Emerging Graphene Technology Company

Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications

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Message: Re: Try this one on....
3
Dec 30, 2014 12:20AM

Season's Greetings, Mr Sum et al --

I am unfortunately not in possession of a magical crystal ball, but at this point given everything I have witnessed thus far, I feel it far more likely that a scenario closer to the $5.00 area may eventually unfold rather than these overly ambitious $20.00/share buy-out bonanza dreams that some have been trumpeting on this and other forums. In my probably jaded view, such proclamations and prognostications are surely pure fantasy.

Given current market conditions/market manipulation/market criminality/etc, I have zero faith ZEN will ever see full value for its assets. Especially more so if it continues to trade on the Venture Exchange, which is effectively a broken market system abused and manipulated to such a point that I would be very surprised to ever see it recover.

I also feel it important to suggest that while Mr Eveleigh may personally be in control of some 5 million shares, he is (and likely will be imho) a "price-taker" just like anybody else at the end of the day.

We witnessed something similar a few years back when Mr Neil Novak eventually relented and sold off SPQ at a price that saw many individuals shrieking in anger and disbelief and in postal fits of rage.

Mr Novak wasn't interested in sticking his neck out on the line and risking what he surely had in the bag for a few extra dimes in the final buyout price. He chose security over greed, and today, I highly doubt that he somehow regrets his decision to sell at the price he did, especially considering that not a single pound of chromite has been pulled out of the ground yet.

As we move into 2015, I would not be at all suprised to see human nature and perceived market demand for this resource to force Mr Eveleigh and colleagues to likely follow a similar path to Mr Novak's.

Even a $3.00 buyout would be more than enough to buy Mr Eveleigh a modestly sized yacht and a generously sized retirement villa anywhere in the Caribbean he pleases.

I sincerely hope I am proven wrong, and would love to see a blue-sky buyout price, but I see no plausible business or ethical reason why any prospective buyer would step in to take Albany for many multiples of what the current depressed share price is just to be nice to us, even after a PEA is released. Unless a bidding war is ignited, of course, in which case, who knows where this could ultimately end up.

But at this juncture, I would honestly be dancing in the streets should a surpise $5.00 buyout price be announced because where the current share price stands is nowhere near that figure and I am quite frankly tired of waiting for the final end game, as I suspect many other are as well.

I wish everyone a happy, healthy and hopefully prosperous new year.

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Dec 30, 2014 09:08AM
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