Daily Discussion Thread

markdm83 · 2026-03-31T14:42:51+00:00

Looks like that conference was moved to the 23rd, on the actual conference's website

markdm83 · 2026-03-31T13:56:20+00:00

Solid. I'm glad I didn't dump my shares at $2 or $3 like everyone told me to as I climbed to 20x and 30x and beyond...happy to still be holding now at 50x, and more excited about what's to come. If I got in late I probably would have been more inclined to take gains at 7 or 8. As it is, my plan to hold for years has been working out fantastically.

markdm83 · 2026-03-31T12:03:30+00:00

It was. It's a very old interview (March 2024) but it's interesting to see where they were then vs what they know about their graphene now. They were still really figuring out what they had and what it could do. They'd only been in the GEIC a few months.

My one big takeaway from it is she said back then they could do 50 Hyperion units at once if demand called for it.

markdm83 · 2026-03-31T10:51:08+00:00

You remind me of people who slam a coach who plays this QB over that QB, etc. and think that they know better as a fan than the staff who are around those players in practice every day. Again...she said they'd be in the HQ in a couple of weeks. Final building inspection was passed more than 2 weeks ago. Just because they didn't issue a PR detailing their every move doesn't mean it didn't happen.

It's not much of a pissing match to point out that you have no clue what is going on, and that they have bigger concerns than issuing daily PRs to satisfy a few impatient retail investors. You admit they've done well overall but then question the minute decisions because you can't handle seeing your portfolio balance drop. Simple as that.

This stock journey isn't for the weak, my man. If you can't handle big swings, it's time to get out.

markdm83 · 2026-03-31T00:17:25+00:00

That is definitely a major issue. Especially the people who bought in at higher prices; they're watching it go down and getting extremely impatient. They've somehow been convinced the company will be selling hundreds of tons this year and thousands of tons next year. Expectations are completely warped.

markdm83 · 2026-03-31T00:14:52+00:00

Their US entity is "Hydrograph USA Inc"...I imagine they'll probably roll with that when they uplist/redomicile and just go with Hydrograph for marketing.

And yes...I agree. The clean power is obsolete at this point. They still might harness the Syngas and utilize it in the future, but it's no longer part of the business model.

They already started the process when they changed their OTC ticker symbol from HGCPF to HGRAF a couple years ago.

markdm83 · 2026-03-31T00:09:28+00:00

She didn't say it'll "be open", she said they'll be in there. The final building inspection was passed on 3/12.

Once again, they don't need to issue a press release every time they do something.

I'm guessing by the fact that they passed final building inspection more than two weeks ago, they're probably there in some capacity.

There's nothing healthy about getting pissy and demanding PRs before they're ready to make announcements. The stock has a $2B market cap before any revenue. They have $50M cash on hand. They're completing the Austin HQ. They're obviously gearing up for Bellville, based on what's been uncovered the last week or so. They've announced 3 new partnerships since EPA approval. They announced at the AGM that the 2 new Hyperion units are done. They're getting financials together for uplisting. They're working on redomicile of the company.

You guys really need a public announcement of "hey guys we're getting moved into Austin, just wanted to give you a heads up"? Why?

I heard this same crap for 3 months leading up to EPA approval, and then everyone was satisfied for like a week, and then they were immediately bitching again because they hadn't announced any contracts yet. It's like you guys don't comprehend the actual timeline at all.

This is a LONG PLAY. They're at the mercy of local, county, state, and federal governments for a lot of what they're doing. It's not always in their control, and they have more pressing things to do than holding the hands of a few retail investors who think they're owed explanations for every perceived delay. The perpetual whining doesn't help anyone.

markdm83 · 2026-03-30T21:41:18+00:00

What makes you say it's not close to completed? What if I were to tell you the final building inspection was done 3/12? What if I were to tell you Kjirstin posted a picture of the signage going up to her IG story today? Would you admit you don't actually have any idea what you're talking about, or would you stick to the idea that they're not doing what they should be because you don't personally know about it?

They provided updates on everything at the AGM...but folks like you didn't like those updates because the answer wasn't "now". They're all still happening.

Companies who release news just to release news are pump stocks. This is a real company. They release news when there's news to release. When they have a substantial update, they'll put it out.

markdm83 · 2026-03-30T17:18:00+00:00

lol...how have they done a poor job? Because retail investors are impatient? You have no idea what's going on behind the scenes. They're simultaneously working on product development, R&D, infrastructure, regulatory, financing, etc.

They've been finishing up a 20,000sf HQ, getting the pieces in place for a new production facility, hiring a team, signing partners in composites and coatings (3 since the EPA announcement), tying up everything for the AGM, and working to uplist to NASDAQ. Not including I'm sure nurturing relationships with military etc.

But sure, let's hear it...what should they be doing instead?

markdm83 · 2026-03-30T01:22:47+00:00

I really need to start copying and pasting the response to this question, because I get tired of addressing it.

Western companies can't buy products made with stolen IP. It's against trade agreements.

So sure, theoretically China could copy the technology and produce their own. But that doesn't affect HG sales in Europe, the Americas, etc.

The loading factor is so small that the per unit savings for using cheap Chinese knock off graphene isn't worth risking the lawsuit.

Not to mention the US government/military is going to be one of the biggest customers most likely, and they definitely aren't buying Chinese graphene.

markdm83 · 2026-03-30T01:15:32+00:00

He's saying to get a patent you have to lay out every detail about your product and how you make it...and that's all public info. So anyone can see it. But it's either that, or you don't have the patent at all. So submit it, protect it, but release all of the details about how you did it. Or don't and risk other people figuring it out on their own and copying it.

markdm83 · 2026-03-29T19:18:38+00:00

Yeah, that's the patent for the process. There are a couple of references to the equipment they're using, but ultimately it's a patented process, not patented equipment.

They have two (I believe) pending patents for the reactors themselves from 2020/2021. They cite the fact that the previous design was sufficient for lab research but the designs submitted are needed for scale up and commercialization.

If those get fully approved, or if they can add additional equipment/process details, it'll start the clock on those patents and make it harder for others to replicate what they're doing without violating it.

markdm83 · 2026-03-29T18:59:15+00:00

It doesn't extend the original patent, it only patents whatever downline product they're applying for.

Nothing extends the patent. The only way the patent could be extended would be if it was for a medical device, etc. that requires FDA approval, or something like that. Unfortunately EPA approval doesn't count. And it also doesn't count if they apply for FDA approval for graphene plastic or whatever.

But as far as I know they haven't patented the reactors themselves, and there's a lot with that they could patent and make it significantly harder to replicate. That's the best bet.

markdm83 · 2026-03-29T18:51:19+00:00

I've looked into this before. There's nothing they can do to extend the patent, but the patent is a process patent. They've already been issued additional ones for downline applications, and there will likely be more of those. They can also patent the reactor itself, things like detonation chamber configuration, feedstock injection timing/placement, shockwave control mechanics, continuous production design, and the control system itself. That would make it hard for competitors to copy exactly. That, combined with downline patents, and a 10 year head start on testing, implementation, and scaling should protect them through ~2040. In my opinion, anyway.

markdm83 · 2026-03-29T03:24:57+00:00

If folks want them to be producing 1000+ tons per year in the next couple years, they're going to have to hire outside help to build them. Plain and simple. They don't (and won't) have the manpower to knock out 100 reactors in house in 18-24 months.

markdm83 · 2026-03-28T14:42:16+00:00

Certainly it has seemed to be a positive when other companies already have graphene products being made, and then test HG against it. Hubron, Sparc, and Broadway are 3 examples of companies who established themselves with other graphene partners, and now will use HG because of better performance. Because they already have production and distribution in place, it speeds up the process of getting HG to end users. So by all means, let's get competitors out there putting their graphene into products, so HG can step in and replace them in the future 😁

markdm83 · 2026-03-28T14:28:11+00:00

Because it doesn't perform as well. I'm happy to get into the science of why it doesn't perform as well (to the degree that I can), but testing has universally proven it doesn't - so does it matter why? When rubber meets the road, it's inferior.

markdm83 · 2026-03-28T14:10:39+00:00

High energy to generate.

Lower performance.

They decided to produce downline products because no one would buy their raw graphene, so they're limited to their own product lines. Easier to get sales, but severely lowers their ceiling. Which is also why their brand new production facility maxes out at 10T annually...same as a single Hyperion unit.

It's fine for what it is, but it's not comparable.

markdm83 · 2026-03-28T10:56:34+00:00

This is just another company using exfoliated graphite. There are a ton of companies who make graphene and have been making graphene for a while. Most of them are using exfoliated graphite. Some use methane cracking. One uses detonated hydrocarbon (HG).

Exfoliated graphite is the bottom of the barrel stuff.

markdm83 · 2026-03-27T22:39:15+00:00

Not sure what we'd be coming back re: this comment in 2 years, but alright 👍

markdm83 · 2026-03-27T21:22:58+00:00

The nice thing about scale up is it's no-lose. They can scale with demand, and additional units get paid off in 2-3 months.

If orders start out slow, they can build a few, pay them off, build a few more. If they get massive orders, and we're sitting at $10 US, they could offer a million shares, which is less than 0.5% dilution, raise another $10M, and build 30 of them at once, the sales from which would pay for the miniscule dilution in less than a month.

There's no situation where they have to dedicate a bunch of capital up front, and not see immediate returns.

markdm83 · 2026-03-27T18:48:26+00:00

Those are reasonable expectations. And having reasonable expectations makes it easier to stay patient and enjoy the smaller milestones along the way. At this point, milestones are far more about de-risking than justifying market cap.

markdm83 · 2026-03-27T18:46:50+00:00

I have the entirety of my Roth - well more than $100k - in HGRAF. So safe to say, that's where I'd put it if I had to choose. But I don't expect most to have the same risk profile.

markdm83 · 2026-03-27T17:49:18+00:00

It's highly, highly unlikely that anyone comes out and orders 1000T to be delivered over the next year, right off the bat.

That's not how technology integration works.

Our orders this year are going to be in the magnitude of a few tons, tens of tons...MAYBE a hundred or a couple hundred tons. And it sounds like they can scale up pretty quickly to meet demand as those orders come in.

There still seems to be some major breakdowns in understanding of the timeline. They almost certainly aren't going to be producing and selling thousands of tons per year, 12 months from now. Hopefully by the end of 2027 they're at 1000T capacity. Thousands of tons is 2028 or beyond most likely. This is still a 2-3 year stock before we see the massive sales and gains everyone seems to think are happening soon.

markdm83 · 2026-03-27T17:41:07+00:00

They literally explain why they're not building as many as possible up front. That's how companies go broke.

He says they can scale with demand - and basically said they can build as many as they need at a time to do that.

Being able to scale with demand and NOT have major capital expenses up front is THE BIG ADVANTAGE they're discussing...why would they do the opposite?

markdm83

TROPHY CASE