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Plaid Technologies Provides Clarifying Disclosure
Thenewswireยท 2025-09-03 21:35
Core Viewpoint - Plaid Technologies Inc. is clarifying its previous disclosures regarding its graphite/graphene technology, intellectual property, and supply plans following a review by the British Columbia Securities Commission [1] Technology and Supply Plan - The company anticipates that its current graphene inventory will sustain operations for approximately the next 18 months based on current usage forecasts [2] - As the inventory approaches depletion, the company will consider either purchasing additional graphene from the market or producing more graphene using its Expanded Graphite Technology and Graphene Conversion Technology [2] Patent Application Transfer Risks - The original patent applicant, Attimar, sold its patent application to Future Investments Holding OU (FIHO), which then sold it to the company. A promissory note issued by FIHO to Attimar remains outstanding, posing a risk that Attimar may not transfer the patent application unless the note is fully paid [3] - If the patent application is not transferred, the company will rely on its existing graphene inventory and Graphene Conversion Technology or market purchases, potentially affecting the timing, cost, and availability of future graphene supply [4] Company Overview - The company focuses on developing and commercializing graphene-enhanced concrete technology, refining proprietary technology for uniform graphene dispersion in cement, and advancing a patent application related to expanded graphite production for industrial use [5]