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Technology Stocks : Zmax (ZMAX)/New Year 2000 play

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To: ChefTalk who wrote ()12/27/1996 12:04:00 PM
From: Stephen Adnan   of 370
 
Niko and all,

In searching for info on ZMAX, I found the following:

To: (2092 )
From: Kevin Watson
Dec 27 1996 8:56AM EST
Reply #2093 of 2105

I'm NOT making this up! (And could you pick at least one alphanumeric character to identify yourself?)

>> Mediterranean Oil Corporation Announces Name Change to Zmax
Corporation, A Stock Roll Back and New Private Financing

SAN DIEGO, CALIFORNIA, Aug. 28 /CNW-PRN/ - MEDITERRANEAN OIL
CORPORATION (the``Company'') announced today that it has completed its name change to ``ZMAX CORPORATION'' effective as at August 9, 1996.

The Company further announced that it has instituted a 1 for 80 reverse stock split effective as of July 23, 1996. The Company still further announced that it has obtained
private financing which will bring about a substantial reduction of its outstanding debt.

The Company continues to actively seek a favorable merger with an operating company.

The Company's new CUSIP NUMBER is 98974T1O2 and its new TRADING
SYMBOL is ``ZMAX''.

The Nasdaq Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. SOURCE: Zmax Corporation

This was found on the ZItl thread at

techstocks.com


I am not trying to hype or flame, I just want some useful information. Can anyone comment on this and what it says about the background on ZMAX.

Stephen

Stephen
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