Not really interested in zero dollar value trades. More interested in CEO announcements and places where you can actually buy product. Any ideas where that info is available?

This has long been exposed as a fraud. I am surprised anybody is willing to claim anything else.

Nothing matters as anything this company puts out is a lie - unless they tell you they are diluting again.

44,000 shares and $0.06 is not exactly huge investing taking place. Less than $2500.00

2018 at the earliest and those are for the first wells. With the owners here having interest in some bigger wells I would imagine this one is not top priority.

There are no buyers so sellers do not line up. do not take the L2 depth as a sign of where the shareholders stand. In the pinks MM's don't even have to post their orders.

Minor details.

Sorry, that was NOT in the post I responded to hence my question. I thought it was a simple question based on what was disclosed IN THAT POST but apparently not.

Has there been a good 10K out of this company yet?

The consulting deals were ended last month right? Maybe they can at least file that they once again extended those contracts and have sold off shares to pay off those consulting deals up front.

Based on past performance, this could be the start of going into non-disclosure hell and SEC de-registration. In 2010 this grouping of executives had only 3 of their spiders become de-registered for lack of updated financials.

Did you look at the post i responded to? I did not see any disclosure stated in that post - do you?

Any disclosures from this penny stock promoter relative to holdings or compensation in/from ZLUS or ZLUS shareholders?

http://sec.gov/divisions/enforce/delinquent.htm

It depends how securities are registered. By your logic the delinquent filer program at the SEC would never revoke the registration of any company.

ZLUS falls under a fully reporting status.

According to the SEC this is a reporting company. They are obligated by law to report or risk revocation of their shares (i.e. grey markets). It is not the market that dictates whether a company has to report to the SEC. I suggest you review the SEC website (delinquent filer section)regarding revocation of registration for non-filing at a pink sheet level.

Trust me, you don't want that.

They already did. I suggest you read their press release telling you what you would be informed of the week of January 3rd. The new executives had no problem setting up the hype but they certainly failed at the delivery. Ault prodigy.

They have 3 quarters to file to get current. good luck considering they have done nothing since august and in august only filed for december 2009.

I agree. facts are certainly lacking.

To each his own. I have my own FACTS to work with.

I suggest you read the filing made in august of this year. The ZLUS 10K identifies 12 month revenues at $65,000. i am sorry if you dislike those facts but those are the facts as presented by the company.

In your opinion of course.

Cracked

Rhodes is small time. Do not expect much from them.

this company is capital limited which is not good for investors. I am absolutely dismayed at why they announced a buyback when they can not even make a buck. Red Flag!

trade for trade is in lieu of continuous net settlement.

I have expressed my concerns.

1. Rainbolt is not "new management" as he worked for Ault and was a director as early as Dec 2009.

2. My call to University of Oklahoma could not confirm Rainbolt's degree. provided number called and person spoken to.

3. The company was a sham shell prior to this so why the reported sale to Angel Acquisitions ( SEC enforcement history) of a BS division.

4. Where did the money infuse in from to orchestrate this considering there was ZERO revenues/cash to work this deal. If Rainbolt brought in all the financing to do this deal it came at a cost - dilution.

Unfortunately these are issues no investor wants to openly discuss. Pie in the sky is easier.

Interesting that she did not reveal much to me either and cited specific laws that prohibit her from disclosing such info due to contractual obligations and proprietary information.

And as validation that I spoke to her, I reported it here shortly thereafter.

I agree. Interesting that this new executive team ignores securities laws like the past executive team. This team can certainly pump out press releases to get the stock rocking but they can't get their registration in order, their quarterlies in order, or their material events in order. The last quarterly filing made by these new company officers was in August 2010 representing quarter/year ending December 2009.

yes they would start with this as they do with many CUSIP changes. But this is not a CUSIP issue so this does not work in settling issues involving unregistered securities.

The DTCC does not want the legal liability of trading shares not registered thru the SEC.

Working interest is created when a mineral owner leases his or her minerals. That portion of the leased minerals not reserved as royalty is working interest. Working interest pays all of the costs of a well from beginning to plugging and abandonment. Working interests owned by the operator are operated interests. Working interest owned by others that do not operate is non operated working interest. There is no difference in liabilities for one or the other. As a working interest owner you are liable for your portion of all costs. If a well blows out and damages property around a well, you are responsible for your proportional part of that damage.

Royalty is everything that isn't working interest. Landowner royalty is that royalty reserved in a lease by a lessor or mineral owner. Non Participating royalty is a royalty interest created by the owner of the minerals and may be for a specific term or forever. Overriding royalty interest is a royalty interest created by the Lessee, wherein the lessee creates a royalty from a portion of the working interest and assign it to another party. It expires with the lease under which it was created.

I see that there exists a few red flags this management team needs to address personally.

Do these new guys understand the laws regarding public disclosure of material events?

no problem.

try looking at the filing BEDA made to Pinksheets.com.

Nope. The news has gone stale and so the pump and dump is over.

I love all those promises of PR updates and buyouts. this is just more status quo on a company that is selling shares on the news.

Amazing isn't it. I think you should call in the analyst and get a new "potential valuation" to get this thing rocking and rolling again.

Oops - never happen!

np

no, if they short EOD they have to set aside capital the next day which limits their trade allowances.

If anything they cover EOD.

Market makers rarely carry a trade thru the day because of what it means to them relative to net capital reserves. To carry the position overnight means they have to set aside margin.

Read up on Bona-Fide Market making and riskless principle trades.

Market makers don't have to worry about shares available in a margin account. They carry an exemption which means they do not have to locate and they do not have to borrow when shorting in a riskless principle trade. It is a trade marked short exempt.

not really