Wednesday, May 2, 2012

Aubrey Eveleigh Rocket = Pffft.


Brand spanking new inductee in this space comes bearing the name of a race horse. Grrrr. Yes indeed many moons of watching this grotesque offense fall in value after multiple dusters from a confirmed securities bow wowser doggie.

Flavour of the week is graphite apparently. Pffft my doodle.

MAJOR accomplishment seeing this mule make it back up to the IPO level and what can Mr. Eveleigh possibly do for an encore now?

A wicked large cash burn won't be getting any smaller thats for certain.






  


Friday, December 23, 2011

$ .11 bid = The real Horror ...

Check out the Penny Stock Journal for whats moving.
Chart forZENYATTA VENTURES INC (ZEN.V)
Yes of course this ridiculous company is burning $3m per year while delivering a handful of pure dusters, but come on. At $ .11 we are at levels that even these insiders loaded up on wholesale and where are they now to support this brick? Nowhere to be see, at all.

Mr. Eveleigh has great difficulty with his driller over $ 300k (flow through naturally) yet the rate of cash burn for the hard money with no results at all, well, Pffffft.

Good luck lining up more.








Friday, August 26, 2011

The Horror The Pain, yada yada yada

Check out the Penny Stock Journal for whats moving.
Chart forZENYATTA VENTURES INC (ZEN.V)
Recent Trades - All 2 today
Time ET Ex Price Change Volume Buyer Seller Markers
11:06:41 V 0.20 0.01 100,000 7 TD Sec 1 Anonymous K
11:06:41 V 0.20 0.01 50,000 7 TD Sec 1 Anonymous KL

There seems to be a problem somewhere as this gigantic public money spinner has seen some dum dum's bid at $ .20 wiped out anonymously.

Our two main well compensated value creationists seem to have hit the wall some TOTALLY unexpected way with bidders avoiding this paper like used arsewipe, much to the continued pain of the mostly blind underwriters of this offense. Very strange indeed and just 2 days after the "feel good" AGM too. Trouble in paradise absolutely and forget those 4 very expensive duster holes if at all possible.
Latest audited financials show $1.5m burnt off for the year, a sum sure to be corrected with the release of Q1 numbers. THIS management has far more expensive tastes than that.

Tuesday, May 3, 2011

Zenyatta Ventures faces first native injunction

There was a corporate announcement on April 29, 2011 revealing the details of legal action by the Constance Lake First Nation to stop exploration activity on their territory.

To many observers this event was as inevitable as night following day and here we go, the name of a horseracing legend gets deliberately dragged through the mud.

"An anonymous director reports

ZENYATTA VENTURES LTD.; NOTICE OF MOTION FOR INJUNCTION BY CONSTANCE LAKE FIRST NATION

Constance Lake First Nation (CLFN) is seeking injunctive and other relief against Zenyatta Ventures Ltd. and Ontario, regarding Zenyatta's current exploration activities and the Mining Act from Ontario Superior Court.

Among other things, CLFN alleges that the defendants have failed to adequately consult and accommodate them in connection with Zenyatta's current mineral exploration activities. Zenyatta is undertaking a 20,000-metre drill program at the Albany project near Hearst, Ont. The Albany project is within the asserted traditional territory of CLFN."

"Welcome to the official web site of Constance Lake First Nation (CLFN), a progressive and rapidly growing community of 1,470 Members of Ojibway and Cree ancestry with approximatley 820 living on reserve.

We are located on the scenic shores of Constance Lake near Hearst, Ontario and are readily accessible by way of Highway 11."

And what a shocking and unexpected development for the dopey bull at TD who has been sucking up millions of "Anonymous" selling over the past few months ... even that dum dum is MIA now. And who can doubt the advanced strategy brainsmarts of Cliffs to install a bag man to take the heat. THEY certainly have no expensive and image damaging native problems.






Thursday, January 6, 2011

Anonymous and Incompetent

video

As we contemplate the unending supply of dead worthless ZEN.v paper we have had time to unravel the major management problems at Mackie Research Capital Corporation.

3.On February 27, 2004, the Commission issued a decision in which it found that, between February 2000 and February 2002, Research had executed trades in contravention of a cease trade order issued under the Act.

The BCSC spanked Mackie Research Capital Corporation in 2004 and as a direct result issued an order for compliance of future cease trade orders.

6. Certain aspects of the CTO System broke down in mid-2005. The result was that Research was unable to detect and prevent trades in securities quoted on the United States over the counter markets that were subject to cease trade orders.

So Mackie's fool-proof system wasn't fool-proof enough for these unbelievable management fools and for the next 2.5 bloody years the brokerage continued to violate cease trade orders as a matter of course.

Absolutely freaking astounding. And Mackie would still be doing it to this day had the BCSC not been aroused from that 30 month slumber, probably by a complaint from a public dummy that got stiffed on the wrong end of halted paper. Is there any other brokerage, anywhere in the world, that can lay claim to this complete, utter, and repeated brand of incompetence?

While our heads are still spinning we can continue to monitor the unloading of mountains of dead worthless ZEN.v paper anonymously onto stupid public types ...

January 6, 201012:42:47 V 0.55 0.00 4,000 2 RBC 1 Anonymous K
11:45:46 V 0.55 0.00 2,000 2 RBC 19 Desjardins K
11:45:46 V 0.55 0.00 4,000 2 RBC 1 Anonymous K
10:45:34 V 0.55 0.00 16,000 9 BMO Nesbitt 1 Anonymous K
10:35:21 V 0.55 0.00 9,000 9 BMO Nesbitt 1 Anonymous K
10:00:46 V 0.55 0.00 9,000 33 Canaccord 1 Anonymous K
09:40:17 V 0.54 -0.01 3,000 9 BMO Nesbitt 1 Anonymous K
09:39:50 V 0.55 0.00 2,000 83 Mackie 1 Anonymous K
09:39:11 V 0.55 0.00 10,000 121 Jennings 1 Anonymous KL
January 7, 201015:39:19 V 0.53 0.00 1,000 7 TD Sec 1 Anonymous K
15:39:19 V 0.53 0.00 4,000 7 TD Sec 1 Anonymous K
13:32:09 V 0.51 -0.02 5,000 7 TD Sec 1 Anonymous K
13:31:48 V 0.51 -0.02 5,500 7 TD Sec 1 Anonymous K
13:31:48 V 0.52 -0.01 9,500 121 Jennings 1 Anonymous K
11:59:55 V 0.52 -0.01 250 46 Macquarie 2 RBC E
11:59:55 V 0.52 -0.01 500 121 Jennings 2 RBC K
11:36:22 V 0.53 0.00 4,000 1 Anonymous 1 Anonymous K
11:35:44 V 0.53 0.00 3,000 1 Anonymous 1 Anonymous K
11:35:44 V 0.53 0.00 5,000 1 Anonymous 1 Anonymous KL

January 10, 2011
13:06:00 V 0.47 -0.06 5,500 79 CIBC 9 BMO Nesbitt K
12:48:48 V 0.45 -0.08 26,500 7 TD Sec 1 Anonymous K
12:48:48 V 0.455 -0.075 10,000 44 Jones Gable 1 Anonymous K
12:48:48 V 0.46 -0.07 5,000 1 Anonymous 1 Anonymous K
12:48:48 V 0.46 -0.07 17,500 85 Scotia 1 Anonymous K
12:20:24 V 0.46 -0.07 32,500 85 Scotia 1 Anonymous K
12:20:07 V 0.465 -0.065 5,500 9 BMO Nesbitt 1 Anonymous K
12:20:07 V 0.465 -0.065 5,000 1 Anonymous 1 Anonymous K
12:20:07 V 0.47 -0.06 25,000 44 Jones Gable 1 Anonymous K
12:20:07 V 0.47 -0.06 10,000 121 Jennings 1 Anonymous K
12:20:07 V 0.49 -0.04 1,000 83 Mackie 1 Anonymous K
11:55:58 V 0.49 -0.04 19,000 83 Mackie 1 Anonymous K
11:44:26 V 0.49 -0.04 25,000 121 Jennings 121 Jennings K
11:39:19 V 0.50 -0.03 25,000 44 Jones Gable 7 TD Sec K
11:36:40 V 0.50 -0.03 20,000 7 TD Sec 7 TD Sec KW
11:36:40 V 0.50 -0.03 10,000 44 Jones Gable 7 TD Sec KW
11:36:40 V 0.51 -0.02 5,000 1 Anonymous 7 TD Sec KW
11:36:40 V 0.51 -0.02 3,000 7 TD Sec 7 TD Sec KW
11:06:06 V 0.51 -0.02 5,000 7 TD Sec 2 RBC K
11:06:05 V 0.51 -0.02 5,000 7 TD Sec 2 RBC K
11:05:35 V 0.51 -0.02 25,000 7 TD Sec 1 Anonymous K
11:05:08 V 0.52 -0.01 1,000 7 TD Sec 1 Anonymous K
11:00:06 V 0.52 -0.01 1,000 7 TD Sec 2 RBC K
10:53:24 V 0.52 -0.01 5,000 7 TD Sec 1 Anonymous K
10:53:12 V 0.52 -0.01 3,000 7 TD Sec 1 Anonymous K
10:53:12 V 0.52 -0.01 2,000 124 Questrade 1 Anonymous K
09:30:00 V 0.51 -0.02 1,500 7 TD Sec 2 RBC KL
January 11, 2011
10:52:31 V 0.48 0.01 20,000 7 TD Sec 1 Anonymous K
10:52:31 V 0.48 0.01 4,000 7 TD Sec 1 Anonymous K
10:45:43 V 0.49 0.02 4,000 2 RBC 1 Anonymous KL

January 12, 2011

15:31:08 V 0.45 -0.03 2,500 7 TD Sec 1 Anonymous K
15:31:08 V 0.46 -0.02 10,000 1 Anonymous 1 Anonymous K
15:30:52 V 0.48 0.00 2,000 124 Questrade 1 Anonymous K
15:30:52 V 0.48 0.00 500 124 Questrade 1 Anonymous K
15:13:29 V 0.50 0.02 50,000 7 TD Sec 1 Anonymous K
14:32:18 V 0.50 0.02 35,000 7 TD Sec 1 Anonymous K
14:29:48 V 0.53 0.05 500 83 Mackie 1 Anonymous K
14:27:56 V 0.51 0.03 6,500 83 Mackie 79 CIBC K
14:27:56 V 0.51 0.03 10,000 121 Jennings 79 CIBC K
13:46:33 V 0.50 0.02 15,000 7 TD Sec 20 Stonecap K
13:45:57 V 0.50 0.02 50,000 7 TD Sec 20 Stonecap K
13:25:00 V 0.50 0.02 3,000 121 Jennings 20 Stonecap K
13:24:33 V 0.49 0.01 7,000 121 Jennings 7 TD Sec K
12:25:47 V 0.49 0.02 200 124 Questrade 46 Macquarie E
11:48:01 V 0.50 0.02 25,000 7 TD Sec 20 Stonecap K
11:05:28 V 0.50 0.02 7,000 7 TD Sec 20 Stonecap K
09:56:50 V 0.50 0.02 37,000 7 TD Sec 7 TD Sec K
09:56:50 V 0.48 0.00 6,000 7 TD Sec 1 Anonymous KL
January 13, 2011

12:19:47 V 0.53 0.08 7,000 79 CIBC 7 TD Sec K
12:19:47 V 0.55 0.10 1,000 7 TD Sec 7 TD Sec K
11:52:37 V 0.55 0.10 300 46 Macquarie 85 Scotia E
11:52:37 V 0.55 0.10 10,000 7 TD Sec 85 Scotia K
11:52:37 V 0.55 0.10 10,000 7 TD Sec 7 TD Sec
11:06:05 V 0.55 0.10 10,000 1 Anonymous 1 Anonymous K
11:04:28 V 0.53 0.08 4,000 79 CIBC 124 Questrade K
11:04:28 V 0.53 0.08 5,000 79 CIBC 1 Anonymous K
11:04:28 V 0.53 0.08 5,000 79 CIBC 1 Anonymous K
09:45:16 V 0.53 0.08 8,500 7 TD Sec 85 Scotia K
09:45:16 V 0.53 0.08 5,000 7 TD Sec 1 Anonymous K
09:45:16 V 0.53 0.08 4,500 7 TD Sec 1 Anonymous K
09:45:16 V 0.52 0.07 2,000 7 TD Sec 1 Anonymous K
09:30:00 V 0.52 0.07 5,000 79 CIBC 1 Anonymous K
09:30:00 V 0.52 0.07 3,000 79 CIBC 1 Anonymous K
09:30:00 V 0.52 0.07 5,000 79 CIBC 1 Anonymous K
09:30:00 V 0.52 0.07 5,000 79 CIBC 1 Anonymous KL




Tuesday, January 4, 2011

Seriously Anonymously



A new public company listing is much like a blank sheet of paper with the prices and identities known to all the highly conflicted players. In order to offload ridiculously overpriced paper onto the bigger sucker at retail, the seller needs to hide their identity from the other players.

Thats exactly what we are, have been, and will continue to see in the market for truly worthless Zenyatta Ventures paper.
15:29:34 V 0.58 -0.02 5,500 121 Jennings 1 Anonymous
12:30:01 V 0.55 -0.05 14,500 7 TD Sec 1 Anonymous
11:07:36 V 0.55 -0.05 35,000 7 TD Sec 1 Anonymous K
10:46:22 V 0.60 0.00 1,000 7 TD Sec 1 Anonymous K
10:46:22 V 0.60 0.00 5,000 7 TD Sec 1 Anonymous K
10:46:22 V 0.60 0.00 1,000 7 TD Sec 28 BBS KL

We have our seatbelts on and naturally have our air sickness bags on hand as we examine this latest offense against the public by professional, full time mutt dogs. Share structure (before offering)

Nov 2009 4,800,000 Shares @ $ .00001
Nov 2009 1,054,000 Warrants for Nil
Feb 2010 5,250,000 Shares @ $ .10
Mar 2010 1,000,000 Shares @ $ .25
Mar 2010 1,000,000 Warrants for Nil
Apr 2010 1,000,000 Shares @ $ .25
Jun 2010 10,740,000 Shares@ $ .25
Jun 2010 10,740,000 Warrants for Nil
Sep 2010 1,000,000 Shares @ $ .31
Sep 2010 1,000,000 Warrants for Nil

Add all that rock bottom dilution up and we have 37,584,000 fully diluted shares and the amount received was about $ 3.5m for a "cost" of slightly more than $ .09 per share. Most of the warrants are exercisable at $ .25 and millions were sucked up for free by Mr. Eveleigh for his massive yet VERY hard to account for contributions towards advancing this sickening listing.

So whats our FD market cap AFTER the offering?

"Zenyatta now has a total of 39,570,313 common shares issued and outstanding, and an additional 15,055,549 shares are subject to issuance pursuant to outstanding warrants and 2,275,000 shares are subject to issuance pursuant to stock options granted today, as disclosed below, for a total of 56,900,862 shares on a fully diluted basis."

We take that number, multiply it by the SP and we get a completely bloody unbelievable fully diluted market cap of $ 34,140,000. Thats money for absolutely nothing and reason number one why this paper needs to be avoided.

Figure the instant dilution for the truly dopey $ .60 PPers and its something in the order of 90%+. (Co now has about $ .06 per share in rapidly disappearing cash, fully diluted)

http://zenyattaventures.blogspot.com/
On December 12, 2010, there was an announcement regarding an agreed to penalty imposed by the BCSC on Mackie Research Capital Corporation (formerly Research Capital), home roost of big shot Mackie director and Zenyatta Ventures Ltd. director Mr. Barry Allan.

BCSC link HERE


"Misconduct

9. From mid-2005 to September 2007, Research executed 46 trades that, collectively, contravened eight cease trade orders issued under section 164 of the Act.

10. Research failed to establish and apply adequate written procedures to ensure that it was not executing trades for its clients in cease traded securities, contrary to section 44(1) of the Securities Rules, B.C. Reg. 194/97 (the Rules)."

46 grossly improper trades in direct opposition to lawfully binding Securities Comissions orders over a 2 year period and MackieTards would be doing it today if the BCSC hadn't somehow miraculously woken up.



There is no lame excuse possible for this level of abject incompetence and that is being wholley and amazingly charitable with the flaming tards responsible. Hopefully making this point painfully clear for the clown-like executive "braintrust" at Mackie, here is the agreed to settlement ...

12. Pay $225,000 to the Commission in respect of settlement of this matter, which sum is due and payable immediately without further demand."

Bozos are also now paying for a badly needed BCSC monitor to make sure they learn how to play by the freaking, bloody rules.

Monday, January 3, 2011

Zenyatta Ventures Ltd. - The Horror, the Humanity


Mr. Aubrey Eveleigh has finally succeeded in finding enough dopey live ones to advance his evil plans for Zenyatta Ventures Ltd. The Company has commenced trading (barely) on the Venture exchange under symbol "ZEN.v"

"Pursuant to the offering, Zenyatta raised total gross proceeds of $9,926,459 consisting of 11,197,600 common shares sold at a price of 60 cents per share for gross proceeds of $6,718,560, and 4,582,713 flow-through common shares sold at a price of 70 cents per share for gross proceeds of $3,207,899. A cash commission of $587,695 equal to 6.5 per cent of the gross proceeds ..."
Absolutely, positively amazing that these completely obtuse moneytards did not check with the last dimwit that advanced restricted funds to Mr. Eveleigh's control, Mineralfields. Had they done proper due dilligence the decision to advance tax assisted funds again, or any funds for that matter, would have been much different.
We have all the gory details we can possible stomach contained in the Offering Memorandum/Prospectus, and damn, public types really should read these babies in detail for a lesson in how immoral scumbags extract millions from the public while delivering less than nothing.

Mr. Eveleigh has decided his grossly valuable services are "worth" $ 225,000 per year, and lets make no mistake here sheeple, that is just the tip of the wicked iceberg for juicing shareholders dead stupid.

While Mr. Eveleigh is grossly expensive by any possible standard, the CFO is bringing home a ridiculously paultry $ 12k per annum and now a body has to ask exactly what brand of fiduciary yes man Mr. Eveleigh has installed to facilitate the signing of necessary certifications, documents and, ahem, cheques of many zeros.

The going rate for a CFO in Mr Tom G. Mustapic's position is $ 60k to $ 80k, and one would probably expect 6 figures. Instead we have a bean counter with no appreciation whatever of what his fiduciary responsibility means or its value. That ain't good for anybody except Mr. Eveleigh.