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Jagman

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Jagman

Re: TRCPA post# 11007

Thursday, 08/11/2005 6:46:57 AM

Thursday, August 11, 2005 6:46:57 AM

Post# of 53980
TRCPA, I just wonder why ZEO didn't mention it in the PR, it is significant info for investors that ZEO has to split the profits (losses), IMO.

"Under the agreement, a new company, United Zeolite Products Ltd. (UZP) will be formed with each party contributing equipment, raw materials, and contractual rights respectively. First American Scientific Corp. will own 1/3 of the outstanding shares of UZP and will manage the operation of the Princeton plant. All profits from the joint venture will be divided equally amongst the 3 parties."

Or is it 4 partners with 1/4 of the shares? Usually these guys pump each other up, but no PR from FASC either.


Cash is King until further notice!!!

My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.

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