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Microcap & Penny Stocks : Zia Sun(zsun)

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To: StockDung who wrote (3427)7/12/1999 11:43:00 PM
From: who cares?  Read Replies (1) of 10354
 
Whoops, looks like the gigs up. Quite a day today, we find Tobin in business with a man charged by the SEC for nastiness and now a little better glimpse into ZSUN.

Hmm, a few things that stand out as particularily schmelly. Issuance of 3 million shares for OIA. So OIA, the bigger, faster growing, profitable(now that we know the truth) of the two companies, sells itself for a 22.3% stake of ZSUN. Bwaahahahahahaaa. And you make the guy that cut that deal the CEO, stop it, I think I just ruptured a funny bone, i'm suing.
Gee if memory serves, and it always does, Francois bitterly defended my claim that ZSUN should announce the takeover price of OIA,as that's how it's always done. He made up some wild story about how the cost of takeovers weren't know for years, and the terms wouldn't be settled for a long time. As always, I tell the truth, Francoise lies like a rug.

Stockholder
May 25, 1999, 262. D.S. Elder and R.W. Jardine each owned 7.8% of the Com.,
Katori Consultants Ltd. 11.4%, Momentum Media Ltd. 12.9%, and PT Pasifika Prtama
Investindo and Touchstone Transportation 9.2% each

Only 262 stockholders? GMAFB. Katori Cunsultants. Manila I believe. Probably a Cronin deal, having a bit of trouble on DYNX aren't they? PT PAsifika Prtama? Who knows, but Momentum has had the Pasifika.com name for registered for almost two years. Didn't IAM used to have a place in Jakarta? Probably reopened under new name, same slime management.

I'll barely even get into the numbers, because like it says, they are unaudited, but I bet a few others will have a hard look(hopefully the SEC among them). It sure looks like Flodyie is right, despite reporting vunderbar numbers in all the PR's, here they report a negative operating income for last year.

"The reorganization was acctd. for as a recapitalization of MAI and
MII with both deemed the acquiring entities."
I hope you Francoise worshipping longs get that line through your heads. Momentum did the buying, which pretty much makes the first PR false, since it touts ZSUN's acquisition of Momentum.

Man this is still unaudited, just wait until they actually try to put audited numbers together and get it to fly. Surely this wasn't what they were going to release as a filing. After all they've been saying S&P not SEC from the get go. Maybe someone should explain the difference to them, and their 262 shareholders.

Mr. Burns
(can't wait to look at that again, after a good nights sleep)
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