smart cars on cnbc now Anyone in this hold on if your not its not too late to get on the train!
Posted by eric23 on :
interesting
Posted by RagingBull on :
looks likes this is the next hot stock its all over the news
Posted by glassman on :
has anybody seen what the outcome of the shareholder meeting was? DEF 14A 5/16/2006 ZAP 501 Fourth Street Santa Rosa, California 95401 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS To Be Held June 18, 2006 May 16, 2006 To the Shareholders of ZAP:
The 2006 Annual Meeting of the Shareholders of ZAP (the “Company”) will be held on Sunday, June 18, 2006 at 2:00 p.m. pacific standard time at The Hilton Hotel, 3555 Round Barn Boulevard, Santa Rosa, California 95403. The purpose of the meeting is to consider and take action upon the following matters:
1.Election of seven directors.
2.Approval of amendment to the Company’s Amended and Restated Articles of Incorporation to effect a reverse stock split.
3.Approval of amendment to the Company’s Amended and Restated Articles of Incorporation to increase authorized shares of common stock.
4.Approval of prior equity compensation issuances.
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001017951%2D06%2D00018 7%2Etxt&FilePath=%5C2006%5C05%5C16%5C&CoName=ZAP&FormType=DEF+14A&RcvdDate=5%2F1 6%2F2006&pdf=
Posted by T e x on :
jeez, took me 30 minutes to find the new ticker...
the company website *might* have something...
Posted by glassman on :
i would expect it would be awhile before they can effect an RS-- IF it was even approved....
just don't fall in love with it Posted by T e x on :
sorry, misunderstood the question...
ya, r/s + increase in A/S
Posted by glassman on :
LETTER FROM THE CHIEF EXECUTIVE OFFICER
May 16, 2006
Dear Shareholders, CEO Steven Schneider ZAP Company Last year was a major year of transition for ZAP. After spending many years and millions of dollars to create a new kind of auto distribution company, we are beginning to see the fruits of our labor this year.
In the past, it may appear from a general public stand point that we over promised and under delivered.
However, now I am proud to say that our Smart Cars have finally rolled past the Federal Hurdles, and revenues for the first quarter of 2006 are now reflecting sales of these cars.
As you may know, aside from dealing with regulators, we have also been at odds with other entities that we feel have interfered with our business. We have filed a major lawsuits against these entities including Daimler Chrysler.
Despite these obstacle, we will continue to work earnestly to defend our right to being in the worlds’ most advanced and energy efficient vehicles to the USA market.
With Gasoline over $3.00 a gallon, we know that now is the time for micro cars, or ZAPCARS(R) as the general public is now calling them.
ZAP and our licensed dealers are now the only place in the USA whereby you can purchase a Smart Car and an all electric city-car the XEBRA(TM).
Our new consumer products, the ZAPPY 3, our all electric ATV’s, and our new electric motorbikes also are now giving consumers a clear alternative to high gas prices as well as the pollution and noise associated with conventional vehicles.
I can tell you first hand, that everybody is crazy about these cars. Everyone on the road is waving at you, and giving you thumbs up!
Although we still have additional obstacles to overcome, it does feel that the timing for ZAP’s vehicles is now here.
Saw on CBS this morning that they are looking to roll-out Smart Car production in 2008.
Daimler-Chrysler also recently revealed their own "mini-car".
Posted by dacollecter on :
i bought some at 1.10 this morning.
Posted by eric23 on :
<-- In at 1.23
Posted by dacollecter on :
Starting to move higher.
Posted by BillyB on :
Very glad to get in at 1.12
I think I'll keep accumulating this one; still looks like it could take off any day.
Posted by eric23 on :
looking for a big bounce Friday
GLTA
Posted by RagingBull on :
with all the hype this is getting on the news this stock should have a nice spike today if not next week when investors get more familiar with ZP
Posted by eric23 on :
MORE NEWS ON THE WAY, GET IN BEFORE THE FOURTH!
Posted by Peaser01 on :
They were mentioned on CNBC a month or two ago and the pps didn't react to it as I thought it would.
![[Wink]](wink.gif)
![[Smile]](smile.gif)
this morning.