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Pastimes : Zenyatta Free Speech Board
ZEN 77.480.0%Nov 21 3:00 PM EDT

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To: NuclearCrystals who wrote (22739)12/19/2018 10:42:21 PM
From: Fact Czecher  Read Replies (1) of 22811
 
NC posted (re ZEN Dec 19 NR): "The TSX Venture Exchange has accepted for filing the company's proposal to issue 628,962 shares to settle an aggregate outstanding debt for $298,154.53"

NC - Is there any more obvious demonstration of Team Yellow's inability to mange a Public Company?

This is the 3rd time in 7 months that Chooch and Friends have had to resort to issuing Shares for payment of their debts.

They have now issued over 1,280,000 shares to settle over $600,000 in debts to people or companies who almost certainly expected their goods or services to be paid for with cash.

A company that cannot mange its cash-flow well enough to cover legitimate debts that they willingly incurred can not last.- ZEN is at the edge of the precipice looking into the abyss!

Given ZEN's precarious financial situation, those pricey trips to Texas and England were clearly NOT an appropriate use of Shareholder Funds.

How long will ZEN's beleaguered shareholders put up with this Mickey Mouse Management Group?

Will ZEN's largest Shareholder have to step back in to try to salvage the corporation? Is AE the next "White Knight"?

A Gong Show Run By Clowns!!
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