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I'm hoping they close the second tranche soon. That would show someone believes they have a shot at making this work.
High ceiling, low floor. Any day they could announce a big deal or just fold up and go home. I will take the bullish outlook just because I like their approach to LTES.
Here is a video on battery technologies and "the hype cycle." Basically there is a theory that says sentiment for new technologies goes through stages ... you can learn about it in the video, it's not super long. Anyway, I was pleased to see that "zinc-air" technology made it onto the charts. It is shown as >= 10 years away, which seems believable. The weird thing though is that it is shown as being almost at peak hype. Are there other players in zinc-air that are getting publicity?
This is about to show some life. Loaded at .07
Insiders are buying in.
https://ceo.ca/@thenewswire/abound-closes-first-tranche-of-its-unit-offering
We have an order folks!
https://ceo.ca/@thenewswire/abound-energy-and-novus-energy-announce-transformative
PATIENTS......USE THE FORCE ....
VANCOUVER, BC – TheNewswire - June 07, 2024 - ABOUND Energy Inc. (“ABOUND” or the “Company”) (CSE: ABND) (OTC PINK: ZAIRF) (FSE: 0E9) is thrilled to announce a key milestone in the advancement of its Zaerasä energy storage technology. After more than 8 years of dedicated development, the Zaero Texä (air cathode) has officially transitioned from research and development to commercial viability.
https://ceo.ca/@thenewswire/abound-announces-technological-milestone-the-appointment
patience for what?
But, patience is a virtue..
It's an interesting story. Potentially great product but as yet unproven.
https://otcwiki.net/stock/ZAIRF_-_Abound_Energy_Inc
Ulster County IDA update 2-21-24: Joe talked to a representative 10 days ago. They are still interested in Ulster County and have been in recent contact with Empire State Development and the Governor's office. They are working on the their business plan and financing. Joe said the talking, returning phone calls and continued interest is a positive sign.
Nice to see the New York Facility is still in the works. I hope the next Ulster meeting includes a commitment to closing on the $15-$20M in Bond funding. From LinkedIn:
"ABOUND's latest initiative involves collaborating with external companies to subcontract their Testing and Development services. The objective is to accelerate advancements in Long-Duration Energy Storage, ultimately leading to the contract manufacturing of state-of-the-art technologies at their New York facility."
I want to congratulate zinc8/A bound Energy on successful struggles. It is not easy reinventing what Energy storage will be in the Future.
lolol. try to erase that scam name from people's minds.
Zinc8 Energy Solutions Inc. changed to Abound Energy Inc:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
That took quite a while to get to the point, but in the end was pretty informative. I think the bottom line is they are trying to figure out how to stay in business while continuing to develop the technology.
Zaeras™ New patented technology revealed on their website.
https://www.zinc8energy.com/category/press-release/
Zinc8 Energy Solutions Inc. announced that it expects to receive CAD 0.45 million in funding
November 20, 2023
Debt Level: ZAIR.D is debt free.
Reducing Debt: ZAIR.D has no debt compared to 5 years ago when its debt to equity ratio was 126.7%.
Patients... is a virtue....
maybe for a doctor.
Patients... is a virtue....
nobody ever offered a reason for the halt. do you think this could have been it?
Zinc8 Energy Solutions Inc. Announces Resignation of Ron Macdonald as CEO
September 18, 2023 at 01:55 pm EDT
Share
Zinc8 Energy Solutions Inc. to provide certain updates regarding changes to its management and board of directors and regarding the Company's operations and financial position. Ron Macdonald has resigned as the Chairman, the CEO and a director of Zinc8 and Gurcharn Deol has resigned as a director. Dr. Simon Fan, the Chief Technology Officer and the Executive Vice-President of the Company will lead the Company in an executive and operational capacity until such time as the Board of Directors selects a new Chief Executive Officer.
In addition to his vital role developing Zinc8's proprietary technology, Dr. Fan brings a unique range of skills to Zinc8 and is one of the Company's longest tenured employees with tremendous dedication to the Company and its mission.
i did. they are all gone . like this dilution scheme will be.
You smarter than us Boss man..?
Not a fan of reverse splits for obvious reasons…huge percentage of those don’t work out. And why are you spamming so many other message boards…? Don’t even respond to this, if you don’t want Ihub Admin alerted…as even under new rules that’s taboo…
Ulster meeting update. Robert Parker gave a brief update that there are challenges with the company currently, but they still intend to move forward with Ulster County for manufacturing the product. They are highly confident in the technology and are working through organizational issues. He was going to meet with the IPark 87 people following the meeting.
ZAIRF one for 10 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Maybe they know something you don't..??
I don't think a reverse split has ever been good news. And, yes, it will apply to US shareholders.
we have a new top dog maybe he can sell something,
Zinc8 Energy Solutions (OTCPK:ZAIRF) Thursday announced the appointment of Jason Birmingham as Interim President & CEO, and a Director of the company effective November 2.
Sorin Spinu, Chief Financial Officer of Zinc8, is no longer serving as the Chief Financial Officer of the company.
i hope this is good news. does this apply to US share holds as well?
VANCOUVER, BC, Nov. 2, 2023 /CNW/ - Zinc8 Energy Solutions Inc. ("Zinc8" or the "Company") (CSE: ZAIR) (OTC: ZAIRF) (FSE: 0E9) announces that its board of directors has approved a consolidation (the "Consolidation") of the common shares in the capital of the Company (the "Common Shares") at a ratio of 10 pre-Consolidation Common Shares (the "Existing Shares") for one post-Consolidation Common Share (the "Consolidated Shares"). The Share Consolidation remains subject to the approval of the Canadian Securities Exchange (the "CSE"). The Company will issue a news release upon receiving CSE approval, announcing the effective date of the Share Consolidation. The Consolidated Shares will subsequently begin trading on a consolidated basis under the existing Company name and trading symbol.
Zinc8 Energy Solutions Logo (CNW Group/Zinc8 Energy Solutions Inc.)
The proposed share consolidation would result in the number of issued and outstanding common shares being reduced from the current outstanding 182,723,113 common shares to approximately 18,272,311 common shares, subject to rounding.
No fractional shares will be issued as a result of the share consolidation. Any fractional shares resulting from the share consolidation will be rounded up to the next whole common share, and no cash consideration will be paid in respect of fractional shares.
The company's board of directors believes that the share consolidation will provide the company with greater flexibility for the continued development of its business and the growth of the company, including financing arrangements.
The company will be obtaining a new CUSIP and ISIN number for the share consolidation. The record date and effective date of the share consolidation, and the new CUSIP and ISIN numbers, will be disclosed in a subsequent news release. Generally, with respect of a consolidation, the shares would commence quotation on the CSE on a consolidated basis on the first trading day prior to the record date, being the effective date, and the CSE would issue a bulletin to dealers advising of the share consolidation and effective date of trading on the consolidated basis. Notwithstanding the foregoing, the share consolidation is subject to regulatory approval, and the board of directors may, at its discretion, determine to amend the terms or not to move forward with the share consolidation.
The Company is in the process of securing alternate financing and the Board is canceling the proposed non-brokered private placement offering (the "Private Placement") announced on September 26, 2023 and revised on October 10, 2023.
The Company does not intend to obtain securityholder approval for the alternative financing in reliance on the exceptions outlined in section 4.6(2)(b) of Policy 4 of the Canadian Securities Exchange. Further to the Company's news release dated September 18, 2023, the Company needs additional funding to finance its operations and without such financing its ability to continue as a going concern is at risk. The independent directors of the Company have determined that pursuing alternate means of financing is in the best interests of the Company, and that it is not feasible to obtain securityholder approval for the alternate financing in a timely manner given the Company's circumstances.
The proceeds of the alternative financing will be used for working capital expenditures including operating expenses, payment of accounts payable, research and development, pursuing advancement of the Company's business plan, salaries and wages, and professional fees. Finder's fees and/or commissions may be paid in connection with that funding. This news release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction.
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