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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

Bullboard Posts
Post by gonefishing5879on Feb 25, 2015 2:20pm
103 Views
Post# 23464411

ZEN Finances

ZEN FinancesSo in response to my post on finances, most posters simply did not answer the question. Others suggested that ZEN will meet their financial obligations by raising money or through warrants and options......These are all possibilities......however here is the company statement...

“The Corporation remains in sound financial position to fund its currently planned and anticipated exploration programs, operating expenses and contractual commitments for calendar year 2015, as well as meet currently known contractual commitments beyond the 2015 work program. “ (Page 17, MD&A)

This statement says that they have enough assets currently to finance operations through 2015 and beyond. The financial statements simply don't support this statement? What have I missed from the statements and the MD&A?
Bullboard Posts