those who do not have a Roth IRA are fricked.

I thought the management team couldn’t do anything during this period trading wise.

That’s my understanding at least

Again, I hate beating a dead horse

But did the management team really not think for 6 to 8 weeks without any announcements that the stock would hold its value

Capital raises are almost always seen negatively

I just don’t understand the strategy or what they were thinking

The stock is a ship getting hit on all sides


I mean, they really don’t have any defense to help prop it up without legal questions

Very strange situation

I disagree. Solely have a Roth IRA account will not save you from economic recession. Don’t know what world you are living in

You are taking an antiquated stance on this matter. Yes, a Roth IRA is not enough, but with the way the market has fluctuated I think we need to start having the dreaded conversation about return on investment vs cost efficiency of investment.

And it’s officially under $2

Support looks really sketchy