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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 > Zimtu finally reported their share dump on SEDI
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Post by hdawgz1 on Dec 15, 2020 3:35pm

Zimtu finally reported their share dump on SEDI

3 transactions of 949000 = 2847000 shares total sold by Zimtu @ $.3501 for a total sale value of almost $1 million.

Now why exactly would Zimtu dump 2847000 ZAIR shares at 35 cents on Dec.11th when just around the corner on Dec.21st Zinc8 is about to reveal their shiny new tech at Surrey House?

The pumpers are all telling us that this is going to skyrocket the share price possibly over $1 but yet Zinc8's largest shareholder, financial backer and chief promoter Zimtu is dumping shares.  Things that should make you go hmmmmm!    Why would they do this?  Do they have inside information that the tech is going to be delayed or is not going to work as promoted?  Maybe an interested shareholder will ask this question at the AGM.

Wake up folks.  Beware the Zimtu effect.
Comment by allenjames on Dec 16, 2020 3:18am
hdawgz1:  You are a day trader with a day trader mentality. You are evil and see,evil every where. Your motives are suspect and you see suspect motives every where.  Yes !!! Zimtu sold shares and this has been done in the past. In the past Zimtu has reinvested the money received from share sale. I take, the large sale by Zimtu, to mean that a PP is coming. Surprise !!! Surprise !!! GOOD ...more  
Comment by hdawgz1 on Dec 16, 2020 8:04am
Allenjames - thanks for describing how a pump and dump works.  Zimtu buys into stocks at low prices - pumps the sh!t out of them via their own fake marketing arm Rockstone - sells at or near cycle highs then buys back in on the next private placement at deeply discounted prices.  Rinse and repeat.  The pump and dump will eventually come to an end with Zimtu dumping all of their ...more  
Comment by allenjames on Dec 16, 2020 11:54am
hdawgz1: You have to look at the full picture, not just part. We have yet to see the picture you paint and it, at this point in time, is not true.  MGX M was a company which Zimtu invested and still holds a large amount of shares.  Where is the dump in that company's cycle.  In a word hdawgz1, You can miss read the facts all you want, but results in the end will show every ...more  
Comment by hdawgz1 on Dec 16, 2020 12:04pm
Well allenjames it looks like we sort of agree.  Results will show the full picture.  So far zero actual results but somehow magically the stock spiked.  Surrey House is supposed to be the first actual proof of any sort of results and you and I both know this is going to be a dismal failure and actual commissioning of this system may never actually happen.  You and Ronny will ...more  
Comment by Right80% on Dec 17, 2020 9:04am
Zimtu selling shares was all by design. Infact I purchased a portion of them through an arrangement to postion a few new institutions and investors. Also for the Surrey house I have been there. I get you're disgruntled but you are too far out of the know to actuualy know what is happening. Sell your stock and move on. 
Comment by hdawgz1 on Dec 17, 2020 10:41am
Right80% - I hope whomever you are telling to sell their stock and move on listens to you so that they at least get somewhere around 40 cents for this cr@p rather than the 5 or 6 cents it is actually worth. Good luck!  Beware the Zimtu effect!
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