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Pastimes : Zenyatta Free Speech Board

ZEN 77.48

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Nov 21 4:00 PM EST

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From: Fact Czecher	12/12/2017 1:53:18 PM
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3 Observations: I see that the Zenyatta website has been updated to include Brett Richards with photo and bio. What possible reason can there be for not deleting the Mara info at the same time. She is still listed as the VP Corporate Communications & Investor Relations. She hasn't worked for ZEN since August. (She now works for Precision Development Corp) You don't suppose they are attempting to deceive potential off-shore PP subscribers into believing that they are a "bona-fide" investment with a staffed up IR dep't - Do you? ZEN is broke. - Barry Allan sits on the BOD. He is the "Managing Director and Mining Analyst at Laurentian Bank Securities in Toronto". He was previously the Vice Chairman of Mining at Mackie Research Capital. In other words he is "connected" to people and firms who have access to, and control over, institutional and retail funding for junior explorers. Surely that is the reason for his presence on the BOD. Why has he not used his position and/or his contacts to successfully obtain institutional funding at any point in the last 4 years? He is in a position that allows him to "know" exactly what ZEN is worth. Why is Laurentian not recommending ZEN as an investment to its retail clients? (I KNOW they are not) His only known effort at obtaining financing was the well publicized, failed, attempt to pitch an $0.80 PP to the regulars at Red's Tavern in the spring of 2016. What is his value as a member of BOD if he can't utilize his position and/or contacts to benefit ZEN shareholders. ZEN is trying to raise 1 million dollars through a proposed $0.65 PP. (they will probably have to be satisfied with mid fifties IF they are successful) Even the most ardent members of the ZEN faithful can figure out that this is only enough to zero out the overdue current liabilities and fund AE's lifestyle until they are broke again in Feb or Mar 2018. That is less than 4 months from now. IF they obtain this financing, they will be back begging in Feb (probably in the $0.45 - $0.50 range). Combine that knowledge with the facts that Jordan's report is being withheld and that there is no attempt to fund EA & Hydrology studies, and you cannot help but wonder if ZEN will still be around at the end of 2018. I would be happy to discuss/debate any of the above with anyone who disagrees with my observations and conclusions if they can manage to stay on subject.

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