Creature's Roots Style Picks

[Creature_Of_Habit]

ZNOM another sleeper/longterm play I am trying to accumulate cheapies on

ZNOM News from Feb. 10th: The bold part I find interesting if you look here http://www.cherrytree.com/news/news.htm you will see some of the companys affiliated with Cherry Tree Financial.

Znomics, Inc. Announces Issuance of Controlling Interest in Company
Date : 02/10/2010 @ 2:29PM
Source : GlobeNewswire Inc.
Stock : Znomics, Inc. (ZNOM)
Quote : 0.0285 0.0 (0.00%) @ 2:05AM


Znomics, Inc. Announces Issuance of Controlling Interest in Company

PORTLAND, Ore., Feb. 10, 2010
GLOBE NEWSWIRE

Znomics, Inc. (OTCBB:ZNOM) today announced the issuance of 75% of the fully diluted capital stock of Znomics to affiliates of Cherry Tree, a financial advisory firm offering investment banking, investment management and wealth management services based in Minneapolis, MN (collectively, the "Purchasers").

Znomics issued 40,811,886 shares of common stock to the Purchasers for total consideration of $125,000, paid in cash at closing.

The stock purchase agreement and related transactions were approved by the Board of Directors of Znomics and by shareholders who owned a majority of the outstanding shares of Znomics common stock prior to the issuance of the new shares.

Znomics is currently a "shell company" as defined by the Securities Exchange Act of 1934. It is expected that the Purchasers will use Znomics to acquire an operating business, but no specific acquisition discussions are under way and the Purchasers expect the acquisition process could take several years.

As part of the transaction, the shareholders have elected a new Board of Directors, which includes Tony J. Christianson and Gordon F. Stofer, founders and co-managing partners of Cherry Tree, John C. Bergstrom, managing partner of RiverPoint Investments and Kerry D. Rea, former Chief Financial Officer of Znomics. The new Board of Directors appointed Mr. Christianson as Chairman, Mr. Stofer as Chief Executive Officer and David G. Latzke, a Managing Director at Cherry Tree, as Chief Financial Officer and Secretary.

Simultaneous with the issuance of this press release, Znomics filed a Form 8-K with the Securities and Exchange Commission outlining the acquisition and related transactions, including exhibits.

Forward-Looking Statements

Certain statements found in this press release may constitute "forward-looking statements," which reflect the speaker's current views with respect to expectations and future events and include any statement that does not directly relate to a current or historical fact. The forward-looking statements in this press release include the expectation that the Purchasers will use Znomics to acquire an operating business and the anticipated timeline for that process. Forward-looking statements cannot be guaranteed and actual results may vary materially due to the uncertainties and risks, known and unknown, associated with such statements. Examples of risks and uncertainties relating to the forward-looking statements in this release include, without limitation, the Purchasers' ability to identify a viable candidate for a reverse merger transaction with Znomics and to successfully negotiate and complete the transaction.

CONTACT: Znomics, Inc. David G. Latzke, Chief Financial Officer
952.253.6032
[e-mail]

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ZNOM Looks like we got some Harvard boys running the show: Still doing some DD, but this could be an interesting play as we see what there intentions are for the shell.

On February 10, 2010, Mark Philip and Richard Sessions resigned as directors, Stephen Kurtz resigned as Secretary and director, Dwight Sangrey resigned as Chairman, Chief Executive Officer and director and Kerry D. Rea resigned as Chief Financial Officer. On the same date, the Company appointed Tony J. Christianson as Chairman, Gordon F. Stofer as Chief Executive Officer and David G. Latzke as Chief Financial Officer and Secretary.

Tony J. Christianson, 57, co-founded the Cherry Tree family of companies, an affiliated group of investment banking, venture capital and asset management firms in Minneapolis (collectively, "Cherry Tree"), in 1981 and currently serves as the Chairman of Cherry Tree Companies, LLC. Mr. Christianson has been a director of numerous public and private companies over his career and is currently a director of Artic Cat Inc., Dolan Media Company, Peoples Educational Holdings, Inc., Ameripride Services and Titan Machinery Inc. Mr. Christianson is a graduate of Saint John's University in Collegeville, Minnesota, B.S., and Harvard Business School, M.B.A.

Gordon F. Stofer, 62, co-founded Cherry Tree in 1981 and currently serves as the Chief Executive Officer of Cherry Tree Companies, LLC. Mr. Stofer has also served as a director of Insignia Systems, Inc. since February 1990. Mr. Stofer has been a director of numerous public and private companies over the past 30 years. Mr. Stofer is a graduate of Cornell University, B.S., and Harvard Business School, M.B.A.

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Float as of 03/09/2010 according to Reuters

Reuters Company Research
Znomics Inc (ZNOM) 09 Mar 2010
Jul 2007 Mar 2010
Share Price Summary Overview Percent Price Change ZNOM S&P 500
Close Price on 3/9/10............................................. $0.08 Float (mil)............................................................... 8.440 Year to Date................................33.33.......... 58.48
Absolute Price Change on 3/9/10.............................. 0.18 10 Day Average Volume (mil)................................... 0.014 One Year......................................... NA...............NA
Percent Change................................................. 220.00% 1 Day Volume Change on 3/9/10.........................-99.39% Two Years....................................... NA...............NA
Off 52-Week High...............................................-57.89% Market Capitalization (mil).............................................$1 Three Years..................................... NA...............NA
Over 52-Week Low............................................ 627.27% TTM Price/Earnings......................................................NA Five Years........................................NA...............NA
Beta............................................................................NA Price/Earnings Current Fiscal Year Estimate...................NA Ten Years........................................ NA...............NA