Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Zecotek Photonics Inc ZMSPF

Zecotek Photonics Inc is in the business of research and development of photonics technologies. The company is focused on creating advanced materials and integrated optoelectronic devices for high-resolution medical imaging, optical precision surgery, and biopharmaceutical research. It operates in three divisions which include Imaging systems, Optronics systems, and 3D display systems with labs... see more

GREY:ZMSPF - Post Discussion

Zecotek Photonics Inc > Convoluted Mess
View:
Post by savyroller on Dec 21, 2019 12:44pm

Convoluted Mess

I have read this over 3 times and it gets more confusing each time. I will have to have my lawyer take a look at it, but it looks like we got the shaft.Over a year we were left in complete darkness to let the share price fall to 1 cent and now have a 40 to 1 consolidation and then be left with shares in some other company we know nothing about. Where is that 100 million $ valuation they had on the company before this destructuring took place.? Where are all the patents being held that were   always being strengthened at a considerable cost to shareholders.We all know the answer to that.

I have lost a very large sum of money believing in the BS they were flogging at us, for it to come down to this. I hope I have read this so called restructuring wrong, but I dont think so.
Comment by Pandora on Dec 21, 2019 1:35pm
It seems strange that Faouzi became a major part of the Birdview company back in 2017 and now he keeps all of the ZMS technology and passes a little handful of some software company over to us. Is this a plan that was fashioned 2+ years ago? I invested in Zecotek over 4 years ago because of the MRI technology and the display technology and now I end up with a two bit software outfit that has no ...more  
Comment by Pandora on Dec 21, 2019 1:50pm
https://www.owler.com/company/birdviewinsight
Comment by Pandora on Dec 21, 2019 2:06pm
This site suggests that Birdview was established as a private corporation back in 2017 but as a "subsidiary" of Zecotek. Does anyone remember seeing anything in an MD&A suggesting Zecotek had invested in a private start up company? If they did, would there not be a requirement for this information to be disclosed to shareholders? Maybe it was, and I just paid no attention at the ...more  
Comment by Pandora on Dec 21, 2019 2:57pm
From the press release it says Birdview will, in effect, take over the remains of Zecotek in a reverse transaction whereby Zecotek will issue 38M post consolidation shares to the "shareholders" of Birdview: "Pursuant to the letter of agreement, it is proposed that Zecotek will acquire 100% of the outstanding shares of BirdView by issuing approximately 38 million post-consolidation ...more  
Comment by Pandora on Dec 21, 2019 11:49pm
One thing about talking mostly to yourself on here is that it gives you a chance to go back and correct your blatherings without it being interrupted by other comments. My last post I was using 38 million as the total number of shares after consolidation but now that I go back and read the news release again (and get more confused) I realize the wording is: "Pursuant to the letter of ...more  
Comment by Teclis on Dec 22, 2019 3:09am
Hi Pandora as soon as I get answers from my network or/and IR I keep you updated. Regards and merry Christmas for you and your family... Regards from Germany Tec
Comment by Pandora on Dec 23, 2019 12:07am
Hi Teclis, Thanks very much for the holiday cheer. Wishing you and yours a Merry Xmas and Happy New Year and all the best for 2020. P.
Comment by schelbibbes on Dec 23, 2019 3:20am
  it is with full intent that the shareholders do not understand anything so that they smile and nod their expropriation. ^^  
Comment by Pandora on Dec 23, 2019 9:35pm
So presumably according to the news release below ZMS does not "remain halted" it "remains suspended". That's as hokey as the original news release itself.   Zecotek Photonics correction   2019-12-23 17:22 ET - Correction   Further to the TSX Venture Exchange bulletin dated Dec. 20, 2019, the erroneous remain halted bulletin was sent from the ...more  
Comment by Pandora on Dec 28, 2019 11:37am
It would sure be nice to hear what Michael Minder, former CFO, has to say about this whole set up. He was 'fired' when they went into reorg mode back in 2018 after buying some shares not that long prior to that event. Possibly he sold his shares as he went out the door. We should have done the same. Hindsight is great. He was always inclined to defend Faouzi but I'm not sure if his ...more  
Comment by maestro1 on Dec 28, 2019 11:39am
He will be called to appear in court!
Comment by savyroller on Dec 28, 2019 3:33pm
You know the thing is,  after all of this we still dont even know if zecotek even has this technology they have been pumping, or that is a hoax in itself ???? Or do they have it, and this was all a master plan to take it all away in the end, with this so called,"restructuring" Talk about hind sight, I was told be some one yesterday, to join the long line up of investors that have ...more  
Comment by maestro1 on Dec 28, 2019 3:57pm
He is being summoned to testify against Zerrouk!
Comment by schelbibbes on Dec 28, 2019 5:36pm
minder was part of the system. Look at all the other fake companies he was involved. He is laughing about us, believe it!    
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities