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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 > Non-confidence from insiders -$54K of $15Million PP
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Post by hdawgz1 on Feb 26, 2021 10:08am

Non-confidence from insiders -$54K of $15Million PP

Wow - if the insiders in totality were only willing to put up $54000 dollars of their money it does not portray a lot of confidence in Zinc8.  I hope that is not it for the insider monies put towards the private placement.   Pretty pathetic if it is.

Beware the pump and dump and the Zimtu/Incite effect.  I wouldn't be surprised to see a whole new onslaught of paid PR and hyped up promotion with these new monies.   On the flip side will we see any actual progress and will we ever see an actual working product?

I still do not understand why they cannot simply go to Surrey House and at least open up the SeaCan to show investors a whole bunch of pics and video of the magic that is just waiting on Surrey House construction.  Seems like a simple ask that would cost the company practically nothing as they could throw it up on their website for all to see or more maybe have 5 minutes of the next Zoom with Zimtu meeting to show it off.

The fact they have not yet shown us the product inside the SeaCan nor shown any semblance of a working prototype to date tells me that they do not have it.  Ron MacDonald, where are you?  Are you out selling and marketing a product you don't have?
Comment by allenjames on Feb 26, 2021 11:22am
hdawgz1:  The PP was filled very quickly, which indicates it was pre sold. Private investors had their orders reduced as the PP was instantly over subscribed.  For this reason small purchases by insiders would seem to be a normal result.  Insiders pushing infront of qualified investors does not seem like a good idea.   We will see who the big investors are when the Sedar ...more  
Comment by DavidelZorro on Feb 26, 2021 4:19pm
Cannot wait to see who these new investors are!
Comment by DavidelZorro on Feb 26, 2021 1:09pm
Certainly the private placement investors must be very silly. Hdawgz1 go run and warn them! Lol
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