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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

Comment by Ridgebackon Nov 30, 2021 2:01pm
187 Views
Post# 34181324

RE:MORE NEWS!!! ISO TESTING STREAM!!!

RE:MORE NEWS!!! ISO TESTING STREAM!!!The latest ZEN finaciial report is out. This company has great potential however it will require greater cash flow which I feel will come as they implement their business plan. I do like the HPA filter potential for homes. I use one the lasts about 0ne year from April Aire would love to see the process applied to this company. No doubt a great addition to any Havac system.

So here it is hope some of you read all the finacials? 

Results of Operations Net loss The Corporation recorded a loss of $2,947,688 with basic and diluted loss per share of $0.03 for the three month period ended September 30, 2021 (2020 – loss of $434,829 and $0.01). The loss for the six month period ended September 30, 2021 was $4,807,227 with basic and diluted loss per share of $0.05 (2020 – loss of $791,156 and $0.01) Revenue The Corporation generated revenue from operations for the three and six months ended September 30, 2021 totaling $150,145 (2020 - $nil). Interest and other income for the three month period ended September 30, 2021

No doubt this company has great growth potential as they change from mining to health care with many catalysts along the way to boost the income. Bottom line impliment the plan of growth and lets see what the revenues are as they move ahead. I do see more dilution coming just a cost of growing pains for a line of products with various avenues of growth, Health Care and Consumers as well as industrial applications. Ball is in their court.

Regards
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