Emerging Graphene Technology Company

Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications

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Message: naked shorting

The interesting about the naked short situation is that Aubrey told me about it (but not in those words) that morning before market open. He told me brokers were going around looking for shares and there was none to be had. Turns out these guys were caught short selling naked and could not cover. There is literally, not enough shares around to "borrow" 187k to cover a short. This is great news for us as it confirms how tight this stock is. Once we get some good drilling results, this thing will move up very fast as those of us holding this realize how special this one is. Anyone nervous about this one needs to keep rereading the great DD that has been done here and on TCC. The fact that the share price is levelling off is normal here. I talked about ZEN to a few people over the Easter weekend and the first reaction I got when I said we were up 1000% in 6 months was: SELL!! There are other investors that I know have looked at this and now feel they have missed they bus here and are on the sidelines. However, this kind of huge ROI giving many the sell signal and new investors pause has nothing to do with the fundamentals of the company. MC undiluted is still under $100M right now which is ridiculous for this unique deposit. I bought more last week at $2.15ish and am very comfortable buying at these levels. We are now back at $2 and this seems to be a solid support. Combine that with a long weekend where many family reunions happened and the story got shared around and I think we will have a good week.

Happy April fool's day to everyone!

Glorieux

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