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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

Post by ThunderBullon Dec 09, 2020 10:15pm
312 Views
Post# 32074220

Zinc8 - Proceed with Caution - Do your research!

Zinc8 - Proceed with Caution - Do your research!
Investors looking at Zinc8 Energy Solutions should be aware of its history.  This company used to be called ZincNyx.  Then it was MGX - Renewables.  Now it's Zinc 8 Energy Solutions.  https://www.greentechmedia.com/articles/read/zincnyx-plans-flow-battery-mass-production-within-a-year

That mass production listed in the article above never happened so far I can dig up.  

They have been touting a very similar message for a number of years.  There was a rift with their former CEO Jared Lazerson.  Ron MacDonald was promoted to the position recently.  He used to lead American Vanadium Corp.  

Check out this interview with MacDonald with his time at Vanadium and compare it to his talking points now with Zinc 8 Energy Solutions: https://www.youtube.com/watch?v=LV7YPgJjO-Q&t=400s
Sound familiar?   Where is American Vanadium Corp now? 

My message to potential investors: proceed with caution.  You've seen the opinions of some of the users on this forum most notably AllenJames, Hdawgz and Nineply.  

Do your research, and you'll find a lot of smoke.  Look at the company's history, and pay attention to the major players that have been involved like Zimtu/MGX.  Look at the major shareholders buy/sell history. Someone posted a Rockstone research report.  Keep in mind that's paid by Zimtu... a majority shareholder. 

These accelerator programs Zinc 8 is participating in all look good, but keep in mind there's been no deliverable yet.  Something like 60% of accelerator programs are unsuccessful in 2 years.  The Surrey install is supposed to begin in the next couple weeks but commissioning not until 2021.  Keep an eye out for news on these fronts. 

There are a lot of unknowns.  This is a very speculative play, with some warning signs.  Proceed with caution.  The idea of Zinc 8 is great.  I say that as a climate change advocate with an environmental science background.  But ideas are different than facts and reality.  Be careful, however you proceed.  
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