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Re: 21ZNA9 post# 2155

Monday, 08/22/2011 9:15:54 AM

Monday, August 22, 2011 9:15:54 AM

Post# of 2187
As disclosed to Nortel at the time of such purchase, ZIPL has approximately $1 million in net assets and owns a patent (US Patent # 7,672,998) for a SPAM product which may or may not be of value. As a result of such purchase, the Zachs Family now owns a total of approximately 9 million shares, or 71% of the outstanding common stock of ZIPL, and is interested in purchasing any and all of the remaining approximately 3.7 million outstanding shares of common stock of ZIPL held by the public. The offer to purchase is at a price of $0.065 per share and will remain open until at least 5 p.m. on September 19, 2011. Anyone owning shares of common stock of ZIPL wishing to participate in the offer can sell their shares through their own broker.

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