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Re: int10a post# 41549

Wednesday, 08/17/2016 6:47:23 AM

Wednesday, August 17, 2016 6:47:23 AM

Post# of 47873
Since Zapata Industries SAS is a newly formed company, does the sponsorship income that Ford pays Zapata Racing or Zapata Entertainment get transferred over to this new venture or do they get to keep it?

Do Zapata Racing's ( water based products ) liabilities and assets get transferred over to this new Zapata Industries company?

Do the patents currently assigned to Zapata's "PWC" company or "Zapata Holding" ( as noted on the ownership of each of the published patents ) get transferred to the new Zapata Holding company and become part of the value for IMSC shareholders? Or will there be a licensing agreement made where the actual IP remains in the hands of an outside corporation?

Do Seth Gerszberg's water jetpack patents from JLIP and Jetlev and other companies get transferred in as well?

As it currently sits, Zapata Industries is a shiny new company with no history or assets and a dynamic flying daredevil CEO. There are many Zapata companies, many with history, which one is IMSC merging with?

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