To: Frank_Ching who wrote (7290 ) 4/6/2000 10:33:00 AM From: Sir Auric Goldfinger Read Replies (6) | Respond to of 10354
"Math Test for ZSUN's IDIOTS (International & Domestic Investors Oblivious To Scams). 1. On January 6, 1997, the Company sold 10,000,000 (post-split adjusted) restricted shares of its common stock pursuant to Regulation S of the Securities Act of the 1933 Act to non-U.S. foreign corporations, at a price of $0.10 per share, for total cash consideration to the Company of: a) $1,000,000 b) $500,000 c) $10,000,000 d) Insufficient information is provided to answer the question e) None of the above The correct answer, according to ZSUN's amended 10SB is (b) $500,000 tenkwizard.com . 2. On February 3, 1997, the Company sold 20,000,000 (post-split adjusted) "unregistered" and "restricted" shares of its common stock to several non-U.S. foreign corporations, at a price of $0.10 per share, for total cash consideration to the Company of: a) $2,000,000 b) $1,000,000 c) $10,000,000 d) Insufficient information is provided to answer the question e) None of the above The correct answer, according to ZSUN's amended 10SB is (b) $1,000,000 tenkwizard.com . 3. In July 1997 the Company authorized the private placement of 2,000,000 (post-split adjusted) shares of the Company's common stock at a price of $2.50 per share. The Company sold a total of 259,988 (post-split adjusted) shares and received: a) $649,970 in cash from this private placement. b) $324,984 in cash from this private placement c) $10,000,000 in cash from this private placement d) Insufficient information is provided to answer the question e) None of the above The correct answer, according to ZSUN's amended 10SB is (b) $324,984 tenkwizard.com . "