Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Zentek Ltd V.ZEN

Alternate Symbol(s):  ZTEK

Zentek Ltd. is a Canada-based graphene technology company. The principal business of the Company is to develop opportunities in the graphene and related nano-materials industry based on its intellectual property, patents and unique Albany graphite. The Company is focused on the research, development, and commercialization of graphene-based products. The Company's technology helps filter and deactivate pathogens to reduce the risk of transmission. The Company is focused on commercializing ZenGUARD, which is a hydrophilic, water attracting coating that adsorbs bacteria and virus-laden aerosols and deactivates them, increasing public safety, and reducing the risk of transmission of COVID and other pathogens. The Company is developing a graphene-based fuel additive that can reduce greenhouse gas (GHG) emissions from diesel and bio-diesel fuels. The Company’s developments include Aptamers & Rapid Detection and Graphene-Oxide Synthesis & Graphene Synthesis.


TSXV:ZEN - Post by User

Bullboard Posts
Comment by ThinkPleaseon Nov 12, 2018 12:34pm
117 Views
Post# 28960421

RE:AE's severence. Zen Should provide update on status?

RE:AE's severence. Zen Should provide update on status?
riskybusiness19 wrote:
Shouldn't the company provide an update on the status of this? gGiven the company is small and cash tight, wouldn't it be material?


Absolutely, the status of Aubrey's contract is material. All non-arms-length contracts with insiders are material. The company failed to dislcose the status of the contract in its Audited Annual Financial Statement, its Interim Financial Statement filed thereafter, and the Management Information Circular for the Annual and Special Meeting of Shareholders. 

Shareholders have a right to know, and the company has a duty to disclose: the current status of the employment contract (is it still in force or has it been terminated); the salary due and payable under the contract; severance payments due under the contract; and, whether there may be litigation or other encumbrances requiring financial set-asides reportable on the balance sheet, if the contract is being contested in the courts.

The officers who certified the financial filings are in breach of their fiduciary duties to the company, also.


Bullboard Posts