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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 outtahere58on Mar 10, 2015 9:36pm
265 Views
Post# 23507939

Your math does not add up Chief - actually proves Zen's wort

Your math does not add up Chief - actually proves Zen's wort
I am posting this here as the CCB board keeps logging me out when I try to post....
Actually the math works against you Chief. In fact, you have just Proves the wisdom of staying long in Zen. Thanks for presenting this scenario.

You used to claim you had 800,000 Zen shares. I also recall you using 700,000 as the figure, so let's go with this lower one. . At $11.24 that would be almost $8M. But as you have repeatedly stated, you are all out of Zen and will not buy another share of it because you do not like it.

So now, to get that you would need 15M CCB shares at .54. But you can't have more than half that number or you would have to be listed as a major company holder.

So let's say you have 7M shares. It is hard to see how that is possible when you claim your average is only 9 cents and it has been about .11 for at least a couple of years. That kind of holding at that kind of average price might be possible if you got mega options, but I have seen no record of you getting any. You claims certainly raise questions, but for argument's sake, lets say you do have 7M shares.

That would get you about $3.8M, less than half the $8M you would have gotten by holding on to Zen.

Same for those who may have bought your pitching. 100,000 Zen shares at $11.24 would bring $1.124M. Several TCCers have boasted of selling their Zen and amassing 1M CCB. At .54, they would gets only $540K

So the math works against you on all counts. And hey, I have only used the numbers you gave, and references the claims you have made re your buying and selling. Better hope no one from TCC sees this and gets their kids to check your math.

Thanks again for proving the wisdom of staying Zen long.

Chief wrote: I am so confident of profit margins, that even if Zen then doubles to $11.24 all it takes is CCB to go to .54c So my little banned friend laugh now but I get the much larfer laugh in the end. Since my cost is .09c ccb, you will need to be at $11.24 for me to be Losing to a zen move. Its the math , not the race horse lol
Bullboard Posts