SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Zmax (ZMAX)/New Year 2000 play
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John M. Bozeman who wrote (33)12/29/1996 11:26:00 AM
From: Barry Ehrlich   of 370
 
I'm new to this one, but i was interested enough to contact Tom Bostic at ICC, which handles investor relations for the company. Since this is a new company still traded on the Nasdaq bulletin board, they still haven't filed a financial statement with sales and earnings. Tom Bostic informed me that there may be a filing in January/February, but my recollection is that he wasn't certain about this. There are approximately 6 mission shares outstanding (dilution?).

Another piece of info. I'm not sure if this is out here yet. This company came into existence as follows:

SAN DIEGO, CALIFORNIA, Aug. 28 /CNW/ - MEDITERRANEAN OIL CORPORATION
(the``Company'') announced today that it has completed its name change to
``ZMAX CORPORATION'' effective as at August 9, 1996.
The Company further announced that it has instituted a 1 for 80 reverse
stock split effective as of July 23, 1996. The Company still further
announced that it has obtained private financing which will bring about a
substantial reduction of its outstanding debt.
The Company continues to actively seek a favorable merger with an
operating company.
The Company's new CUSIP NUMBER is 98974T1O2 and its new TRADING SYMBOL is
``ZMAX''.
The Nasdaq Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.

article can be found at
newswire.ca

i am attempting to research Meditteranean Oil but have not uncovered much yet. Any help? Strangely, the board of directors of ZMAX seems not to include any representatives of the investors group behind MO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News