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Gold/Mining/Energy : Zentek Ltd - ZEN
ZEN.V 0.970-2.0%3:59 PM EST
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To: Bentonstocks who wrote (10036)9/23/2020 2:10:22 PM
From: Steakhouse5 Recommendations

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Benton - Called an old Rep friend who has worked for 3M in their Paint Sundries Division for the past 30 years. Asked him about face masks and other air filtration products. He said the face mask business is very small compared to the other air filtration markets (ships, planes, office blds, schools,hospitals, residential, etc) which is massive in North America. Multiply that many times for the World wide markets.

He said 3M does not even come close to supplying all these markets all these products. Many players from small to big. I asked him if he ever heard of ZEN or Graphene and no to ZEN and he has heard of Graphene but did not know much about it.

I told him what ZEN was doing with their products with Covid Masks and he told me that even if 3M tested ZEN's product and it worked better than any other product they would not use it at this time. Supply Chain is critical to 3M when they introduce a new product or product line. The Supply Chain Contract with a vendor is written with severe monetary penalties for non performance. That is how the big boys operate. ZEN is not their yet with supplies.

That being said many of the other players in these markets are always looking for a competitive advantage and they would be the companies for ZEN to go after or they would go after ZEN.

Supplying product will be the next big hurdle for ZEN to jump over. They have 5 million grams with the ability to get another 50 million grams this Winter. After that who knows.

Steakhouse

P.S. - I think he might purchase of few shares of ZEN as he was intrigued by their story.
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