{"id":4822,"date":"2012-11-30T08:19:32","date_gmt":"2012-11-30T12:19:32","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=4822"},"modified":"2012-11-30T08:40:56","modified_gmt":"2012-11-30T12:40:56","slug":"usa-graphite-otcusgt-sparks-interest-in-the-electric-vehicle-marketplace","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/usa-graphite-otcusgt-sparks-interest-in-the-electric-vehicle-marketplace-4822","title":{"rendered":"USA Graphite (OTC:USGT) Sparks Interest In The Electric Vehicle Marketplace"},"content":{"rendered":"<p style=\"text-align: justify;\">Shares of USA Graphite (OTC:USGT) have been trending higher ever since the company issued an 8-K related to the appointment of Wayne Y. Yamamoto on November 13, 2012. Yamato was the former President of Call\/Recall and the Chief Technology Officer of W&amp;W and has also served on the board of directors for a number of startups including Arbor Software, Photonic Storage Systems and ResTech.<\/p>\n<p style=\"text-align: justify;\">Ever since the company issued a news release about the appointment of Mr. Mamamoto there has been an increasing number of company news, independent articles and <a href=\"https:\/\/twitter.com\/search?q=%24USGT&amp;src=typd\">mentions on twitter<\/a>. For instance, yesterday Josh Hutheson published an entry on The Motley Fool Blog Network section of TheFool.com titled: <em>\u201cTesla Motors In Rally mode As EV Buzz Grows\u201d<\/em> that highlights USA Graphite (OTC: USGT) and how the company believes that its property \u201ccould host a multi-million ton graphite mine. The article concludes that Tesla Motors will benefit from the rapid industry drivers in the graphite marketplace including graphene.<\/p>\n<p style=\"text-align: justify;\">A separate article on Seeking Alpha written by Hutheson expands on the market for grapheme, a material found within graphite. According to a profile in <a href=\"http:\/\/www.economist.com\/node\/21554503?frsc=dg|a\">The Economist<\/a>, grapheme has been proven to be 40 times stronger than steel with an electrical conductivity 1,000 times better than silicon\u2019s. The article goes on to say that the price of graphite has steadily risen mostly because of demand from China.<\/p>\n<p style=\"text-align: justify;\">Several days later the company announced the acquisition of a 100% stake located in the Pershing County, Nevada area. The Blue Wing Mountain Graphite Property is comprised of approximately 1985 acres. The acquisition will cost the company $3,000,000 in a combination of cash and stock as well as a 2% net smelter return. \u201cWe are pleased with our initial acquisition in the graphite space,\u201d stated President and CEO Wayne Y. Yamamoto.<\/p>\n<p style=\"text-align: justify;\">These material events have resulted in an increasing amount of trading volume. Prior to November 12, 2012, shares of USA Graphite stock had not traded a single share. Since then, over 250,000 shares have traded with an increase in price per share from $0.40 to $0.48. With the demand for graphite and grapheme increasing steadily as new uses are found this trend in USA Graphite (OTC: USGT)\u2019s stock may continue of the company continues to execute the business plan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of USA Graphite (OTC:USGT) have been trending higher ever since the company issued an 8-K related to the appointment of Wayne Y. Yamamoto on [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[260],"tags":[1441],"stock_ticker":[],"class_list":["post-4822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advancers","tag-otcusgt","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>USA Graphite (OTC:USGT) Sparks Interest In The Electric Vehicle Marketplace - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/usa-graphite-otcusgt-sparks-interest-in-the-electric-vehicle-marketplace-4822\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USA Graphite (OTC:USGT) Sparks Interest In The Electric Vehicle Marketplace - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Shares of USA Graphite (OTC:USGT) have been trending higher ever since the company issued an 8-K related to the appointment of Wayne Y. 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