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Bullboard - Stock Discussion Forum FuelPositive Corp V.NHHH

Alternate Symbol(s):  NHHHF

FuelPositive Corporation is a Canada-based technology company. The Company provides commercially viable and sustainable clean technology solutions. The Company’s approach includes on-farm/on-site, containerized Green Ammonia production system (NH3) production system that eliminates carbon emissions from the production of Green Ammonia. It helps mitigate climate change, addressing unsustainable... see more

TSXV:NHHH - Post Discussion

FuelPositive Corp > As to the fate of the ZENN car.
View:
Post by AUborealis on Jul 05, 2021 9:16pm

As to the fate of the ZENN car.

NOT I. Clifford's fault.

Blame the Liberals under Paul Martin who fouled the nest of regulations and bureaucracy so deep that Transport Canada didn't know which way was up.

It was too late by the time the Harper Team was able to have a look at that Department and have them get their act together.

https://www.cbc.ca/news/canada/electric-car-maker-charges-ottawa-blocking-its-sale-in-canada-1.641357

Not a bad looking city runabout.

https://www.auto123.com/en/news/the-zenn-now-available-in-canada/4254/

https://www.auto123.com/en/car-reviews/2008-zenn-first-impressions/31666/

If anything Ian was ahead of his time with ZENN, and unfortunately he tried to capitalize the business in the weak-knee Canadian Capital markets, where serious investors don't have staying power for longer than 3-6 months, if that. (Don't get me started...)

His foray into the cap's market was an attenmpt to get ahead of the 'range anxiety' stall of the EV industry at the time.

Read on.

At the time the EV market was 'charred landscape'.

Coda Holdings - Bankrupt after making 100 cars
Fisker - laid off 75% of it's workers  

https://www.cantechletter.com/2013/05/who-killed-the-zenn-motors-car0501/
Comment by FedupIan on Jul 06, 2021 9:21am
Bravo.... so what you are saying is that Clifford had good intentions, well you know what they say about the road to hell...yep it's paved with good intentions. Not so fast...Clifford became infamous with his repeated use of the word "imminent". There is a huge divide between publicising that the roll out of the CityZenn (complete with EESU) was imminent  AND there actually ...more  
Comment by GeorgeGorge on Jul 06, 2021 1:48pm
This post has been removed in accordance with Community Policy
Comment by Eric69 on Jul 16, 2021 7:33pm
You want to blame this on Paul Martin.  What are you smoking.  ZENN grew out of Feel Good Cars, who hyped fuel cells and was run by a guy Lynnward Farr.  He had no money and less brains, but a good con man.  When the fuel cell didn't pam out the bought a piece of Eestor, evenually owning it.  You really think Harper would have enabled this hyped up golf cart, that had ...more  
Comment by Fibb22 on Jul 17, 2021 10:13am
Man are you confused. Feel good cars had nothing to do with fuel cells. Also I know this story inside and out and I've never heard of Farr and Marietta. And yes zenn could only sell their cars in the USA due to unfavorable Transport Canada rulings.
Comment by JasonBilly on Jul 17, 2021 10:29am
Martin Marietta's a company not a person. Besides, perhaps my memory is failing but I thought it was Lockheed. Either way their corporate executives always smirked and shuffled in an embarrassed sort of way whilst trying their best not to answer questions about Eestor during annual shareholder meetings.
Comment by JasonBilly on Jul 17, 2021 10:38am
Okay, okay, Lockheed and Martin Marietta merged in 1995, with Lockheed being the senior entity and the full company name Lockheed Martin. Posted just for sake of accuracy.
Comment by Fibb22 on Jul 19, 2021 11:25am
Google "Lockheed Martin signs deal eestor". It was significant. A lot bigger deal than your selective memory and confirmation bias would allow.
Comment by oilersfan on Jul 19, 2021 12:02pm
Can you remind me what ever happened with that big deal with lockheed martin?  Did eestor / Fuel Positive ever recieve any funding or revenue from them?
Comment by Fibb22 on Jul 19, 2021 2:19pm
No, Carl Nelson left and D!ck Weir failed to produce the best milestones.
Comment by Fibb22 on Jul 19, 2021 2:21pm
"necessary" was auto corrected too "best". Necessary milestones
Comment by Benjamin on Jul 28, 2021 3:11am
it's a shame that people only talk to each other from time to time here. It would be nice if this was done regularly.
Comment by JasonBilly on Jul 17, 2021 10:35am
Certainly not a highway vehicle but calling it a glorified golf cart is like the late Rob Ford calling streetcars "trolleys". It might actually have made a good city runabout vehicle which is what most city dwellers use their cars for anyway. That and the fact that Clifford seemed a man of integrity was my rationale for originally investing in Zenn. Yeah, I know, hindsight is 50/50. Much ...more  
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