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ZENN Motor is at a “breakthrough” moment, says Paradigm Capital

ZENN Motor

ZENN Motor Data released in December indicates that energy storage technology player EEStor’s composition modified barium titanate (CMBT) powder has the potential to be disruptive, and with a 71% interest in EEStor, ZENN Motor (ZENN Motor Stock Quote, Chart, News: TSXV:ZNN) is well positioned, says Paradigm Capital analyst J. Marvin Wolff.

On Wednesday, ZENN reported its fourth quarter and fiscal 2014 results. The company lost $2,601,207 in 2014, $735,986 of which came in the fourth quarter. Wolff says this Q4 $0.01 a share loss was in line with his expectation of a $0.02 per share loss.

The Paradigm analyst thinks that with a recent raise, ZENN has enough capital to last through Q2, 2015. Importantly, he says data released on EEStor in December will help the company going forward. He says the independent reports confirmed that EEStor can provide physically smaller solutions that have the same charge capacity at much higher voltages than is currently available.

“This is the “breakthrough” moment for EEStor as it now can pursue commercial partnerships,” said Wolff. “ZENN remains the only public vehicle exposure to EEStor and its unique energy storage technology potential.”

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Wolff notes that one of the four independent reports on the testing of the EEStor capacitor technology suggested that the market is substantial. The Paumanok Publications report, entitled “EEstor Capacitor Technology: Opportunities in the Global Capacitor Market: 2014” says EEStor has an addressable market of more than $2.8B in the field of high-voltage capacitors.

In a research update to clients Friday, Wolff maintained his “Buy” rating and target on ZENN Motor, implying a return of 344% at the time of publication.

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About The Author /

Cantech Letter founder and editor Nick Waddell has lived in five Canadian provinces and is proud of his country's often overlooked contributions to the world of science and technology. Waddell takes a regular shift on the Canadian media circuit, making appearances on CTV, CBC and BNN, and contributing to publications such as Canadian Business and Business Insider.

Comment

  1. I wouldn’t be proud if I was you for peddling EEstor’s fraudulent “disruptive” LIES.
    A few years ago Richard Weir and his enablers were peddling the story EEstor had a “disruptive” eesu which was going to put lithium ion battery companies out of business. Paradigm leaked a conference call which was used for a massive pump and dump based on Richard Weir stating he was ahead of schedule assembling eesus for delivery to Zenn, how did that “disruptive” technology turn out powering the CityZenn?
    http://www.4all.com/uploads/DW_Confcall_jun2009.mp3

    Nick Waddell, if you are interested in the truth about EEstor’s science, why don’t you interview Mr. Dave Evans of Evans capacitor whose company manufactures military grade capacitors. Mr. Evans tested EEstor’s “disruptive” capacitors and found nothing, nada, zero value of the capacitors from EEstor! Zenn and EEstor refused to publish Evans’ test results.

  2. Evan’s test results are irrelevant with respect to the latest results from multiple testers.

  3. Dave Evans was there to take a peak at the goodies as a supplier to the military I suspect.Intertek has provided us with a testing report which has verified there are goodies.

  4. Still hoping the mythical EEStor will come to market, but won’t be holding my breath. Been following EEStor for more years than I can remember. Will believe it when I can buy one.

  5. It looks Zenn has shelved its EESU storage unit for now. But it wants to manufacture electrolytic capacitors and it can do so much cheaper because its dielectric is dry and not a liquid like conventional electrolytic capacitors. Zenn will be able to make their capacitors much cheaper because it does not require a water proof enclosure. Their initial testing on their capacitors proved adequate for electrical systems and this is a $3 billion market. If they can get their act together and the product out the door, then they will be profitable. Once their prove themselves in the marketplace with their capacitors, they will likely be a buyout candidate like so many other Canadian companies. If you are willing to look 3-5 years down the road, I’d say Zenn has a 50:50 chance of accomplishing it. This is not a pipe dream like their EESU. Their capacitors have been tested and shown to work. Certainly more testing is needed, but there is still hope for Zenn in this new market they seem to have stumbled upon.

  6. Dave Evans is relevant in the capacitor industry. Richard Weir is irrelevant in the capacitor industry because of his reputation.

  7. You should buy some ESU stock below CAD$ 0.3 while you can. This stock could be worth a lot of they get the leakage down.

  8. Today is 07-Aug-2016, ESU SP price is CAD$ 0.27 per share. In two years it could be 50 to 100 times higher. Buy while soon before it is too late

  9. They are working on both the cap and working to lower the leakage with a new polymers team. If EEStor can lower the leakage then the EESU will be back.

  10. Nick, It is about time to give this article an update. EEStor raised money and is back at work. More patents are written and ready to go….
    Buy some ESU stock while it is cheap.

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