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Bullboard - Stock Discussion Forum Zentek Ltd V.ZEN

Alternate Symbol(s):  ZTEK

Zentek Ltd. is a Canada-based graphene technology company. The principal business of the Company is to develop opportunities in the graphene and related nano-materials industry based on its intellectual property, patents and unique Albany graphite. The Company is focused on the research, development, and commercialization of graphene-based products. The Company's technology helps filter and... see more

TSXV:ZEN - Post Discussion

Zentek Ltd > Whoa!
View:
Post by Ridgeback on Mar 09, 2022 8:45am

Whoa!

I don't think this will hold until open. Taken from TD site for bids and asks.

  • Bid / Lots
    1.0000/ 1,069
  • Ask / Lots
    1.0000/ 1,442
Comment by powder1 on Mar 09, 2022 9:01am
these asks are probably either panic sellers or part of the 3 million short sellers.
Comment by Sangneuf019 on Mar 09, 2022 9:20am
Don't forget people. This is a short report operation. The shorts are playing their cards right now. The merit of their claim needs to be answered, but at the moment, the shorts are trying to make holders panic. Don't forget that!!! GLTA
Comment by Ridgeback on Mar 09, 2022 9:42am
My take on this is the legal issues won't end anytime soon. Look at the other company website. Very similar products and they have many other products.  This legal patent issue will go on for months and no one likes lawyers beating down the share price casting doubts. Lots to loose here for the company and investors. Good Luck!
Comment by tturner617 on Mar 09, 2022 10:20am
What issues, GC's Pat filing was BUSTED on Apr 27, 2021.  1h2g4ip-2021-04-27 - Examiner Requisition .pdf (cdn-ceo-ca.s3.amazonaws.com)
Comment by IMB on Mar 09, 2022 10:28am
well you were right it didn't hold at 1.00.
Comment by Ridgeback on Mar 09, 2022 12:28pm
The issues are there even though Zen has done their IP correctly the other company will still push it and as long as the legal firm thinks there is a chance to win something, they will try to prove the moon is made of cheese. Someone has deep pockets and for now the share price will or may be under strss no matter how good the news.. It sucks for now, perhaps a big payback for Zen down the road.
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