Our US trip has generated significant interest in implementing our GC Shield™ active shooter protection technologies into schools. This is a breakthrough moment for Graphene Composites.
We have received strong support from school officials, senior politicians and police authorities – protecting against active shooters is one of the few items with unanimous support, and our GC Shield™ technology stands out for its speed of deployment and adaptability.
In order to meet the expected surge in demand, we are creating a US subsidiary and establishing several manufacturing partnerships. In January 2019 we will also launch dual UK/US equity raises – for production scale-up in the US, and further product development in the UK. For existing GC shareholders, note that the UK parent company will effectively own all of the US subsidiary initially, and that new investors in the US subsidiary will add to the capital in the US subsidiary. In other words, the US subsidiary will add to the value of existing shareholders’ shares in the GC UK parent company.
Please note that GC shareholders have received a more detailed version of this post.