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Northern Graphite Corporation Message Board

ddunn1949 5 posts  |  Last Activity: Jan 14, 2015 11:01 PM Member since: Aug 23, 2004
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  • At October 31, 2014, we had cash on hand of $9,146. The company has negative working capital of $387,462 . Net cash used in operating activities for the nine months ended October 31, 2014 was $456,936. Cash on hand is adequate to fund our operations for less than one month. We do not expect to achieve positive cash flow from operating activities in the near future. We will require additional cash in order to implement our business plan. There is no guarantee that we will be able to attain fund when we need them or that funds will be available on terms that are acceptable to the Company. We have no material commitments for capital expenditures as of October 31, 2014.

    Additional Financing

    Additional financing is required to continue operations. Although actively searching for available capital, the Company does not have any current arrangements for additional outside sources of financing and cannot provide any assurance that such financing will be available.

  • ddunn1949 by ddunn1949 Dec 25, 2014 11:59 PM Flag

    Just went to a buy on ANV

    Sentiment: Strong Buy

  • Reply to

    jp morgan

    by ddunn1949 Dec 8, 2014 9:06 PM
    ddunn1949 ddunn1949 Dec 9, 2014 4:24 AM Flag

    morgan Stanley owns 5.59 %

  • ddunn1949 by ddunn1949 Dec 8, 2014 9:06 PM Flag

    Morgan Stanley 996,953 5.59 9,819,987 Sep 30, 2014

  • Reply to

    Question

    by jo.ster Dec 1, 2014 3:16 PM
    ddunn1949 ddunn1949 Dec 1, 2014 9:44 PM Flag

    Russia to carry out large-scale military drills in 2015

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