GEIC opening, page-50

Good Morning Shannon,

I would agree with you on one point, the video does reinforce how exciting the future of graphene,

My concern is this. If FGR - as it boasts - is one of the worlds leading manufacturers of the highest grade Graphene, why then has it not been able to make inroads into sone of these companies with significant sales.

When you look into these companies who are already making inroads with graphene, they are all mainly trials.

Graphene in asphalt is currently being conducted by Directaplus, where they have only sealed a few km with Graphene, D+ does have a few good products i.e fabrics.

Applied Graphene Materials, has developed a graphene/zinc anti-corrosive paint, although I don't believe they have significant demand, their current production capacity is only a ~1 tonne.

The Graphene car BAC Mono, only 100 have been manufactured since 2011. I don't believe all of these contain graphene, Haydale was the company supplying BAC, their financial performance has been extremely poor.

XG Science has been working with Ford with a graphene foam, where the expected demand after 3 years of capacity is expected to be only 2 tonnes of G. they do offer G concrete, SC and Graphene silicon anodes, although these all appear to be trials rather than commercial adoption.

Graphene Tyres, I know of two companies, one is a Chinese company, the other one is a UK company, the UK company was expected to launch their G tyre a year or two, although I haven't seen anything about the new tyres being launched in the market.


There are currently no profitable graphene companies.

FGR's Sales/Purchase agreements should exceed the volumes of all of its competition, the issues I have, we have these agreements but we are not seeing these products reach the market or more importantly the revenues for these sales.

Steel Blue's new G boots or Aquatic Living Technologies new Graphene Pools, were expected to be launched this year, ALT is only a few days behind its expected launch, Steel Blue was expected to be released at the start of the year,

FGR's management are the ones to blame for failing to reach the companies forecast BE (December 2019 expectation) the market should be updated on why these agreements have not reached their expected quantities or why the offtake partners are yet to launch their G infused products,


Although I did enjoy the video, I am yet to see any success come out from GEIC, can anyone name one product that has been developed through GEIC? I.e industry approaching GEIC to improve its products where it is now available?


Happy Fathers Day to all the Dad, I hope you all have a great day.