|Bid||0.0200 x 0|
|Ask||0.0250 x 0|
|Day's Range||0.0200 - 0.0200|
|52 Week Range||0.0200 - 0.0400|
|Beta (5Y Monthly)||-0.31|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
OAKVILLE, Ontario, July 16, 2020 -- Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) (OTCQB: TORVF), a carbon science company engaged in the design and build.
The Alberta Securities Commission (ASC) has issued a Notice of Hearing alleging that Saint Jean Carbon Inc. and its CEO, Paul Anthony Ogilvie (Ogilvie) made misleading statements that would reasonably be expected to have a significant effect on the market price or value of Saint Jean Carbon's securities. The misleading statements are alleged to have been made in two news releases issued in February and March 2017. On March 21, 2017, the ASC issued an Interim Order against the "reporting insiders," as that term is defined in section 1.1 of National Instrument 55-104 Insider Reporting Requirements and Exemptions, of Saint Jean Carbon Inc. The Interim Order prohibits all trading in the securities of Saint Jean Carbon Inc. by the reporting insiders.
The Company is pleased to announce it has been awarded two graphene related projects from K-Technology USA Inc. (“K-Technology”). The first project is the development of superconducting wire based on Saint Jean’s provisional patent application (press release December 22nd 2015) for the development of a diamagnetic superconducting wire. The project entails the rewiring of the motors (4) on a drone with Saint Jean hyper-conducting wire and engineering an alternator re capture system to recharge the batteries.