Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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BREAKING: Gratomic Signs Deal to Supply Graphite to Todaq

  • Signed an agreement with Todaq Star Program Phase 1 Corp. to supply Todaq with an aggregate of US$25,000,000 of graphite from its Aukam project in Namibia over approximately 39 months
  • Initial order will be for 600 tonnes of graphite valued at US$3,000,000 payable in TODA Notes, a digital asset created as a medium for exchange and store of value, at a price of US$0.10 per TDN for an aggregate of 30 million TDN
  • Initial 600 tonnes of graphite are to be delivered within 90 days
  • Graphite is being purchased by Todaq to sit in reserve as a backstop to underpin the value of deployed TDN

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Hub On AGORACOM / Read Release

Message: House Positions

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I would not get too concerned. There will probably be a substantial sell off in US markets before year's end. Capital gains increases: "top rate on dividends to 43.4 percent from 15 percent and the top rate on capital gains to 23.8 percent from 15 percent."

They are forcing investors out of the blue chips and into stocks with higher Betas. Not really a good development for markets. The only catalyst out there for FO to keep the SP above 20c, US Markets, is the taxing ruling in Hungary.

Moreover, you have to keep in mind most people move in and out of penny stocks all the time. Hence the high volatility and larger Bid/Ask spreads when volume drops off. We are all speculative traders or we would not be involved with this stock. There are no revenues on the financials, so you’re not going to get any fundamental traders. However, once the ruling in Hungary is settled, and NIS and TXM pull product out of the ground, the Financials will take on a new meaning.

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