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Pastimes : Zenyatta Free Speech Board -- Ignore unavailable to you. Want to Upgrade?


To: Fact Czecher who wrote (22637)11/20/2018 4:29:45 PM
From: stuffbug  Respond to of 22811
 
FC, share price weakness likely has something to do with the recently announced shares for debt agreement. Small business owners have bills and mortgages to pay and monthly expenses. Don't think they are interested in being long term Zenyatta investors.
Shares for Debt Agreements

Zenyatta also announces that, subject to approval of the TSX Venture Exchange ("TSXV"), it has entered into agreements to issue shares to settle an aggregate amount of $214,989.53 owed to certain trade creditors. The Company will be issuing 477,755 Common Shares at a deemed price of $0.45 per common share in settlement of the above-noted amount.

I suggest Zenyatt investors read the last 2 sets of financial statements, the March 31st 2018 annual audited and the 2019 Q1 interim. In particular, review the section on Commitments and Contingencies, subsection c, Employee Agreements.

Annual Statement - why does the paragraph referring to AE not include the terms of the new agreement, as noted by the company in an April press release?

Q1: zippo on the AE contract - what's the status, is there a dispute or is Zenyatta just going to pay AE $825k ($75k every 6 months for the next 5 1/2 years)? The contract value is material information and is required to be included in the financial statements.



To: Fact Czecher who wrote (22637)11/20/2018 7:32:57 PM
From: Fact Czecher  Read Replies (1) | Respond to of 22811
 
The last time (before today) ZEN closed below $0.40 was on September 20, 2012.

That was 2,252 days ago in the early days of AE 's promotion that took ZEN all the way up to an all-time high of $5.00 on July 26, 2013.

ZEN's IPO was on Dec 23. 2010 - It opened at $0.65 and closed at $0.61.

Today ZEN closed at $0.375 - Down over 38% from the Day 1 IPO close.

ZEN is worth considerably less today because the investment community realizes it was all speculation and hype from 2010 to mid 2013.

Promotion, not management was AE's forte. ZEN's SP started to drop precipitously as soon as it had to start publishing 3rd party data (RE and PEA) - not their in-housecherry-picked results and data

ZEN's SP was holding steady at $1.00 for 3 calendar quarters before ZEN caught the deadly Yellow Plague.

Since then things have gotten progressively worse and it appears the disease may be fatal.

Do any of the flock believe that anyone will contribute to the still open $0.45 PP while ZEN is trading in the $0.35 - $0.40 or the soon to be seen $0.30 - $0.35 range?

The ZEN supporters that are also CCB bashers have been very critical of Bruce Duncan. - They have manufactured "facts" and twisted "truths" in an attempt to make him look bad.

No such mendacity or manipulation or is needed to shine a light on Choo-Choo's total and utter failure as a CEO.

He has been able to fool the flock for years - The targeted investors for the failed PP ("large shareholders, several brokerage houses and a company in Europe") are not so gullible.

But this is not a surprise to the ZEN "bashers" like me (and others) who predicted it from the moment Team Yellow publicly revealed itself and announced their plans and "vision" for ZEN. WE TOLD YOU SO!

It is time for the flock to pull their heads out of the sand, remove the blinders and the rose colored glasses and demand answers.

Unfortunately it may be too late and a waste of time - Choo-Choo will probably not respond.

Choo-Choo??