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


To: Sir Auric Goldfinger who wrote (9177)8/7/2000 12:43:39 PM
From: who cares?  Respond to of 10354
 
Another day without SEC filings from ZSUN. Tick-tock tick tock.

Didja notice that back on 6-22 ZSUN put out a PR with this headline.
ZiaSun Reaches Agreement With The McKenna Group to Establish Investment Fund

Then in the PR it says
ZiaSun Technologies Inc. (OTC Bulletin Board: ZSUN), and The McKenna Group (TMG) today announced they have reached an agreement in Principle to create MKZ, a new venture fund,

ZiaSun would provide some $15 million in funding for MKZ through a combination of Cash and Stock

Not "will provide", like they're committed to it, but "would provide."

Then on 8-2 we get
ZiaSun Finalizes the Venture Fund Agreement With The McKenna Group
today announced it has finalized the Agreement with The McKenna Group to create MKZ.

So the deal gets finalized on 8-2 and there are no specifics given. That means we'll have to wait another 3-6 months to see the third quarter numbers to see just how crappy the deal is for ZSUN shareholders.

CMB