Abound Energy Inc (ZAIRF)

[luisWinthorpIII]

It’s called NantEnergy

But these guys are not publicly traded that I’m aware of. And zinc8 energy (Mgxrf) has that contract with the New York power authority which is big time. Unless their upcoming demonstrations go awry, which is the risk, skies the limit for these guys.

But I don’t see failure happening. The testing involved to interface to that grid is going to be intense. You don’t just get a couple alligator clips and hook up. And there’s no way these guys would beat out dozens more companies for that contract unless they had the data to back it up.

I’m not aware of any other competition at the scale these guys are preparing to deliver on with this technology. I’m sure you’ll find institutions doing research but zinc8 is a first mover forging a new market. Everyone is focused on lithium ion but when it comes to integrating an electrochemical storage solution at the scale that is needed for a multi gigawatt grid, you have to think about cost and scalability and lithium ion does not solve that problem.

I am surprised to see the stock price floor appears to have dropped a penny from 19 to 18 cents. We are starting to see 18 cent bids and closes in the .215s. I tried to get as close to what appears to be the floor as possible but I may have jumped in too soon. That said we still see regular jumps to 23 and 24. I’m sure some folks are selling at 24 and buying back at 22 regularly until something big happens. But the volume is so low.