G6 Materials (TSE:GGG) has released an update.
G6 Materials Corp. is facing litigation that has impacted its financial stability, with a lawsuit filed by former executives claiming unpaid damages totaling $819,688, which the company denies. The ongoing legal battle has prevented G6 from securing the financing necessary to sustain its operations and address accumulating payables. Despite these challenges, G6 continues to innovate in advanced composites through its subsidiary, Graphene Laboratories Inc., which serves a diverse client base including Fortune 500 companies and NASA.
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