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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 > mail from santa .... 🎁
View:
Post by schelbibbes on Dec 25, 2019 3:10pm

mail from santa .... 🎁

.... last year!

https://zecotek.com/2018/11/14/zecotek-reports-on-strategic-review-and-announces-management-and-board-changes/

"I am very confident that the new autonomous divisions and dedicated management teams will have greater focus and be more efficient at translating the large number of opportunities into revenues,” said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek Photonics Inc. “To strengthen existing shareholder value, we are pursuing financing opportunities at the divisional level with much higher valuations. I believe the new corporate structure is in the best interest of current shareholders and will ensure the longterm success at bringing our portfolio of patented photonic technologies to market in China and around the world.

Zecotek Autotronics Systems Ltd. (“ZAS”), is also initiating a financing round to complete its patented 3D display, specifically designed as an automobile console for telemetry and entertainment at the request of four world leading car manufacturers. The final 3D display product will have applications in the consumer electronics markets. The funds raised will also be used to integrate a LIDAR module for self-driven vehicles and machinery at the request of the same car producers."
 

the big question is lies or stupidity???

Comment by Pandora on Dec 25, 2019 5:00pm
Lies on their part? and thus stupidity on our part for accepting the stories? This was the CEO's quote: “To strengthen existing shareholder value, we are pursuing financing opportunities at the divisional level with much higher valuations." That was November of 2018 which is when they then announced a restructuring and went into a dark abyss only to come out 13 months later saying they ...more  
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