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Abound Energy Inc C.ABND

Alternate Symbol(s):  ZAIRF

Abound Energy Inc, formerly Zinc8 Energy Solutions Inc, specialize in providing energy storage solutions. The Company’s Zaeras Flow Battery technology uses zinc-air chemistry to store and deliver electricity on demand. It is utilizing its Zaeras technology, whether deployed independently or as a facilitative technology, presents opportunities for achieving peak demand reduction, capitalizing on time-of-use arbitrage, engaging in value stacking programs, and entering the distributed long-duration energy storage domain. Zaeras is distinctive in its inherent absence of fire or explosion hazards, sustained capacity preservation over its extensive lifecycle, and its versatility in independently managing charge and discharge operations. Zaeras energy storage capacity is solely dictated by the dimensions of the zinc storage tank. This characteristic yields a scalable solution, offering an alternative to the fixed power-to-energy ratio constraints associated with lithium-ion batteries.


CSE:ABND - Post by User

Bullboard Posts
Comment by hdawgz1on Jul 15, 2020 5:54pm
22 Views
Post# 31273062

RE:RE:Interim Financials & MDA for first quarter to Mar31, 2020

RE:RE:Interim Financials & MDA for first quarter to Mar31, 2020Alminem - don't fool yourself.  These are financial accounting numbers and though they are playing withn the financial accounting rules the gain is only an accounting gain due to sweetheart deal they got from by buying off Jared Lazerson in a raw deal for MGX investors.  This company is in a horrible financial position.

If you don't think the SP is going to at least 11 cents or lower and is going to stay there for a long period of time you are only fooling yourself.  This company is going to need another massive diluting private placement or two if it hopes to even get to a demo stage.

Like I said, even if investors truly believe the in the Zinc8 story (or as I call it scam) then you should sell now while you can and buy back in 3-6 months from now as the SP will for sure fall.   Both the long term prospects/progress financially and product creation will be much clearer.  There is no doubt though that the SP is in for at least short to medium term pain/duress and the long term will depend on the actions of Zinc8.

If you think I am shorter and that is why you are not listening or heeding this advice then so be it.    
Bullboard Posts