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Bullboard - Stock Discussion Forum 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... see more

CSE:ABND - Post Discussion

Abound Energy Inc > Why did this run up happen !!!
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Post by allenjames on Dec 08, 2020 10:35pm

Why did this run up happen !!!

Investors believe the inclusion in a grant and mentor program ensures success.  First comes the mentoring.  If Zinc8 does not implement all the advice of the mentors, no financial funding will occur. Being included in the program is the first step. and the final step of financial support will come 2 to 5 years later.  This is going to be a situation where the patient investors take money from the impatient who expect results in the short term. If you look at the build out time lines by Mr MacDonald you will see he has laid out the time line that I have stated.

The battery in the house at Surrey is to be delivered to the job site in the very late December Period. The situation at that point is, the battery will have landed on the construction pad. The bulding to contain the battery will be built around the container.  This is a very stylist bulding and a naked Container on the  site will just not happen.  The infistructure hook up of the battery in a meaningful manner will then take place.  This may take up to 6 months and is open ended. This house is of novel, untested construction methods and will proceed very slowly. This is not a high end tract house pushed up in a short period of time.  

In a word the run up happened as a result of investors thinking the time frame to success will be much shorter than what I think.  I have been wrong before and maybe wrong this time, but I find it prudent to invest the same way I get my car repaired. If the shop says one day I allow 2 days for the repair lto be done. This way I have planned for a delay and make sure I do not need the car for 2 days.Just the way I do things. I also do not get up set with delays and call the shop management liars when delays occur.

GOOD LUCK TO ALL INVESTORS.
Comment by nineply on Dec 09, 2020 5:13am
I have been wrong before and maybe wrong this time words of wisdom from AJ
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