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Gold/Mining/Energy : Zeus Energy - ZUS on VSE going up
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To: Alan J. Levie who wrote (212)9/8/1997 10:49:00 AM
From: Doug McFaul   of 233
 
In terms of the amalgamation, it should not make any difference at all. Both companies have approximately 7 million shares out and they have an equal interest in all the properties. The only thing different is that ZUS does have a 25% interest in a few gas well in Atoka County. These bring about $1000 in revenue per month to ZUS. Amalgamating the two companies just makes sense because it would cut down on overhead and improve the bottom line. Each shareholder of the individual companies will have the same interest in the new company.

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