CoreStream Energy, Inc. (fka ZLUS)

[ironjericoh]

Here's your email:

CoreStream shareholders and investors,

Today news of the filing of a law suit by Zealous Asset Management against Patient Safety Technologies (PSTX) was released. ZAM is one of the entities of Zealous which was placed in the Escrow Account when the company was changed to CoreStream Energy and the business plan was shifted to complete new management and dedicated to oil and gas /energy sector. As the Escrow Account continues to settle situations and divest of those entities this suit was just one of the lingering activities deemed appropriate. The company feels very confident about this suit and if successful it's expected to yield unexpected significant benefits to the new company CoreStream and its business ventures.

I have noted that speculation is all over the place on chat broads as to the effect of this suit on CoreStream going forward. I'm told that management only sees positive results coming from it with no new downside in a worst case scenario. I personally view it as a very positive step.


CoreStream shareholders and investors,

Today news of the filing of a law suit by Zealous Asset Management against Patient Safety Technologies (PSTX) was released. ZAM is one of the entities of Zealous which was placed in the Escrow Account when the company was changed to CoreStream Energy and the business plan was shifted to complete new management and dedicated to oil and gas /energy sector. As the Escrow Account continues to settle situations and divest of those entities this suit was just one of the lingering activities deemed appropriate. The company feels very confident about this suit and if successful it's expected to yield unexpected significant benefits to the new company CoreStream and its business ventures.

I have noted that speculation is all over the place on chat broads as to the effect of this suit on CoreStream going forward. I'm told that management only sees positive results coming from it with no new downside in a worst case scenario. I personally view it as a very positive step.
. It is my bad and hard to unring bells but I'm going to try to with this feeble effort!

I would ask you to do three things for me - use this as the email about todays' law suit, 2) delete the original, and 3) please don't post the wrong number/personal number anywhere.



CoreStream Energy shareholders and interested investors,

Today news of the filing of a law suit by Zealous Asset Management (ZAM) against Patient Safety Technologies (PSTX) was released. I have included a link to the release and the text at the bottom of this message for your convenience.

ZAM is one of the entities of Zealous which was placed in the Escrow Account when the company was changed to CoreStream Energy and the business plan was shifted to complete new management and dedicated to oil and gas /energy sector. As the Escrow Account continues to settle situations and divest of those entities this suit was just one of the lingering activities deemed appropriate. The company feels very confident about this suit and if successful it's expected to yield unexpected significant benefits to the new company CoreStream and its business ventures.

I have noted today from calls received and my readings that speculation is all over the place on chat broads as to the effect of this suit on CoreStream going forward. I'm told that management only sees positive results coming from it with no new downside in a worst case scenario. It is a significant event so a PR was warranted but should suggest no changes to the plans previously announced. I personally view it as a very positive step. A successful suit could bring additional downstream dollars to CoreStream to hasten new development projects - and that's always good if and when.

As a reminder, Chris Rainbolt, CoreStream CEO, can be reached directly at 214-624-5200.

As always, let me know if you do not wish to receive such communiques in the future and I will delete you from the investor list.

Regards,

Gary

Gary Patterson
714-369-2933
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http://finance.yahoo.com/news/Zealous-Asset-Management-LLC-iw-617924739.html?x=0&.v=1
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Press Release Source: Zealous Partners On Tuesday November 16, 2010, 6:00 am EST
FOUNTAIN VALLEY, CA--(Marketwire - 11/16/10) - Zealous Asset Management, LLC, Managing General Partner for hedge funds Zealous Partners, LLC (ZP) and Ault Glazer Capital Partners, LLC (AGCP) (collectively "The Funds") filed a lawsuit in Orange County Superior Court today, Case Number 30-2010-00424948, and have retained Arash Shirdel, Esq., Managing Partner of the Pacific Premier Law Group in Newport Beach, California. Mr. Shirdel will pursue their claims against Patient Safety Technologies, Inc. (OTC.BB:PSTX - News) for breach of contract, breach of good faith and fair dealing, common counts-monies lent, intentional misrepresentation, fraud and tortuous interference, Dr. Louis Glazer, Board Member former Chief Executive Officer of PSTX.OB, major shareholder and Co-Founder of PSTX.OB, for fraud and tortuous interference, and Ms. Melanie Glazer, both major shareholder and Co-Founder of PSTX.OB for tortuous interference. Also named in the lawsuit is Stephen Bodnar a former partner in Ault Glazer Bodnar Acquisition Fund, LLC.

The suit alleges irreparable harm suffered by The Funds, Zealous Asset Management, LLC ("ZAM"), managing General Partner of The Funds and Zealous Holdings, Inc. ("ZHI"), parent of ZAM, as a result of the tortuous interference and misrepresentations made by the Glazers and management of PSTX.OB, about the financial strength of PSTX.OB and PSTX.OB's ability to service debts to The Funds. The lawsuit also alleges that due to the Glazer's controlling positions in the management of the AGCP and ZP, and as major shareholders in PSTX.OB, the Glazers were in unique positions to influence the decision making and actions of all of the companies and funds involved, often to the detriment of ZP, AGCP, ZAM and ZHI.

From 2005 to 2006, ZHI, through its wholly owned subsidiary AGCP, made loans totaling $2.4 million to PSTX.OB. ("The Loans") on which PSTX.OB defaulted. On or about March 2007, as a result of PSTX.OB'S default on The Loans, PSTX.OB approached AGCP in order to remove The Loans from default status. On or about June 2007 PSTX.OB and AGCP agreed to enter into a new agreement and remove The Loans from default status ("Convertible Note"). Shortly after entering into the Convertible Note, on or about March 2008, PSTX.OB again defaulted, this time on the Convertible Note.

In early 2008, prior to the collapse of world financial markets, Zealous Trading Group, Inc (ZLUS), the publicly traded parent of ZHI, with the full and enthusiastic support of the Glazers as ZLUS board members with control interest, made an internal decision to move into the Adult Entertainment Industry. To reflect the Company's change in direction, ZLUS changed its name to Adult Entertainment Capital, Inc. In response to and as a result of published articles, members of PSTX.OB's board and management became apprehensive of the company's affiliation with the Adult Entertainment Industry and threatened legal action if PSTX.OB's name was mentioned in association with Adult Entertainment Capital, Inc. and the Adult Entertainment Industry in general.

In order to appease PSTX.OB's board, the Glazers, as members of both the board of directors of PSTX.OB and ZLUS, urged AGCP to modify and further discount the outstanding Convertible Note (Modified Agreement). As a result of the Glazers' intimate knowledge of AGCP and with knowledge that a default by PSTX.OB on the Modified Agreement would lead to AGCP's collapse, PSTX.OB, with the approval of the Glazers, intentionally defaulted on the Modified Agreement to AGCP. PSTX.OB's intentional default on the Modified Agreement interfered with AGCP's ability to satisfy its own debts and resulted in the eventual bankruptcy of ZHI. Additionally, PSTX.OB has defaulted on preferred stock interest payments owed to ZP. After two years of unsuccessful settlement attempts and the bankruptcy of ZHI Zealous Asset Management, LLC, Ault Glazer Capital Partners LLC and Zealous Partners, Inc. have reluctantly decided to pursue legal recourse against Patient Safety Technologies, Inc., the Glazers and Mr. Bodnar.

About Zealous Partners, LLC, Ault Glazer Capital Partners, LLC and Zealous Holdings, Inc.

Zealous Partners, LLC, and Ault Glazer Capital Partners, LLC are independent Delaware Corporations and investment funds managed on behalf of Zealous Asset Management, Inc. and its parent company Zealous Holdings, Inc. whose parent is CoreStream Energy, Inc. f/k/a Zealous, Inc. Zealous Holdings, Inc. is a Nevada Corporation and a financial holding company and parent of Zealous Asset Management, LLC, a defunct company, and a wholly-owned subsidiary of CoreStream Energy, Inc. f/k/a Zealous, Inc. Zealous Holdings, Inc. is currently involved with bankruptcy proceedings.