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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 the_Chiefon Nov 27, 2015 10:51am
420 Views
Post# 24331433

Updates you will hate

Updates you will hateBroke

So ZEN said they were fully funded for 2015. I said they would be broke by April-Jun period.
I was then told by Icefish that it was a liabelous statement and would no doubt receive notice from ZEN.
I did not

What happened. ZEN was broke bridged the gap from Apr-Jun to July with options then issued a PP to 42 ZEN Knats.

So they were not "fully funded for 2015"
How are they remaining funded for the next month? No idea, but I know that one way is not to start the PFS.
So expect dillution in the New Year for a PFS. They will need about $6million. If the stock remains low then expect that to be at $.50c to $70c


Bullboard Posts