Zecotek Photonics Inc ZMSPF

More exciting news :-))

[Pandora]

 

Zecotek Photonics downgraded to NEX

 

2021-01-25 17:58 ET - Symbol Change

 

In accordance with TSX Venture Exchange Policy 2.5, Zecotek Photonics Inc. has not maintained the requirements for a TSX Venture Exchagne Tier 2 company. Therefore, effective at the opening on Wednesday, Jan. 27, 2021, the company's listing will transfer to the NEX, the company's tier classification will change from Tier 2 to the NEX, and the filing and service office will change from Vancouver to the NEX.

As of Jan. 27, 2021, the company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies.

The trading symbol for the company will change from ZMS to ZMS.H. There is no change in the company's name, no change in its Cusip number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture Exchange market.

Further to the exchange bulletin issued Dec. 5, 2019, trading in the shares of the company will remain suspended.

Members are prohibited from trading in the securities of the company during the period of the suspension or until further notice.

© 2021 Canjex Publishing Ltd. All rights reserved.

[Pandora]

Some things never change or at least change very little. The salary tables were just posted on Sedar today for the years 2019 and 2020. Of course the table will not format properly so I have posted it best I can below. You will notice Faouzi's stated compensation for 2019 was $769,399 and for 2020 was a paltry $692.400*. *See the notes following the table data below plus there is 3

[RightAngle45]

Our CEO must be working on something big for us share holders,for paying himself that big salary. We should here something shortly on what he has got for us. As it is the job responsibility of the CEO to bring value to the share holders,not milk it for all its worth. It would be quite concerning if we had been lied to all these years, only to be bilked out of our hard earned money. I know I

[cuculus]

I hope he is working on something big! I invested a large amount as well and i still hope !! i am here since 2013 and is little bit frustrating but who knows ..

[slithey]

I thought I would see whether Wang Holdings had any info on the sale. Sedar has no listing for this company, and a search for ziming wang in BC turns up a recent UVic grad looking for a job as a business analyst. Long past time for them to officially fold the company and let us declare our losses. This was a real company at one time, and their sipm's were reasonably competative. They eve sold

[Pandora]

Too bad Faouzi thought moving operations to China was a good idea. He may have done alright relatively speaking but it sure put the rest of us in the tank. He folded the bird deal, then he folded the horse deal, and now we have no idea what he is up to.

[RightAngle45]

  Does anyone have a clue, as to what Fauzi is up to.  I dont even have a contact any more . What a gong show.....

[Teclis]

Hi no Iam sorry ... I wrote IR team three times but zero answer. I hope they buy anything that they at least start trading again someday to realize losses for future gains balance. I dont give up.hope on that because so he can do PP and get paid again ... I also wait on Annual Statement to get to know whats about patent portfolio but we will see...

[RightAngle45]

Thanks Teclis. Can you send your contact for them.  And if you have a phone number as well would be great.  

[Pandora]

I sent Tim the still posted IR guy an email two weeks ago and have had no response. He has always answered me in the past - so possibly something has changed. Tim is not an employee he is a consultant working on contract so maybe the contract was terminated him. I may look up his regular business and see if I can get a response going that way.

[Pandora]

Had a brief talk with Tim today. He is a partner with an outfit called Incite Capital Markets. He is mostly divorced from Zecotek but says Faouzi is still looking for that venture company that he will be able to invest in and try to bring some kind of life back into his investments. Whether that will result in any recovery for the rest of us shareholders is very questionable. A total screwup with

[Teclis]

Thanks Pandora, yes I got at least also some kind of life sign from [e-mail] saying: thank you for your email. Due to severe cutbacks at the company this email is not regularly monitored. The management team continues to search for a plan of action to get the company back trading again. Zecotek Photonics Inc.