Topic: How To Invest

Hi Pat: Could I get your advice on a couple of stocks: ZENN Motor Company and Titanium Corporation?

Article Excerpt

ZENN Motor Company, $0.19, symbol ZNN on Toronto (Shares outstanding: 54.4 million; Market cap: $10.3 million; www.zenncars.com), aims to make and sell what it sees as innovative batteries for cars and other vehicles. ZENN owns 71.3% of EEStor Inc. Using this company’s technology, ZENN hopes to develop a new kind of battery that will be lighter than traditional lead-acid batteries. However, the company reported earlier this year that it has tested certain samples of “high-energy-density ceramic ultra capacitors” made by EEStor but has not yet been able to demonstrate that the technology stores a significant amount of energy. Zenn has just raised $1.32 million by issuing 5.1 million shares at $0.26 each. The company plans to use the proceeds to hire senior staff to expand EEStor’s capabilities and help it develop new products faster. However, we don’t have a lot of confidence in ZENN’s technology. We don’t recommend ZENN Motor Company. A: Titanium Corp., $1.55, symbol TIC on Toronto (Shares outstanding: 64.4 million; Market cap: $99.8…