Replies to post #1121 on NZCH Corp. (fka ZPCM)

[Big Brother]

To me, based on the verbiage, it sounds 50/50 they could liquidate and sell the assets(ie shell)or find a merger/acquisition candidate, there is nothing to me that would indicate them just giving up and cease filing or anything like that so I would not see it as anything to worry about IMO.

The Company was incorporated in Nevada in 1999 for the purpose of creating and operating a global network of independently owned web sites. HRG Group, Inc. (our “Principal Stockholder” or “HRG”) owns approximately 98% of our outstanding common stock. Currently, we have no business operations, other than complying with our reporting requirements under the Securities Exchange Act of 1934. While we may search for assets or businesses to acquire, we expect that we will in the future wind-down and/or liquidate our operations.

As of September 30, 2016 , we had a cash balance of $862,603 and owned certain other intangible assets to which we ascribe no value. We believe that we have sufficient resources to satisfy our existing liabilities and our anticipated operating expenses for the next twelve months. Until such time as we actively pursue a business combination, asset acquisition or liquidate our operations, we expect these expenses to consist mainly of general and administrative expenses incurred in connection with maintaining our status as a public reporting company. We have no commitments for capital expenditures and foresee none, except for possible future business combinations or asset acquisitions. In order to effect a business combination or asset acquisition, however, we may need additional financing. There is no assurance that any such financing will be available or available on terms favorable or acceptable to us.