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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 > Settlement Agreement with Market One Media Group Inc
View:
Post by allenjames on Jun 07, 2021 9:22pm

Settlement Agreement with Market One Media Group Inc

To read the full news release, go to the rate and reply page and click on the live link:

https---www.accesswire.com-650734-Zinc8-Energy-Solutions-Announces-Settlement-Agreement

GOOD LUCK TO ALL INVESTORS.
Comment by hdawgz1 on Jun 07, 2021 9:41pm
The only good news here is that Market One has accepted this lame settlement of shares that take 4 months and 1 day to vest at which time they will be more or less worthless.   Wonder exactly what it was that Market One provided in terms of paid promotion that they did not get paid for that Zinc8 is now having to settle for?  I guess Market One figured that accepting this share deal ...more  
Comment by allenjames on Jun 08, 2021 10:24am
hdawgz1: Yes  !!!  This settlement is good news.  It appears that Market one Media Group Inc has faith in Zinc8.  They settled for 1/4 what they were asking and must feel they will be rewarded when Zinc8 has become more successful and the share price goes up and they can trade their shares. GOOD LUCK TO ALL INVESTORS.
Comment by hdawgz1 on Jun 08, 2021 10:30am
They settled because they know Zinc8 is actually worthless and cannot pay their bills so they opted for the something is better than nothing and the only thing Zinc8 can offer them is shares but of course due to securities regulations they can not just hand them shares so they have to wait the appropriate hold period. There are still 2 more lawsuits on the books to be settled.  I wonder who ...more  
Comment by allenjames on Jun 08, 2021 10:56am
hdawgz1: Actually Zinc8 has cash in the bank having recently raised over 15 Million CDN. Zinc8 at the present time is well capitalized.  They may need more capital before profitability but they are in good shape now.  There is no such thing as a strategy of not paying bills for anyone including publicly traded companies. The hold period on issued securities is an optional offering or ...more  
Comment by nineply on Jun 08, 2021 11:31am
and how much of the $15m is Zinc8 going to spend on promotion, consulting, and executive compensation ?
Comment by allenjames on Jun 08, 2021 12:51pm
Nineply: Zinc8 will probably not spend enough on promotion, consulting, and compensation. GOOD LUCK TO ALL INVESTORS.
Comment by nineply on Jun 08, 2021 1:55pm
Zinc8 won't spend enough? lol 
Comment by allenjames on Jun 08, 2021 2:34pm
nineply: Ron appears to be a pennie pincher and goes cheap maybe too much.  Zinc8 has a history of paying contractors and consultants with options, warrents and shares. Promotion is harder to pay for with shares but Ron has just done it. This way of operating a business requires special skills and Mr. Ron MacDonald appears to have the skills and success. GOOD LUCK TO ALL INVESTORS.
Comment by hdawgz1 on Jun 08, 2021 6:45pm
Nah, Ron is just a puppet ex-politician climate change zealot who will do and say whatever his puppet masters tell him to do.  He has no business being CEO and has never run a successful business in his life and failed miserably at American Vanadium pumping a similar BS story to that which he is trying to pump at Zinc8. Zinc8 itself has been a miserable failure from its inception at Teck and ...more  
Comment by allenjames on Jun 09, 2021 8:23am
hdawgz1: (Shady at best)  statement from you. LOL LOL LOL  GOOD LUCK TO ALL INVESTORS.
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