International Zeolite Corp V.IZ

Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed

[dart321]

Yup nov 21st has come and gone and yet not a peep out of the company about the loan from CoTec. Guess they couldn't pay them back, there was no announcement of another financing, zipo nothing. So

[dart321]

When a CEO loans money to his company he usually pays it off when the next financing is done. We see this company has had over 15 financing since he loaned this company money and has never paid any of

[phantom666]

was due November 21st for approximately $355,000. Was it extended? Plus the interest on the convertible debentures owed to Ray keep piling up. IMO that total is around the $1.5 million mark by now. If

[phantom666]

say? I see about 70,000 sold on Wednesday. Was that for interest? Lol

[dart321]

down to 0.005 cents by years end? Big tax loss selling? Will it stay listed? Will he stay as CEO or will he step down? Will he be able to finance enough to keep the doors open? Only time will tell how

[Jonathon Brown]

A highlight of the week was Bombardier (TSX:BBD), which reported impressive growth in its Q3 2024 results. read article.

[dart321]

thought it was 6 bucks a ton, nomatter it's peanuts for the value the partner is getting selling zeolite products. Like I said over and over again it's not the zeolite it's sold world wide

[phantom666]

why not tell the facts that PLAN is a 31% partner on that property who does all the work and pays a royalty of $4.50 per tonne removed!

[SlickRick2]

They had a contract with another company that has been extracting from their property. There are other Zeolte miners, but this is the best play. Nearea has huge, huge potential. This is a great value

[Red~One]

Is this company actively mining Zeolites and are there any other Zeolite miners??

[SlickRick2]

Sad to see him go, but really thought he would have had a more of an impact here. 

[SlickRick2]

CoTec would invest in IZ if they could. They said they're still watching the company and I'm sure the second they can, they will. They'd only pull the plug if Ray brought you on board :P

[dart321]

It's to bad, this could have been something special. Zeolite is used far and wide for many things and shareholders would have made piles of money if you had worked with people and let them do

[dart321]

Ray, I guess this means CoTec will own all the assets of this company in 9 days Ray, 9 days and your loans to the company with the massive built up interest over the decaids will be worthless and your

[phantom666]

And CoTec come collecting? On November 22, 2022, the Company and CoTec Holdings Corp signed a financing agreement to make an investment in the Company to support its go-to-market activities in the

[phantom666]

On January 2, 2024, the Company signed a loan agreement with Royal Bank to refinance the CEBA loan.($40,000) The term loan is subject to an interest rate of 2.34% plus Prime Rate for a maximum period