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That's what it means. The distributor is sent some sample bulbs to be used by consumers, residential or business probably, from there the orders will arise. If the distributor deems it necessary they do not have to make an order, they do also have the right to say when, how many and what kind of bulbs are to be sent from Zevotek's factory. The $1.1 mil is a tentative order to have the factory producing the bulbs to be ready for shipment when the shipment is required by the distributor.
Depends on progress made in the next couple weeks...no news then 15s at least...pr's keep coming maybe low 20s is the next support with some pops to 40s...heh, who knows...
I remember that one...been awhile since it hit 50s...like to see it again...maybe it'll run on the news for airtimes next month or heck, while we're wishing maybe on the next pr...
It is time! I like that too...
Would be nice to get an a late afternoon pop. Power Hour mayhaps!
Would love to see it...I'll just set back, pop some popcorn and grab the remote so I can relax and watch the show.
We're going to if this thing is to go back to pennyland like everyone wants. This one doesn't run on air and barely runs on good news. We'll see a few pops along the way as long as the small things keep falling into place but, the major run is going to need more than the few dollars IHub members can throw at it.
I don't disagree that alot of IHub support could help this stock...some...not to the point that it takes off to pennyland especially on this type of news. This is news about a distribution company wanting to be ready if there are sales to be distributed. They are paying with blank letters of credit and are still in the process of seeking any regulatory approvals needed in the contemplated market. To me this means, just as it does in Europe, there are interests in the ionic bulb in these markets but sales remain to be seen yet. When we see actual sales and $$$ for the company come into play, we will then see the pps pop...alot...IMHO.
Thats's the lamest thing I've ever heard...The news was about $1 mil in bulbs to another distribution company for Asia, this time. It's about like the one for the $1 mil from Media Shop for European distribution. Before the big bounce comes, I think we will need to have infomercials shown in the USA and start seeing news of SALES from these markets in Europe, Asia and United States, IMO.
Here's my opinion for what it's worth...
You have to take a leap of faith sometimes in order to benefit the reward of patience.
Yes the AS was raised but, that doesn't mean the shares definately will be issued. The company will have them in case they need money of course but, who's to say they will need said capital to get the infomercials on the air? Not me, not you, not anyone...Adam Engel won't benefit by flooding the market with huge amounts of issued shares, not compared to the reward from the sales potential of this bulb in the next few years. This will play out soon and it will succeed if all the small things along the way fall into place, which, I'd have to say, they are. Remember, just yesterday a pr came out about the call center agreement with Teleperformance for placing orders for the large call volume expected from the infomercials. Also, Star Funding's agreement with Zevotek ends this Friday the 23rd. So, we should be seeing something on that next week or so. November is just around the corner and I would hope to see some airtime pr's mid month or so and see the infomercials aired by EOM. IMHO.
Sometimes you just have to believe.
For me, the risk/reward factor is too spread apart, small amounts of risk with enormous potential. I for one will be accumulating shares, as I can, as others sell in fear.
Yup.
I'm not sure yet, actually.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 14, 2009
ZEVOTEK, INC.
(Exact name of registrant as specified in its charter)
Delaware 333-137210 05-0630427
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
134 Cedar Street, Nutley NJ 07110
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (973) 667-4026
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
--------------------------------------------------------------------------------
Section 5—Corporate Governance and Management
Item 5.03 Amendments to Articles of Incorporation or Bylaws: Change in Fiscal Year.
On October 14, 2009, we filed an amendment to our certificate of incorporation with the Delaware Secretary of State to: increase the Corporation’s authorized common stock from 1,000,000,000 shares to 5,000,000,000 shares. This amendment was unanimously approved by our board of directors and by a majority of our stockholders by written consent.
Section 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
Exhibits.
4.1 Certificate of Amendment to Certificate of Incorporation
--------------------------------------------------------------------------------
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ZEVOTEK, INC.
(Registrant)
Date: October 16, 2009 By: Adam Engel
Adam Engel, President and Chief Executive Officer
--------------------------------------------------------------------------------
CERTIFICATE OF AMENDMENT
OF
CERTIFICATE OF INCORPORATION
OF
ZEVOTEK, INC.
Zevotek, Inc., a corporation duly organized and existing under the General Corporation Law of the State of Delaware (the “Corporation”), does hereby certify the following:
I. The amendment to the Corporation’s Certificate of Incorporation set forth below was duly adopted in accordance with the provisions of Section 242 of the General Corporation Law of the State of Delaware and thereafter was duly adopted by the consent of the holders of a majority of the outstanding voting stock of the corporation in accordance with the provisions of Sections 228 and 242 of the General Corporation Law of the State of Delaware.
II. Article FOURTH of the Corporation’s Certificate of Incorporation is amended by deleting the first sentence thereto and inserting the following in lieu thereof to read as follows
“The total number of shares which the Corporation shall have authority to issue is 5,010,000,000, consisting of 5,000,000,000 shares of common stock, par value $0.00001 per share (the “Common Stock”) and 10,000,000 shares of preferred stock, par value $0.00001 per share.”
IN WITNESS WHEREOF, the undersigned hereby duly executes this Certificate of Amendment hereby declaring and certifying under penalty of perjury that this is the act and deed of the Corporation and the facts herein stated are true, this 13 th day of October, 2009.
ZEVOTEK, INC.
By: /s/ Adam Engel
Adam Engel, President
Nice day Capesters...let's see if we have some ask slappin tomorrow too...
Didn't happen today but, it will soon enough, IMO.
10-4, just wanted to make sure it wasn't just me.
Did anyone else click on the "more details" link on that web page showing Dalton...It gives me an error page for more details...
You guys smell hair burning?? Yooowwww!! It's me, I'm thinking too much crazy stuff again!! *flails*
It would be nice if we get some good volume this afternoon.
Think about this...DNPI released news to get pps up. While Og's idea of dilution is being performed to a smaller extent to keep CYSG's pps down so it won't rocket off into oblivion yet. Maybe DNPI releases another pr early next week for an attempt of a dollar pps, later in the week or the next week, while they see if DNPI's pps continues to rise, CYSG releases a pr of a merger or becoming a subsidiary, or division if you will, of DNPI. DNPI now has alot of new buyers involved and after the merger news, or however they do it, all the new prospective eyes turn to CYSG and start doing DD and find the same thing we have all found, CYSG is way undervalued and BAM, CYSG takes off and runs crazily!
That's what I believe...DNPI released news to get their pps up some while our CYSG pps acts the opposite to make the merger look better regardless of who comes out on top. I really believe we will see news about a merger for us next week, IMO.
Maybe they need the pps down FOR the merger, anyone think this is a scenario for the pps being whacked?
This info comes from where? Your opinion? Or if not, provide some proof please.
filled some 22s also. Release the hounds!
No worries...I asked because I also thought that it might be showing that but wasn't sure. I don't listen to any of it most of the time unless it's proved..so thanks ;)
Dude!...you freakin mesmerized me with that wild & crazy TA...I thought I was hypnotized for a few minutes and was hearing a subliminal message whispering..buy..buy..buy. Nice job Midas! thanks!
Thought thats what you meant, but wanted to make sure...thanks
And the green?
Smoke cigs around the bulb and see if that works I guess... I know from the spec on the patent that the bulb does use less energy though.
I'm not in line for any 2s, that's exactly what's wrong with this stock, bid sitters. If they would start slappin that ask this thing would get through those 3s and start moving up.
What's up is your bid sitting...slap that ask!
@capesystemseuro.com...yep!
"In Other Words, The Current S/O Could Hit 2BIL Followed By Another Reverse Split, To Finance Operations. JMHO"
Keyword here is "could". Any pinkie COULD reverse split but, we'll have to see, like I said, if the informercials go off in November without a hitch, then I believe sales will follow right behind.
Yep, he said he had no reports from Europe yet when I asked him about sales there. I don't know if the infomercial for Europe is airing yet. They had put out a PR in July, I think, about finishing one for that market. I do know that several countries have banned the run of the mill light bulb there and the ionic bulb fits the bill for the new reqs.
I agree with you, I didn't like share count too much but, pinkies do that. I don't think it will be a factor if the infomercials start airing.
I sent an email to pdpr@sbcglobal.net to try and find out anything on Pediatric Prosthetics, Inc. filing of the 15-12G on Oct. 8th. I'll post if I get an answer back. I think I'm going to try to call them tomorrow if I don't have an answer back by mid-morning. The number I found is (866) 582-0966 off the investor relations website http://www.ppipdpr.com/
The only assurance we have as of now is a phone call to the CEO from myself and rookieman1 asking that very question. The answer was "Yes, the infomercials will start airing in November 2009. We are now tweaking the infomercial to the way we want it to air". These calls were both made last week and posted on this board. Sometimes you have to take a leap of faith in things, IMO, but you can call Mr. Adam Engel yourself if you'd like. His number is 201.394.8684, public information.
Look guys...leave rookieman1 alone please, he has been involved with this stock for quite awhile and was just as enthusiastic as the rest of us until the filing yesterday. He deserves to have his own opinion as we all do about that but, there is no reason to call him a pumper or a basher It is his money he's invested, not yours or mine. He has wished us all good luck so leave it at that and hopefully, as rookieman1 also put it, we will make money regardless of what happens on that Feb. target date. GLTA, and pray the infomercial makes it to tv-land in america.
Yeah, I'm gonna hold awhile for now and see if the infomercial comes out, thanks Rookieman...enjoyed it...see you on the next one somewhere, good luck to you in all your endeavors.