Emerging Graphene Technology Company

Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications

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They don't own any shares or at least any significant amount, but they still own 1,000,000 warrants with a strike price of $1.50 that will expire in December. If they exercise we will see this at least in a quarterly report, so it has not been done as of the last quarterly report. They will exercise these if the SP exceeds $1.50 and then likely turn around and sell the whole million, likely they will just sit on them until the expiry date, unless there is a buyout or something equally dramatic before then.

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