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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 postie1on Feb 15, 2024 11:20am
223 Views
Post# 35881921

Pretty smooth

Pretty smoothThese guys and their buddies will have pretty much complete control of this company after the PP that was announced yesterday is complete. The question is, will these people force minor shareholders out and take it completely private?  Remember what Ron said about should have been private.  On the other hand it is good to see them and their buddies spending their own money because to me(IMO) it says there is something to this tech and those people that came back on board did so for a reason.

Another question I have is that it was going to take 68 million before ABND has decided to become some type of build and lease company, how much more will be needed to do this current plan of build and lease  since ABND will own those batteries? Remember the money flow will be over time and money will still be needed to do daily operations.
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