Professional
Added to YB: 2026-08-14
Pitch date: 2026-08-10
ZENA [bearish]
ZenaTech, Inc.
-25.29%
current return
Author Info
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Company Info
ZenaTech, Inc., an enterprise software technology company, develops cloud-based software applications in Canada, South Korea, the United Kingdom, North America, Europe, Taiwan, and the United Arab Emirates.
Market Cap
$205.2M
Pitch Price
$1.70
Price Target
N/A
Dividend
N/A
EV/EBITDA
-7.13
P/E
-1.69
EV/Sales
14.51
Sector
Software
Category
N/A
ZenaTech’s CEO Related Party, Epazz, Engages In R&D Funded By ZenaTech, And Then Sold the Tech To Zena For 19 Times Their Book Valuation, Grossly Enriching Epazz Insiders At The Expense of Zena Shareholders
ZENA (short): White Diamond flags related-party self-dealing: CEO Passley's tiny EPAZ ($340K mkt cap) did R&D funded by C$28.2M ZENA cash advances, then sold assets w/ $2.36M book value back to ZENA for $46.5M stock (19x book), no fairness opinion. Also ~86M hidden convert-pref dilution atop 88.9M shares. Loses $20M+/qtr.
Read full article (3 min)