The impact of Team Yellow on ZEN’s SP, Trading Volume and BOD Quality/Experience.
2017 Quarter 1 - Avg Close - $0.99.......Avg Volume - 36,792 Shares Traded/Day
2017 Quarter 2 - Avg Close - $1.01 ......Avg Volume - 42,589 Shares Traded/Day
2017 Quarter 3 - Avg Close - $1.01.......Avg Volume - 28,170 Shares Traded/Day
Sep 27, 2017 - Team Yellow presented a list of demands which were essentially a Hostile Takeover. Team Yellow and the old BOD members alert their friends - The flock is unaware.
2017 Quarter 4 - Avg Close - $0.74.......Avg Volume - 52,192 Shares Traded/Day
Oct 20, 2017 – Ken Stowe resigns with no announcement/explanation on the ZEN website.
Volume is way up as those in the know start selling which causes a dramatic (26%) decline from the established average quarterly share price of ~$1.00/share
2018 Quarter 1 - Avg Close - $0.65....... Avg Volume – 57,421 Shares Traded/Day
Feb 12, 2018 - Team Yellow's intentions become public knowledge and a Special Meeting of ZEN shareholders is scheduled for May 11th.
Volume stays up and SP continues to drop
2018 Quarter 2 - Avg Close - $0.55....... Avg Volume – 40,354 Shares Traded/Day
May 11, 2018 - AE, Sean Whiteford, Barry Allan and Keith Morrisson are removed as Directors
May 11, 2018 – Dr Chahar Resigns from VP Marketing position
May 15, 2018 – Tom Mustapic Resigns from CFO position
May 30, 2018 – Brett Richards resigns from Chairman of the Board and Director positions.
Volume declines and SP continues to drop
2018 Quarter 3 to date - Avg Close - $0.53...... Avg Volume - 21,785 Shares Traded/Day
July 10, 2018 – Brian Davey resigns from Director and First Nations Liaison positions
July 16, 2018 - Team Yellow abandons GREEN, Clean-Tech, Proprietary, Patentable Caustic Process, and High Purity - Embraces Hydrofluoric ACID, Ammonia and Hydrochloric ACID process
Aug 28, 2018 – AE is gone from the Presidents position with no announcement/explanation on the ZEN website.
Volume dries up and SP may be stabilizing at about half of what it was before anyone heard of Team Yellow.
Peter Wood and James Jordan are the only ones left from the $1/share days.
You can rightly question AE's competence as a manager, but under his watch, ZEN maintained an average share price of a dollar for the nine months before Team Yellow raised its ugly head at the 2017 AGM.
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