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International Zeolite Corp V.IZ

Alternate Symbol(s):  IZCFF

International Zeolite Corp. is a vertically integrated industrial minerals company. Its principal business activities are the exploration and development of mineral properties and the development, marketing and sales of industrial commercial products from the production of its properties and the supply of raw materials from third party suppliers. Its segments include exploration and development, and retail and commercial sales. It has a Zeolite project in the Bromley Creek area located near Princeton, British Columbia (the Bromley Creek Zeolite Project). It holds 640.21 hectares of mineral claims leased from the British Columbia government. The Bromley Creek Zeolite Project consists of a total of one mineral lease and four mineral claims. Its products include NEREA and Natural Zeolite. NEREA is a material and method of direct crop and plant agronomy, offering an alternative to the hydroponics technique. Its products have applications in agriculture, industrial and home use.


TSXV:IZ - Post by User

Post by dart321on Sep 28, 2023 1:05pm
131 Views
Post# 35659739

Debt

DebtRay, answer me this question. Why would anyone finance this compay to pay your debt off when almost all that debt is interest? You loaned this company money over a decaid ago and let the interest build up to where it is today. You have had substantial financings a number of times where you could have paid that debt off but no you let it accure interest over the years to the point now where the interest charges per year are two or three time what the original loan was for. So why do you think anyone is going to finance you to pay off something like that?
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