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

To: Coachman who wrote (6117)	12/17/1999 9:52:00 AM
From: StockDung	Read Replies (3) \| Respond to of 10354

Coachman, don't you get it? There are only 2 possibilities here: 1. The "IPO" was delayed until July. Real IPOs can get pushed out, so why cant fake crim ones like this "IPO" have been pushed out? 2. The "IPO" was in May, and stuckholders bought in at $5.00, then a few short months later the company did a private round at $1.24. This would imply that the "IPO" pricing in May was completely arbitrary, and that favored investors got shares at $1.24, while suckers got shares at the "IPO" price. Either way, Coachman, it stinks on ice. Furthmore, are you forgetting the stock split? You have to look at the stock sales on a split adjusted basis. That would make the original amount of shares DOUBLE, so not 1m but 2m, and the price would be halved, so not $5.00 (the "IPO" price) but $2.50. However a split DOES NOT change the absolute dollars received, in this case $324,984. Coachman, the evidence is piling up, the numbers are from ZCrap's own filings. Since you obviously will not believe me, most likely because you are a tout or an insider, I am asking you to believe THEIR (Your?) OWN WORDS.

To: Coachman who wrote (6117)	12/17/1999 11:05:00 AM
From: StockDung	Read Replies (1) \| Respond to of 10354

Here comes ZSUNE; Maybe by Christmas the right audited financials will be here for the third time. So much better with music files.midifarm.com Here comes ZSUNE (DOO doo ca ca) Here comes ZSUNE And I say It's all wrong Foolish lemming It'll be a long cold lonely winter foolish lemmings When you have to goto the pinks to sell your shares Here comes ZSUNE (DOO doo ca ca) Here comes ZSUNE And I say It's all wrong Smart shorters The smiles returning to the faces Smart shorters They've found a broker with plenty of shares Here comes ZSUNE (DOO doo ca ca) Here comes ZSUNE And I say It's all wrong ZSune, zsune, zsune, here it comes Foolish lemmings Keep posting them fluff press releases Foolish Lemmings Maybe by Christmas the right audited financials will be here Here comes ZSUNE (DOO doo ca ca) Here comes ZSUNE And I say It's all wrong Foolish lemming I feel that ice in your brain is slowly melting Foolish lemming Will it melt in time for you to get clear Here comes ZSUNE (DOO doo ca ca) Here comes ZSUNE And I say It's all wrong Here comes ZSUNE (DOO doo ca ca) Here comes ZSUNE And I say It's all wrong

To: Coachman who wrote (6117)	12/17/1999 11:53:00 AM
From: StockDung	Respond to of 10354

Coachman, admit you were wrong about Frisky when you called him a basher and defamed him. He was right on. ragingbull.com By: frisky Reply To: None Friday, 17 Dec 1999 at 11:40 AM EST Post # of 14861 I have just briefly examined the new 10sb filed on 12/16/99. This time ZSUN has completely overall its financial statements dated on 6/30/99. I am talking about an engine overall not just a spark-plug change. As I have criticized (I believe the SEC did the same) that goodwill was overstated. It should be written off or kept at a minimum balance. Well, this time ZSUN wrote off the goodwill from the original reported figure of $14,401,732 on 9/16/99 to $2,579,857, an astonished $11,821,875 write-off. The write-off was about 5/6th of the original figure, because 5,000,000 shares of 6,000,000 shares that issued to Scott Elder and his buddies are held in escrow. Here is how ZSUN's accountants balanced the book: They increased the other assets by $26,667, called deferred compensation (this is a questionable asset.). Therefore, the net decrease in the asset side is $11,795,208. They then increased the current liability of $375,000 (I have no idea what this means. ZSUN did not explain.); decreased Common stock, $5000 ($.001 par value *5,000,000 shares); decreased additional paid-in capital by $12,455,000; increased retained earnings by $289,792. The net decreased in the liabilities and owners' equity side is $11,795,208. It appears that ZSUN was trying to massage the figures in order to please the SEC. I am not sure that SEC will like it or not. You should be the judge. ZSUN also mentioned that the contingent shares, one ZSUN share for $1 OIA profit is based on the profit before interest, depreciation and income tax. Therefore, you can expect more diluted shares will issue. Since 1998 financial statements were "audited", Jones & Jensen has to bite the bullet. They only inserted the deferred compensation in the other assets (done in the 10sb filed on 11/16/99); listed the non-cash flow financing activities including deferred compensation, common stock held to maturity, membership of country club, in the cash flow statement. ZSUN also retracted the shares used for computing basic EPS to 22,055,000 on the income statement ended 6/30/99. I believe that the last 10sb was rejected immediately. ZSUN probably took more than two weeks to modify. The touts lied to us that the last 10sb should be approved in two or three weeks.

To: Coachman who wrote (6117)	12/17/1999 4:06:00 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 10354

Gee I wonder who this is: "On May 1, 1997, Momentum Asia entered into a Loan Agreement with Touchstone Transport Services, Inc., a Philippines corporation under which Momentum Asia made a loan of US$250,000) to Touchstone. Said loan is secured by a Real Estate Mortgage against certain real property located in the City of Olongapo, Philippines. The loan accrues interest of five percent (5.0%) per annum payable at the end of each year. The loan has a maturity date of five (5) years from the 19 <PAGE> date of the loan. After the first anniversary date of the loan, the principal of the loan or fifty percent (50%) of the appraised value of the property which is the security for said loan shall be due and payable on demand. Based on this demand provision and the value of the property securing said loan Momentum Asia determined that the loan was a good use of the cash resources of Momentum Asia. On August 20, 1999, Momentum Asia agreed to extend the loan repayment date by an additional ten years, and consented to the real estate being leased to an outside developer. The borrower agreed to pay Momentum Asia, US$75,000 for the extension and consent by September 30, 1999. Copies of the Loan Agreement and Real Estate Mortgage are attached hereto and incorporated herein by this reference. See Exhibit Index, Part III.

To: Coachman who wrote (6117)	12/20/1999 5:48:00 PM
From: Francois Goelo	Respond to of 10354

ZiaSun Technologies, Inc. v. Floyd D. Schneider, et al. ------------------------------------------------------- from the 10Q recently filed by ZSUN, just as if they were fully REPORTING... The company was a party Plaintiff in the matter of ZiaSun Technologies, Inc. v. Floyd D. Schneider, et al., United States District Court, Western District of Washington, C99-1025. This action arises from the defendants alleged defamatory campaign against the Company and its officers and directors, This alleged cybersmear campaign involved the defendants postings of statements about the Company and its offices and directors which are alleged to be false and defamatory.. The Company alleges that the defendants were and are knowingly posting false statements with the intent on negatively impacting the Company's stock prices in order for defendants to benefit financially in short selling. To protect the Company, its shareholders and its officers and directors, on June 24, 1999, the Company filed a civil action in the United States District Court of Washington seeking damages and injunction relief, alleging among other things, Securities Fraud through the defendants posting of false and misleading defamatory statements, violation of the Washington Consumer Protection Act, Intentional Interference with Business Expectancy, Violation of Federal RICO Statute 28 USA Sec. 1962, and violation of Washington's Criminal Profiteering Act. The matter is pending at present time.

To: Coachman who wrote (6117)	12/20/1999 6:01:00 PM
From: StockDung	Respond to of 10354

Coachman, just so you know where the $5 IPO memorandum stock price was trading at that time I give you the approx price of $2.40 per share. freeedgar.com > ZIASUN TECHNOLOGIES, INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements September 30, 1999 and December 31, 1998 NOTE 9 - STOCK OPTIONS On May 30, 1997, the Company gave its vice-president the option to purchase 100,000 shares of its common stock at $2.00. At the time of the granting of the option, the stock was trading at approximately $2.40 per share. Accordingly, a deferred asset and contributed capital of $40,000 was recorded for the excess of the trading price over the option price. The shares vest in 25,000 share increments for each year of service beginning in 1999. The Company will record as expense the difference between the option price and the value of the shares at the time they vest over the next 4 years.