Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 postie1on Jan 24, 2024 2:34pm
146 Views
Post# 35843513

would not be surprised

would not be surprisedif a PP is coming in the .30 - .35 range.(or financing is going to tale place maybe through the PP)
The PP in Sept for 333,333,333, shares did not seem to go off at least as planned then there was a share consolidation plus leadership change.Then apparently there was another PP announced which closed on Dec. 22 in which insiders purchased a fair amount at .05( that is usually always a good sign).It would be nice to know if there were other big purchasers Then one felllow left a couple of weeks later only to be replaced by someone that played a pivotal role in the restructuring(He is with the Blackland Energy Group)  Now all of a sudden the share price works up into this range and has been pretty static there. The people who bought the PP are up 7 times their money already not counting the warrants( I do not see in news release that there is a trigger other than date). Now at .30 it would only take approximately15,000,000 -17,000,000 shares to raise $5 million. On the other hand if there should be financing without the PP that would give the PP purchasures a lot of control.
Time will tell if my little purchase before take off  was the correct decision.You know that Risk/Reward thing. DYDD
<< Previous
Bullboard Posts
Next >>