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SJL Close 2015-10-30 C$ 0.05
Mr. Paul Ogilvie reports
SAINT JEAN CARBON TO FILE PROVISIONAL PATENTS TO PROTECT NEW GRAPHENE TECHNOLOGIES, PROCESSES AND APPLICATIONS
Saint Jean Carbon Inc. is working through the filing of a number of provisional patents (the completion is expected to take about a week) designed to protect Saint Jean's carbon technology developments, the processes it has developed and the applications where the material could be used in the future. All filings will be done with the United States Patent and Trademark Office, followed by international filings within the year. The need to protect the company's work and progress is of great importance. Patents are best served if they are filed on a very timely basis, as the longer the company waits the more risk it may face from competitors willing to exploit the company's progress and research.
Paul Ogilvie, chief executive officer, commented: "The filing of the patents has been our highest priority, and we have been working around the clock to get them filed. The amount of time and effort spent on our research has given way to many developments that we feel need to be patented to protect our intellectual property and know-how, particularly as we plan to compete on an international level with other carbon companies. The development of superparamagnetic material that can change an atom's spin direction at an atomic level is very complex and includes ongoing work at the quantum level. This has been our focus in the development of new carbon technologies, equipment and overall processes necessary to arrive at a future level where these materials can be produced in large quantities."
The phase 1 test results (previously announced Oct. 22, 2015) have been received and will be issued upon completion of all the patent filings. As a matter of precaution and to protect the proper order of information dissemination, the company feels information can only be released after the patents have been filed to better protect shareholder value. The company looks forward to releasing the test results and the technology developments shortly.
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