Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: SSP who wrote (56760)	7/27/2000 4:10:41 PM
From: herry iball	Respond to of 150070

ZAPP: Donner Corp. International Reiterates Speculative Buy Rec B: Donner Corp. International Reiterates Speculative Buy Recommendation on ZAPWORLD.COM SANTA ANA, Calif., Jul 27, 2000 /PRNewswire via COMTEX/ -- The following is being issued by Donner Corporation International, a member of the National Association of Securities Dealers, CRD number 37702: Donner Corp. International, an Investment Banking firm headquartered in Santa Ana, Calif., today reiterated its Speculative Buy Recommendation on ZAPWORLD.COM (Nasdaq: ZAPP), Sebastopol, California. ZAP is one of the world's leading companies in the light electric vehicle industry, emphasizing vehicles such as scooters, bikes and other personal electric vehicles. Donner said it is reiterating its Speculative Buy based on a number of positive announcements from the Company, including: -- Listing on the NASDAQ SmallCap exchange. This gives significantly more visibility to the Company and increases the chances of attracting institutional investors. -- Appointment of John R. Dabels as President. With more than 25 years experience in the automotive industry, including as Director of Marketing for the Buick Motor Division and Director of Worldwide Market Development for a major General Motors program, and with 10 years experience in the electric vehicle industry, ZAP has chosen a president dedicated to making the Company dominate in personal electric vehicles. -- Announcement that the Company has $3 million in proceeds from a preferred stock sale to help finance its growth plan for the future. -- Announcement that orders in hand has topped $1.5 million, a Company record. -- Continued strong publicity, including major stories in USA Today, The New York Times, and other important publications. -- Acquisition of Aquatic Propulsion Technology, a Florida company that manufactures and markets electric scooters used to pull a diver or swimmer through the water. -- Name brand leadership in the fast growing scooter market -- ZAP's market valuation is much lower than similar Alternative Energy Companies including Electrosource, Inc (Nasdaq: ELSI), Unique Mobility, Inc. (Amex: UQM) and Manhattan Scientifics, Inc. (OTC Bulletin Board: MHTX) "We continue to believe ZAPWORLD.COM's stock is undervalued. The Company is in a good cash position, reported record orders and gaining recognition in the market. We believe listing on the NASDAQ SmallCap will take ZAPP to a new level," Donner said.