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Last C$0.48 CAD
Change Today +0.015 / 3.23%
Volume 5.0K
As of 9:03 AM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

zenn motor co inc (ZNN) Snapshot

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12/18/14 - C$0.83
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zenn motor co inc (ZNN) Details

ZENN Motor Company Inc., an early stage company, focuses on providing energy storage solutions and related technologies to the automotive industry. The company has a technology agreement with EEStor, Inc. that offers certain exclusive and non-exclusive rights to purchase and deploy Electrical Energy Storage Unit (EESU), a high-energy-density ceramic ultra capacitor. It intends to supply its products to automobiles, specialty vehicles, trucks, buses, street cars, and other vehicles for original equipment manufacturers, tier 1 companies, and conversion upfitters. The company was formerly known as Feel Good Cars Corporation and changed its name to ZENN Motor Company Inc. in June 2007. ZENN Motor Company Inc. is headquartered in Toronto, Canada.

zenn motor co inc (ZNN) Top Compensated Officers

Chief Financial Officer and Secretary
Total Annual Compensation: C$115.0K
Compensation as of Fiscal Year 2013.

zenn motor co inc (ZNN) Key Developments

ZENN Motor Company Inc. Announces Production Updates

ZENN Motor Company Inc. reported that the recently completed testing further confirms the advanced technical characteristics of the EEStor-developed dielectric material, and increasingly demonstrates its commercial value in the large global capacitor market. With this technical validation, and recent enhancements to EEStor’s manufacturing capabilities, the company is now prepared to advance discussions with potential commercial partners towards agreements that are expected to range from licensing to manufacturing joint-ventures. Intertek rigorously tested two multi-layer Polypropylene Injection Molded samples of EEStor’s capacitor technology across multiple voltages and frequencies. Of the two samples tested, one had been dried in EEStor’s recently completed environmental assembly chamber. Intertek has confirmed that significant improvements were achieved over the previously tested and reported 250vdc, six-layer injection molded part. Key highlights and findings of the Intertek Phase Two Report include: A three-fold improvement in voltage performance to 750vdc, The Tested Sample 2 (the dried sample) shows dramatic performance improvements over, Sample 1 (the undried sample), Low Dielectric Leakage and Low Dissipation factors. The company has achieved validated results that indicate the following: The low dielectric leakage is expected to allow EEStor to produce voltage smoothing capacitors for such application that require long term voltage stability, The low dissipation factor is expected to allow more potential customers to utilize EEStor’s low energy loss capacitor technology, The low Equivalent Series Resistance (ESR) is expected to provide significant advantages in applications that require high levels of noise filtering, low noise generation from high speed signal switching, and multiple applications needing this level of filtering protection, The multi-layer Polypropylene Injection Molded samples indicate the ability to perform at those, levels necessary for high-voltage commercial viability, Both EEStor samples were charged in milliseconds without any noted degradation of performance, ESR reduced as the number of layers are increased by stacking, The resistance and capacitance levels of the dried high voltage Sample 2 part indicates exceptional performance and provides for additional volumetric efficiencies over parts compromised by humidity.

ZENN Motor Company Inc. Announces Unaudited Financial Results for the First Quarter Ended December 31, 2014

ZENN Motor Company Inc. (ZENN) announced unaudited financial results for the first quarter ended December 31, 2014. In the three months ended December 31, 2014, the company (including EEStor, subsidiary of ZENN) incurred a loss of CAD 699,432 compared to ZENN's loss of CAD 391,222 in the corresponding prior period. On a per share basis, for the three months ended December 31, 2014, the company incurred a loss of CAD 0.01 compared to ZENN's loss of CAD 0.01 in the corresponding prior period. During the three months ended December 31, 2014, the company used CAD 712,694 of cash in its continuing operations, as compared to ZENN's use of CAD 180,129 in the corresponding prior period.

ZENN Motor Company Inc. Announces Audited Consolidated Earnings Results for the Fourth Quarter and Year-Ended September 30, 2014

ZENN Motor Company Inc. announced audited consolidated earnings results for the fourth quarter and year-ended September 30, 2014. For the quarter, the company incurred losses of CAD 735,986 compared to losses of CAD 331,678 a year ago. Loss per share was CAD 0.01 compared to CAD 0.01 a year ago. Cash used in continuing operations was CAD 718,349 compared to CAD 200,114 a year ago. For the year, the company incurred losses of CAD 2,601,207 compared to losses of CAD 1,615,077 a year ago. Loss per share was CAD 0.06 compared to CAD 0.04 a year ago. Cash used in continuing operations was CAD 2,497,890 compared to CAD 914,023 a year ago.


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