Membership Login

American Graphite Technologies Inc (AGIN) – research report

21 Jan American Graphite Technologies Inc (AGIN) – research report

 

Screen Shot 2013-01-21 at 5.54.57 PM

 

With our top choice for the next APS pick, SWVI, possible getting passed over by APS because of too much pre-promo speculation, we have to now look at other possible candidates that haven't been piggy backed from our site.

One ticker which we have had on our watch list for a future paid promotion that we have kept off of our APS watch list in the past is American Graphite Technologies Inc (AGIN).  I added AGIN to our watch list for a future paid promotion on July 18, 2012 and did a research report for the ticker (which at that time traded under the symbol CQHL).  The following is a re-post of that original research report:

 

American Graphite Technologies inc went public as Green & Quality Home Life Inc.  The business entity was registered in the state of Nevada on June 1, 2010.  On June 21, 2010, 12,000,000 shares were issued to the company's sole officer/director, 31 year old Fabrio Alexandra Narita of Brazil, for $12,000.

On August 4, 2010, an S-1 was filed to take Green & Quality Home Life Inc public. The legal opinion was done by Thomas E. Puzzo (RAYS, NSRS, STNT).  The company had no real business operations.  It was a developmental stage company with a plan to offer a portfolio of unspecified products and services to provide solutions for every family to automate domestic activities, making them less time consuming, easy to manage and leveraging the quality of every member of a family.

Since the SEC will let any company go public even with the most ridiculous business plan and no real business operations, Green & Quality Home Life Inc was granted public trading status on June 30, 2011.

After going public, Green & Quality Home Life Inc sold 259,500 shares to some unnamed private investors for $5,190 ($.02/share).

On May 23, 2012, a change of control took place.  Rick Walchuk acquired the 12,000,000 shares from Fabio Alexandre Narita for $350,000.  Mr. Narita was happy with this because he did his part taking the P&D shell public and made over $330,000 minus the out of pocket expenses.  Rick Walchuk of Athens, Greece and Alberta, Canada currently also acts as the CEO for two other publicly traded companies.  He is the CEO of Viosolar Inc (VIOS) which 2 days ago did a 1:100 reverse split, and he is the CEO of New America Energy Corp (NECA).   NECA followed a similar pattern to Green & Quality Home Life Inc.  NECA went public as Atherton Inc and then after going public, Rick Walchuk purchased control of the shell in November of 2010 and immediately effected a 25:1 forward split.  Shortly after that in February of 2011, NECA signed an agreement with another often pumped shell, First Liberty Power Corp (FLPC).  Following the forward split NECA traded at $.40/share briefly jumping up to over $1.00/share.  Finally in November of 2011 a pump&dump was run on the stock.  The price was pushed up from $.31/share on October 31, 2011 to $.61/share on November 1, 2011 before the dumping gradually pushed the price down to where it sits today at $.04/share.  The pump&dump was only run by second rate promoters with modest compensations.  Rick Walchuk may have learned from that experience though and this time around some higher profile promoters may be chosen for the future GQHL pump&dump.  Prior to all of this, Rick Walchuk was also an officer/shareholder in the following companies - Acrongenomics Inc (AGNM), Sprout Development Inc (SODVF) which later became Viosolar Inc (VIOS), and Cascade Technologies Corp (CSDT).  Rick Walchuk form 3 and form 4 filings can be found here.

Rick Walchuk immediately kicked the next stage of the pump&dump shell into gear for GQHL after taking over by filing to raise the authorized share count, to do a 125:1 forward split, and to change the name of the shell to American Graphite Technologies Inc.

Today (July 18, 2012) the changes were put into effect.

Prior to the 125:1 forward split, Rick Walchuk returned 11,640,000 shares leaving him with 360,000 shares.

That means that after the 125:1 forward split, Rick Walchuk will own 45,000,000 shares purchased for $350,000 ($.00778/share), but more importantly some unnamed private investors (seed shareholders) will own 32,437,500 shares that they purchased for only $5,190 ($.00016/share).

At some point in the future it will be time to sell those 32,437,500 shares for a few million dollars and a high priced promotion could be the difference between selling them for $16,000,000+ or only selling them for around $6,000,000 - $8,000,000.  The next stage for this one will be a symbol change and probably an 8K announcing some kind of agreement to provide the shell with some forward looking business operations.

 

With other graphite stocks are currently getting pumped (USGT) and re-pumped (GRPH), graphite is without question a hot seller, but probably the biggest reason why I am now adding AGIN to our watch list for the next APS pick (assuming they really are passing on the obvious choice for the next pick) is because on January 3, 2013, American Graphite Technologies Inc got added to the German exchange.  The last 4 AwesomePennyStock picks all traded on the German exchange which makes trading on the German exchange almost a must when looking for possible future picks.  Here is another link to American Graphite Technologies Inc on the German exchange.

 

So what has been happening with AGIN since our July 28, 2012 report?

On August 27, 2012, American Graphite Technologies Inc got the new trading symbol (AGIN) as expected.

On August 29, 2012, AGIN did a draw down private placement financing agreement with one non-US investor.  The investor will make available of up to $2,500,000 by way of advances until August 29, 2013.  The investor will have the option to purchase up to $2,500,000 worth of shares of common stock at a price equal to 80% of the average of the closing prices for the preceding 5 Banking Days immediately preceding the date of the notice.

On September 5, 2012, the above mentioned investor bought $500,000 worth of AGIN stock (781,250 shares) at $.64/share which was 80% of the stock price at the time ($.80/share).

On December 3, 2012, AGIN signed a non-exclusive technology License agreement for patent and trade secret technology in the field of Graphene oxide or “Bucky” paper with Cheap Tubes, Inc.  As part of the agreement, Cheap Tubes, Inc would incorporate a new business entity into which they would transfer the Licensed technology for AGIN.  For a fee of $250,000 to be paid in increments over an 18 month period, AGIN would receive the rights to further develop, commercialize, market and distribute certain proprietary inventions and know-how related to the manufacturing processes for graphene predicts, including graphene paper, also known as Bucky Paper.  Cheap Tubes will also have the right to market and distribute Bucky Paper products, subject to our ongoing fees, as described below.

As consideration for funding, Cheap Tubes will pay us 40% of the Net Cheap Tubes Sales Revenue for Bucky Paper until the amount we have received equals our capital investment regardless of whether we or Cheap Tubes are the ultimate vendors on the sale.  Thereafter, we will receive 30% of our capital investment until such time as we have received an amount equal to 20% of the $250,000 invested, 25% for the next five years and 20% for the remaining five years, at which time all obligations to us from Cheap Tubes or Newco shall cease.
a

Basically it sounds like Cheap Tubes, Inc is in needed of funding to further its technology (assuming the technology even works) and AGIN is the financial backer.  Provisional patents do exist for the technology as described in the agreement.  The technology is in the Research & Development stage.

What is Paper Bucky?

Bucky Paper is a strong and lightweight substance manufactured from compressed carbon nanotubes, which are long, cylindrical carbon structures consisting of hexagonal graphite molecules attached at the edges.  A sheet of Bucky Paper looks like old-fashioned typewriter carbon paper but is much stronger than an equivalent mass of steel. When sheets of Bucky Paper are stacked and compressed, the resulting material is up to 500 times stronger than steel, at one-tenth of the weight. In this arrangement, the current-carrying capacity is remarkably high. Bucky Paper also has excellent thermal conductivity and low optical reflectivity.
 
Originally, Bucky Paper was fabricated as a way to handle carbon nanotubes, but it is also being studied and developed into applications and showing promise as an vehicle and body armor, Li Ion batteries, and next generation electronics and displays.  The generally accepted methods of making CNT films involves the use of surfactants which improves their dispersibility in aqueous or organic solutions. These suspensions can then be processed to yield uniform films called Bucky Papers.

The sole shareholder of Cheap Tubes Inc is Michael FoleyHere is the Cheap Tubes Inc website.

On December 21, 2012 the first payment was made and the technology License agreement was a go.  On December 24, 2012, that new entity was incorporated called CTI Nanotechnologies LLC to be used for the transfer of the patents and license technology.

AGIN is now pump ready.

 

More about American Graphite Technologies Inc

The address of the AGIN principal executive office is 3651 Lindell Road, Ste. D#422, Las Vegas, Nevada.  Which is a mailbox # in a Davinci virtual office.

The telephone number is (702) 473-8227.The AGIN website is americangraphitetechnologies.com.

Bios for the Management Team and Advisory Team:

Rick Walchuk

Has over 32 years experience in finance and management with both private and public companies in Europe, Canada and the USA. Mr. Walchuk's experience in business development in a variety of sectors make him the ideal candidate to spearhead AGIN's exciting technology and mining initiatives

Mr. Walchuk began his career working as a Financial Advisor, developing business plans and raising funds for entrepreneurs. He continues to sit on several boards and will bring a wealth of knowledge of the capital markets and strong corporate governance

At AGIN, Mr. Walchuk's responsibilities include administration and fund raising as well spearheading new short-term initiatives for the identification, exploration and development of proprietary technologies and strategic minerals.

Dmytro Vyngradov (Engineering and Physics)

Dmytro Vyngradov is a research scientist at the Ukraine National Science Center Science. Mr. Vyngradov brings extensive experience in the design and manufacture of the unique experimental research and instruments in the investigation of properties of nanomaterials and graphite nanotubes. His experiences include investigation of technical solutions of www.uspto.gov patent database in the following fields: fuel cells, metallurgical processes, superconducting, laser techniques, semiconductor electronic, microwave radars, corrosion resistance, reconfiguring the waveguide, using the super plasticity effects on industry, detectors of water vapor.

Mr. Vyngradov has a Master’s degree in engineering and physics and is currently conducting PhD work in Solid State Physics. Author and co-author of nine academic articles and 16 presentations at international science conferences.

Mike Foley (Advisor)

Two decades of experience in High Tech manufacturing primarily focused on Integrated Circuits, Micro Electro Mechanical Systems, Optics & Nanotechnology design, consulting and manufacturing. Founder of Cheap Tubes Inc, a leading graphene and nanotech supplier and the second Nanoparticle distributor in the USA. Mr. Foley was also Co-Founder of Green Mountain Optics LLC.

Bachelors of Science in Business Administration- 1997 Emmanuel College in Boston MA. Mr. Foley has filed 3 nanotechnology patent applications to date focusing on nanoparticle dispersion and applications development.

 

An American Graphite Technologies Inc (AGIN) presentation is coming soon, but for now they have a nice video on the website to watch.

 

 

More about the players:

Rick Walchuk who is from Greece and has strong ties to Calgary has a long history with publicly traded shells.  He is currently also the CEO of New America Energy Corp (NECA) and has been since November of 2010.  NECA was an often promoted stock with big promotional campaigns between November of 2011 and January of 2012 as well as some newsletters in April of 2012. 

Screen Shot 2013-01-21 at 10.14.23 PM

Rick Walchuk is the current CEO of Viosolar Inc which trades on the Canadian exchange and has been since 2007.

Rick Walchuk is a former director of Cascade Technologies Corp (CSDT) from 2008 - 2010.

Rick Walchuk was the CEO of Acongenomics Inc (AGNM) in 2004.

From April 1990 to March 2004, Rick Walchuk was a stockbroker with Blackmont Capital Inc. located in Calgary, Alberta

 

 

The current share count:

Authorized - 200,000,000 shares
Outstanding - 78,218,750 shares
Rick Walchuk - 45,000,000 shares (restricted)****
Seed shareholders - 32,437,500 shares (free trading) costing only $5,190 ($.00016/share)
Private investor - 781,250 shares

*** The latest filings now show that Rick Walchuk owns 30,000,000 shares with an outstanding share count of 78,218,750 meaning he would have given away ownership of 15,000,000 without disclosing who now owns those 15,000,000 shares.

 

Conclusion

AGIN being added to the German exchange recently has to make it a possibility for a future APS pick.  The free trading share count is a little lower than most APS picks, but still within the range of possibility.   On January 3, 2013, the same day that AGIN was added to the German exchange, the AGIN share price was hacked down from $.80/share to $.40/share.  I do not think that was a coincidence.  AGIN is not on too many radars at the moment, but it definitely should be.   We already considered AGIN to be a prime candidate for a future stock promotion adding it to our watch list on July 18, 2012.

 

 

 

 

 

4 Comments

Post A Comment

Howdy,
Buy Premium Version to add more powerful tools to this place. https://wpclever.net/downloads/wp-admin-smart-search