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by Stockwatch Business Reporter

The TSX Venture Exchange fell a fraction to 549.76 Monday. Douglas Ford's suspended capital pool shell, Zorro Capital Inc. (ZOR), has scheduled a meeting for Nov. 17 to ask shareholders to approve rolling back its shares 1:5 so it can complete its purchase of Kent Imaging Inc., a Calgary medical imaging company. The shell's founders seem determined to close this qualifying transaction before the arrival of their company's Nov. 27 deadline. If Zorro fails to close the deal by then, it will have to transfer to the NEX and cancel half the escrow position. The shell's initial 24-month QT deadline arrived last February, but the exchange granted Zorro a nine-month extension. It is unlikely there will be any further extensions. We discussed Zorro's transaction with Kent Imaging in detail in the Shell Summary for Aug. 21, noting that Mr. Ford will remain with the company as its chief financial officer. Kent has an FDA-cleared product, the Kent Camera, which takes near-infrared pictures of a patient and reveals to a doctor whether his patient's tissue is receiving enough blood and oxygen.

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