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.

CSE:ABND - Post by User

Abound Energy Inc > No product, no revenue, no ROI

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Comment by AlMinemon Aug 25, 2020 3:31pm

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Post# 31451892

RE:RE:No product, no revenue, no ROI

          Zinc8 is developing and developed fast.
           1) Cathodes has been in production since Sep 2019.
           2) 75.9-House project was signed Oct, 2019, will be installed before the end of 2020 when the construction of the house should have been finished.
           3) NYPA project signed Jan 2020. 100+ more similar project in the pipe line. it will generate cash flow in 2022.
           4) NYSERDA project signed Mar 2020. it will generate cash flow in 2022 also.
           5) JL has been kicked out.
           6) Debt with XMG has been settled.
           7) Zinc8 joined NY Tech Incubators.
           8) US subsidiary created.
           9) Brooklyn projects reopened again since the Pandemic, NYSERDA project is one of the sub-contracts from Brooklyn projects, 100+ projects like NYSERDA project are up to grab.
            10) Joint adventure and partnership is in the focus, assembly plant is in the plan.

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