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
4Where 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
5How 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)
6Where Have We Been?
7A 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
8A 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
9What 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
10What 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
11What 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
12What 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
13What Has Been Done Since?
- Underwent Compliance Review with the TSXV
- Engaged Arizona counsel for litigation
- Added new Directors
- Held Annual General Meeting
14What 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
15Directors
- 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).
16Directors
- 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.
17What 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
18Shareholder 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
19Capitalization
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
20Where 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?