There are two more potential pieces of good NEWS concerning ZSUN...
Firstly, one or two acquisitions of profitable private entities are likely before the end of the year, bearing in mind that ZSUN is sitting on a pile of cash of some $5.5 Millions that keeps on increasing daily, thanks to OIA. ZSUN shares are also becoming more desirable every day for use in an equity deal...
The other I have touched upon in a couple posts in the past, but is much more likely to happen now that IPO fever greatly benefits Asian Internet stocks. There are several businesses that ZSUN could spin off, like Asia4Sale, for example, while retaining a majority of the shares and distributing existing shareholders pre-IPO shares. Since the more ZSUN shares one holds, the more pre-IPO shares one is entitled to, it's a great incentive to buy and keep a large holding in ZSUN.
The newly acquired Businesses could in turn be incubated and spun off at a later date in the CMGI or WCAP style or ZSUN could take advantage of its inexpensive programming work force in the Philippines to put together new Web site based Businesses, the aim being to do two or three IPO's per year...
Regards, F. Goelo + + +
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