Zentek Ltd - ZEN Message Board

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Gold/Mining/Energy : Zentek Ltd - ZEN

ZEN.V 1.700

+5.6%

Sep 28 4:00 PM EDT

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From: blake2	8/9/2022 1:57:51 PM
	of 16559

Now that Trebor is in receivership what income streams do Zen have? If the mine sells will they now hold the money and not release it to shareholders. I certainly believe they have great product line but they seem to run into brick walls every time they seem to get ahead. The last financials showed $48000 in revenue and that was for 3 months. They have to get more revenue or they will be going the same place Trebor. Trebor may get out of receivership but don't count on it. Management also reported incorrect financials which showed more revenue than was actually made. They reported grants from the Gov't as revenue indicating that there sales were higher than they actually were. What happened there? That is just shoddy accounting and we the shareholders are paying for it know. I have never owned a company that didn't report when there financials were being released until I bought this stock. This is not a private company,they should report at least when they are released.

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