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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

Comment by hdawgz1on Apr 23, 2023 9:08pm
94 Views
Post# 35409747

RE:RE:RE:I will save you the bother

RE:RE:RE:I will save you the botherI believe if you check the details of these rights exercises you will see that in order to get their "free" rights it comes with the clause that they also have to be the same amount of shares.  So in essence, even though these insiders appear to be buying shares the amount they are buying us half or less than what they are granted.  So in essence they are getting their shares at half price or less than what you or I could purchase them for on the open market.  If that is not the case, why would any insider pay more to exercise rights to buy shares when they could buy them for less on the open market?  
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