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Zecotek Photonics Inc ZMSPF

Zecotek Photonics Inc is in the business of research and development of photonics technologies. The company is focused on creating advanced materials and integrated optoelectronic devices for high-resolution medical imaging, optical precision surgery, and biopharmaceutical research. It operates in three divisions which include Imaging systems, Optronics systems, and 3D display systems with labs located in Canada, Korea, Russia, Singapore, and the U.S.A. The company develops products such as scintillation crystals, solid-state, photodetectors, positron emission tomography scanning components, lasers, and 3D display and 3D printing technologies. These products are used in sectors such as healthcare, scientific and industrial.


GREY:ZMSPF - Post by User

Comment by Pandoraon Sep 30, 2020 2:43pm
114 Views
Post# 31643026

RE:RE:Just Checking Back

RE:RE:Just Checking Back
Not being a sophisticated investor or a Philadelphia lawyer I cannot meaningfully interpret what this means to the ordinary shareholder. I have reached out to the IR guy Tim to see if he can answer a couple of questions.
I also assume there are knowledgeable people on this board that can explain it.

I roughly interpret that we lose all attachment to the assets in the Imaging and Display business as those all get sold to Wang Holdings. That in effect leaves us with shares in a "shell" company??

Once that transaction is complete Faouzi will take the resulting 'shell' company from the Venture Exchange and seek a listing on the CSE Exchange for some unknown business?

Question? If a person held 100,000 shares in ZMS what do they own share wise, in what, when this is all over?
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