Email from ZNAE CEO:
Many thanks for your email and my apologies for the brief delay in replying to you, however I am currently travelling on business.
The current situation in respect of ZANE at present is that I acquired control of Zane (with approximately 80% of the stock) just over 5 years ago.
ZANE was formerly one of the leading educational CD-ROM publishers in the United States. I acquired ZANE with the intent of delivering their content online. Literally 2 months after I acquired control of the company the initial Internet bubble burst and my plans were put on hold. Since that time Zane has retained ownership of its assets but has been only been trading in a limited capacity.
Within the last months I have decided that the market is now more favourable and am planning to take ZANE forward. As a result I am in the process of reviewing a number of projects with a view to potentially reversing those opportunties into ZANE.
ZANE currently owns assets and it is important that whichever project(S) are selected, are compatible with, and will benefit and enhance both ZANE's assets and it's reputation in the marketplace. In due course we will be making announcements in respect of those developments.
In respect of the other information that you requested, I have our legal and financial advisors currently updating all statutory records. I will however access that information and provide it to you at the earliest opportunity. Meanwhile I will add your email to our investor list and will provide you with all new information as it comes to hand.
I would thank you again for your enquiry and shall be personally be in contact again very shortly.
Kind Regards,
Nicholas Tee
Email: info@zane.com
