ZONE Reports Loss of Chairman and Assets
Tuesday , April 09, 2002 08:30ET
Omni Nutraceuticals Inc (OTCBB: ZONE) released an 8-K Monday reporting the loss of both its Chairman and its assets.
On March 29, 2002, Andrew Vollero, Jr. resigned as Chairman of the Board. Mr. Vallero did not cite his reasons in his resignation letter.
On April 5, 2002, the Company received a Notification of Disposal of Assets letter from its primary lender, First Source Loan Obligations Insured Trust. The letter consists of all the property of the Company.
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