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ZEOX Corporation

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ZEOX Corporation David Thom, Chief Executive Officer * * ZEOX Corporation David Thom, Chief Executive Officer Former director from inception in 1997 to August 2002 ... – PowerPoint PPT presentation

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Title: ZEOX Corporation


1
ZEOX Corporation
  • David Thom, Chief Executive Officer

2
ZEOX Corporation
  • David Thom, Chief Executive Officer
  • Former director from inception in 1997 to August
    2002
  • Gave the founder his first cheque to explore for
    Zeolites in Nova Scotia
  • Took the company public on the then Alberta Stock
    Exchange through an Exchange Offering Prospectus 

3
ZEOX Corporation
  • David Thom, Chief Executive Officer
  •  
  • Have been a director and/or officer of a number
    of reporting issuers the majority of which are or
    were listed on the TSX or the TSXV (or its
    predecessor exchanges)
  • Have acted for a small investment dealer in
    carrying out due diligence for the IPOs of Jazz
    Golf Equipment and Fort Garry Brewing Company
    Ltd.
  • Listed the spin-out of the International Equity
    Derivatives Group (Maple Partners), out of First
    Marathon Securities prior to its acquisition by
    the National Bank of Canada

4
Where Are We Now?
  • Cease Trade Order for Failure to File Financials
  • Trading on TSXV Suspended
  • Audited Statements almost ready
  • Preparing to file litigation in Arizona target
    is for early next week

5
How Do We Get Trading Again?
  • File Audited Statements
  • Apply for Revocation of Cease Trade Order
  • Continuous Disclosure Review
  • TSX Venture Exchange reinstatement review
    (Continued Listing Requirements)

6
Where Have We Been?
7
A New World?
  • Spindler Shea appointed CEO CFO Aug 24, 2009
  • Founder Hogg resigns as director CEO Aug 24,
    2009
  • Spindler appointed director made Chairman Sep
    4, 2009

8
A Good Start
  • Close Financing of 707,0001 Sep 25, 2009
  • Advise April 2010 close for merger Nov 24, 2009
  • Close Financing of 1,046,0001 on Dec 9, 20091.
    At 0.1725 warrant exercisable at 0.27

9
What They Said?September 2009
  • Going forward, Zeox will consist of the 3 Crown
    Jewels
  • Ash Meadowns - Zeolite
  • Bowie Chabazite
  • Technology
  • Mercury Removal
  • Zeofume
  • Ash Meadows
  • 40MM tons of proven Reserves
  • Average Selling Price of 175/ton
  • Bowie Chabazite
  • Upper Bed (Zeofume and Water Filtration)
  • 1.3MM tons of proven Reserves
  • Average Selling Price of 700/ton
  • Lower Bed (Mercury Removal)
  • 880,000 tons proven, 1.1MM probable
  • Average Selling Price 1000/ton

10
What Happened?
  • Spindler Shea resign Jun 18, 2010
  • Imagin Terminates Merger Jun 19, 2010
  • Imagin Claims Break Fee of 600,000
  • Eyde resigns Jun 22, 2010

11
What Happened Part II?
  • Imagin Demands Payment of Note Jun 24, 2010
  • Notice that Eyde has accepted a position with
    Imagin Minerals and St. Cloud Mining on Jul 6,
    2010
  • Notification of Disposition of Collateral after
    Jul 16, 2010, dated Jun 30, 2010 received by mail
    by ZEOX Jul 6, 2010

12
What Happened Part III?
  • ZEOX legal counsel denies Imagin claim for
    break-fee and demands the 250,000 break fee from
    Imagin and unliquidated damage claims in excess
    of 1 million on Jul 16, 2010
  • On Jul 26, 2010 ZEOX receives by mail
    notification that the assets were sold to St.
    Cloud Minerals on Jul 19, 2010

13
What Has Been Done Since?
  • Underwent Compliance Review with the TSXV
  • Engaged Arizona counsel for litigation
  • Added new Directors
  • Held Annual General Meeting

14
What Has Been Done Since Part II?
  • Created entire new website
  • Recreated or regained company records ship
    records from AZ others?
  • Introduced cost control reporting functions
  • Paid auditors to get them to start mid October
  • Closed private placement Oct 28, 2010

15
Directors
  • Tim Wuest director since Aug 2007 and President
    of Badger Mining Corp., a privately held,
    family-owned international corporation that
    manufactures industrial silica sand, limestone
    and other aggregates. Industrial markets include
    hydraulic fracturing, gravel packing,
    foundry core and molding applications, and other
    industrial applications.
  • Nicolette Yan Wang 17 years of experience in
    marketing, corporate communications and branding
    in Canada, China and Germany. Ms. Wang was most
    recently a consultant to ZEOX from February 2008
    to December 2009. Previously Ms. Wang was a
    marketing executive with NAI Interactive Ltd., a
    subsidiary of ChineseWorldNet.com Inc. Earlier
    she contracted her marketing and investor
    relations skills to The ASIA Miner and built
    strategic alliances with many mining industry
    leaders in Canada and China. Ms. Wang holds a
    Bachelors Degree from the University of Shanghai
    for Science and Engineering and a Business
    Certificate in Marketing, Management and
    International Business.
  • Robert Findlay CEO President of Auric
    Development. He has worked with Atlas Copco
    Construction Mining from 1988 to 2004 in
    Underground Equipment Sales and Business
    Development and has since been an independent
    consultant providing management consulting,
    corporate finance and business development
    services to public and private companies. Mr.
    Findlay has served on the boards of several
    private and public companies from incorporation
    to listing on the TSX Venture Exchange. Mr.
    Findlay is an honours graduate from Haileybury
    School of Mines (1987).

16
Directors
  • Steve Veich - Mr. Veitch is a lawyer called to
    the bar of the Province of British Columbia.  
    Since 2003, Mr. Veitch has advised clients in the
    area of corporate and securities law.  Mr. Veitch
    has obtained extensive experience advising
    clients with respect to financing transactions,
    reorganizations and going public transactions.  
    Mr. Veitch obtained a MBA from the University of
    British Columbia in 2000, and a Bachelor of Laws
    from UBC in 1998.
  • David Thom - Mr. Thom is the founder of DMT
    Capital Corp., a private company that provides
    management, venture capital financing, and
    financial workout and restructuring consulting
    services, primarily for early stage companies.
    Mr. Thom has been the leader of a variety of
    transactions including initial prospectus
    offerings, reverse takeovers, takeover bids, and
    the sale or disposition of assets. He has also
    led a number of financial workouts and
    restructuring of debt obligations and has also
    been a consultant to a number of private
    companies in a variety of industries including
    text messaging, solar power, file transfer
    systems, gold exploration, wellhead heating
    systems, tequila production, and heavy oil
    enhancement.

17
What About the Market?
  • Trading resumed in early August at low of 2 cents
    with large sell-off of shares
  • Huge buying of ZEOX shares in the open market
    from 2 cents to almost 7 cents
  • Aug 4 Nov 4 over 20 million shares traded on
    TSXV
  • Over 50 million shares inclusive of German
    exchanges

18
Shareholder Base
  • German and Swiss asset management firms increased
    positions
  • Activist fund bought large number of shares on
    the open market
  • Have replaced most disgruntled shareholders with
    new optimistic shareholders

19
Capitalization
Share/Exercise Gross
Shares Price Proceeds
Issued and Outstanding Jun 30, 2010 67,660,410
Private Placement 5,531,465 0.05 276,573
Total 73,191,875 276,573
Warrants-Expire Sep 11, 2011 2,765,733 0.05 138,287
Options 3,000,000 0.05 150,000
Total 78,957,608 564,860
20
Where Do We Go From Here?
  • Remove CTO get trading
  • Then will be back to see you for private
    placement
  • Proceed with legal action chances?
  • Pursue other opportunities realistic?
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