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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 Mar 03, 2015 6:09pm
126 Views
Post# 23485993

ZEN financials

ZEN financialsSince the release of the financials, several posters, myself included,  have reported  that based on the company information, ZEN will be short of cash this spring.....My analysis suggested sometime in May while others said June 2015..... By now I would have expected someone to respond and perhaps show us where our calculations are in error or even suggest that the cash shortfall will be covered by a Private Placement?...
Instead the only responses I have seen do not address the issue in any meaningful way.... I am refering to responses like....."go play with your marbles" or "direct your questions to the company"...or "if Aubrey says they have enough funds to get throuigh 2015 and beyond, it must be so".....Now we have posters suggesting that company officials at PDAC have given out information that only certain people are allowed to see?...better be careful with taht one...
I can only conclude that everyone who has taken the time to examine the financial reports has come to the conclusion that without further financing, ZEN will be out of business before summer? 
Bullboard Posts