Jun. 2 at 5:21 PM
$GMGMF Grok, should GMG investors be concerned about the weak revenue, significant losses, share dilution, marketing spends on investor awareness campagns; and the substantial number of insider share selling by GMG CEO Craig Nicol over the last 30 days.
Yes, GMG (Graphene Manufacturing Group Ltd., TSXV: GMG) investors should be concerned about these issues, as they highlight classic risks in an early-stage, pre-revenue growth company in a capital-intensive tech/materials sector. These factors point to execution challenges, high cash burn, and potential misalignment, even as the company shows some commercial progress.
graphenemg.com +1
Weak Revenue and Significant Losses
Revenue remains negligible: For the year ended June 30, 2025, revenue was only ~A
$238K (primarily from G® Lubricant sales), down from ~A
$295K the prior year. Earlier periods were even lower (e.g., tens of thousands).