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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?

To: who cares? who wrote (5706)	11/13/1999 8:19:00 PM
From: StockDung	Respond to of 10354

CragunGate The shareholders were also advised BEVEX is in the process of preparing its Form 10-SB for submission to the Securities and Exchange Commission (SEC). However, certain required information from prior years, which predates current management, is proving difficult to locate and/or assemble. As a result, the 10-SB will have to be prepared by reconstructing the information required by the SEC from the limited information available for those prior years. This has delayed the filing of the 10-SB. The unexpected delay in filing the 10-SB, will, in all likelihood, result in the stock being "pink sheeted," and possibly de-listed, which would curtail trading on the open market. 2. The appointment of the accounting firm of Jones & Jensen (Salt Lake City, Utah) as auditor of record was ratified by a majority shareholder vote.

To: who cares? who wrote (5706)	11/13/1999 8:41:00 PM
From: StockDung	Respond to of 10354

On April 18, 1997 the Company, as the assignee, entered into an Assignment of License Agreement with Katori Consultants, Ltd., a British Virgin Island, as the assignor, under which Katori assigned all of its rights and interest in the License Agreement dated April 17, 1997, between Katori and FFI (now known as Bevex, Inc.). Bevex is the developer and manufacturer of a patented in-store, self service pressure fill, mini bottling unit (the "Beverage Center"). Pursuant to the terms of the License, the Company obtained the rights to be Bevex's distributor for the Beverage Centers and optional equipment associated with the Beverage Centers on an exclusive basis in the United States.

To: who cares? who wrote (5706)	11/13/1999 8:43:00 PM
From: StockDung	Respond to of 10354

The balance of other assets of $2,009,848 at December 31, 1998 includes memberships in the Subic Bay Yacht Club valued at cost of $43,956 and the Mimosa Golf and Country Club valued at cost of $98,901 and a real estate mortgage for $250,000 for land at Subic Bay in Olangapo, Philippines. Additionally, other assets includes security deposits on office and building rentals of $25,583 and a receivable from Bevex for advances for operating expenses which was collected in 1999, and common stock classified as held to maturity of $857,143.

To: who cares? who wrote (5706)	11/13/1999 9:33:00 PM
From: StockDung	Respond to of 10354

Will ZSUN maintain its growth? What CRIM's. Who needs OIA? All from Cragun controlled companies From ZSUN 10sb Other income increased from $60,832 in 1997 to $1,124,080 in 1998, an increase of $1,063,248 (i.e. 1,748%). The increase was due to realized gains from the sale of marketable equity securities of $535,801. There were no realized gains during 1997. Additionally, the Company had unrealized gain on marketable securities of $712,438 in 1998. This stock was sold in 1999 and the gain was realized. There was no unrealized gain in 1997.