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Microcap & Penny Stocks : Zia Sun(zsun)

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To: billy who wrote (5453)11/3/1999 6:27:00 PM
From: who cares?  Read Replies (1) of 10354
 
Billy,
No one knows the hit count on the sites, and if that stat were
available these people wouldn't be above having one of their boiler
rooms click refresh all day. That in my opinion.

As for the share count, well your in luck, i'm going to give you a
pre-release peak at a small part of my upcoming treatise soon to be
forwarded to the SEC.

ZSUN share count shenanigans.


Shares Purpose Date
50,000 Jennifer McMinn 3-19-1996
750,000 50 non US investors Commencing 2-20-1996
5,000,000 Several non-US corporations 1-6-1997
10,000,000 Several non-US corporations 2-3-1997
129,994 Private placement July 1997

15,929,994 Total

7,964,997 After reverse split Sept 4 1998
7,900,009 Total claimed by company in 10SB 10-5-1998
64,998 Unaccounted for difference


7,964,997 Post split accountable total
565,000 Momentum Internet acquisition Oct. 5 1998
2,000,000 Momentum Asia Oct. 5 1998
-65,000 Vulcan Consultants loan payback December 1998
10,464,997 End of 98 accountable Total 12-31-1998
10,465,000 Amount in 10SB 12-31-1998

10465,009 Amount in 10SB 3-25-1999
50,000 Asia4Sale purchase 3-25-1999
500,000 OIA purchase 3-31-1999
2,500,000 OIA escrow 3-31-1999
13,514,997 Accountable Total

27,029,994 2 for 1 split 5-14-1999
25,000 Option shares exercised April-June 1999
27,054,994 Accountable Total
27,055,000 Amount claimed by company 6-30-1999
27,030,018 Amount claimed by company 8-5-1999
27,030,018 Total given by the company 8-31-1999

Notice that they were at one time off 64,998 shares. Coincidentally,
then CEO Tony Tobin(actually he wasn't Bryant Cragun was according to
the 10SB) paid back a $70k loan with 65k shares of restricted stock.
Funny, the loan wasn't due for 7 more months, he could have held the
shares and cashed out for a million or more, if he ever really had
the shares.

Also keep in mind that a share count is sort of arbitrary. The owners
of OIA, the only profitable part of ZSUN, had it worked into their
buyout, that for every dollar over $2.5mm they earned starting Q2 99
through Q1 2000 they get two shares(post split) of stock.

Mr.Burns
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