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Bullboard - Stock Discussion Forum International Zeolite Corp V.IZ

Alternate Symbol(s):  IZCFF

International Zeolite Corp. is a vertically integrated industrial minerals company. Its principal business activities are the exploration and development of mineral properties and the development, marketing and sales of industrial commercial products from the production of its properties and the supply of raw materials from third party suppliers. Its segments include exploration and development... see more

TSXV:IZ - Post Discussion

International Zeolite Corp > Zeolite is sold
View:
Post by dart321 on Nov 11, 2024 1:07pm

Zeolite is sold

all over the world and is in somewhat demand. The question must be asked why is this company not in the retail business of selling it's products it says it has? There is only one response to that question and it's the CEO. He will never get financing again, never get his debt paid out unless he takes 5 cents on the dollar. All his debt is compounded interest over 30 years. His shares will be sold for a few cents if he decides to retire. In my opinion he will never sell his paper and never see his debt paid back and the company will close it's doors all because of someone wanting to keep total control over everything.

 It's smart business sense to bring in people that know more than you and let them do their job, the CEO then coordinates the job as a whole but what we see is someone unwilling to do what needs to be done. Oh well another one goes under for no good reason except personal opinions.
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