Preclin,

There's a FAQ page on the Zenith website that addresses a lot of these concerns. There's also an Agoracom Zenith forum. As for the value of your Zenith shares in your Scotia account, the FAQ page states:

"Question: Since there is no public market for Zenith shares at this time, why has the value of my Zenith shares fluctuated in my brokerage account statement?

Answer: Some financial institutions present Zenith shares at a zero value due to their non-public trading status. Others value the Company’s shares based on an estimated fair market value calculated for financial reporting purposes, information from recent Company financings or their own practices. The values used by financial institutions are out of the Company's control.

Question: Does the Company have an estimate of fair value for its common shares?

Answer: Yes, however, it is calculated exclusively for financial reporting purposes. For reference, the most recent letter outlining management’s estimate of fair value for financial reporting purposes can be viewed HERE."