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To: Cogito who wrote (133396)5/10/2012 4:56:58 PM
From: David M.  Read Replies (2) of 213176
 
Should the play be in MarineMax (Symbol: HZO) versus ZAGG?

Is HzO a division of ZAGG? What relationship does HzO have to ZAGG?
HzO loves ZAGG! ZAGG saw the potential of HzO and acquired the majority rights to the WaterBlock technology in 2009. They subsequently spun off HzO into a separate, privately held company. In August 2011, HzO completed an equity capital raise, established its own board of directors and executive management, and launched HzO to operate as autonomous from ZAGG. Today, ZAGG remains a significant shareholder in HzO and provides continual marketing support and assistance.
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