Abound Energy Inc C.ABND

Alternate Symbol(s): ZAIRF

Technology

Abound Energy Inc, formerly Zinc8 Energy Solutions Inc, specialize in providing energy storage solutions. The Company’s Zaeras Flow Battery technology uses zinc-air chemistry to store and deliver electricity on demand. It is utilizing its Zaeras technology, whether deployed independently or as a facilitative technology, presents opportunities for achieving peak demand reduction, capitalizing on time-of-use arbitrage, engaging in value stacking programs, and entering the distributed long-duration energy storage domain. Zaeras is distinctive in its inherent absence of fire or explosion hazards, sustained capacity preservation over its extensive lifecycle, and its versatility in independently managing charge and discharge operations. Zaeras energy storage capacity is solely dictated by the dimensions of the zinc storage tank. This characteristic yields a scalable solution, offering an alternative to the fixed power-to-energy ratio constraints associated with lithium-ion batteries.

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Abound Energy Inc

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Comment by nineplyon Aug 24, 2020 11:07am

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Post# 31445556

RE:2-3 years of cash burn still to go prior to any revenue

hdawgz1 wrote: If you listen to Ron MacDonald or read the NR it is pretty clear that there are no real revenues/sales forecast for the foreseeable future so one can only expect that this ongoing pump n dump dilution PP scheme will need to continue. Wonder how long the scientists, engineers and other Zinc8 personnel will continue to work if they are not getting paid. If they are getting paid where is the cash going to come from?

This was the same problem that MGX had with Zinc8 in that the ongoing cash burn almost buried MGX with no end in sight. Nothing has really changed with the exception of the NYPA "demo/trial" being announced. They still need to find a way to pay the bills in the meantime.

Good luck!