| | Pay me $6130 and I can put out the same "speculative buy" AND save the company FIVE BUCKS!
Press Release Source: eResearch; ZAP
eResearch Initiates Coverage on ZAP
Monday February 7, 3:00 am ET
TORONTO, Feb. 7 /CNW/ - eResearch Analyst Amy Stephenson rated ZAP (OTCBB: ZAPZ - News) a "Speculative Buy" in an initiating report and set a price target at $4.80. ZAP develops, acquires, and commercializes advanced technology vehicles and alternative energy products.
In the Report, which is free for a limited period of time on eResearch's website, www.eresearch.ca, the analyst commented that ZAP's "principal revenue growth will come from the exclusive purchase, license, and supply agreement...to distribute the SMART Car in the U.S.A.".
With oil prices near historical highs the analyst added the product launch "is very timely". The Car, designed by Swatch and Mercedes Benz, has enjoyed considerable success in Europe since 1998.
eResearch is an independent equity research firm that can be commissioned by anyone to provide research. Clients include institutional and retail investors, investment dealers, limited market dealers, and corporations. It does not trade in the securities of the companies it covers or accept any stock related compensation for its research services. It conducts no investment banking or investor relations services for the companies it covers. ZAP paid eResearch a fee of US$6,135 to conduct research on it.
newswire.ca
newswire.ca
For further information
Contacts: ZAP, Steven Kim, (707) 525-8658, email: skim@zapworld.com, Website: www.zapworld.com
eResearch, Glenn Cooper, (416) 933-8290, email: gcooper@eresearch.ca, Website: www.eresearch.ca |
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