Maybe. Last time I spoke with him after the 6/4 CC was cancelled and the 6/14 CC was still "on" he made it clear to me just like your post said this afternoon, Rainbolt has to call the shot on the CC.
Something should give soon, because the end of June is the middle of next week.
I noticed in a 10K, the share structure of ZLUS. Milton Ault III has about 22% and the Glazer Family Partnership has 22%. And there's about 15% owned by other investors and directors. The rest about 45% is us, the float. If that "Glazer Family Partnership" is the Glazers I'm thinking of, that would be billionaire Malcolm Glazer and his 5 sons. The Glazers own the Tampa Bay Buccaneers NFL football team which is just across Tampa Bay from where I live here in Florida and the Manchester United soccer team in England. Glazer took over Zapata Corp, an oil and gas company founded by George H. W. Bush in 1954, In the Early 90's, Glazer successfully diversified Zapata into fish protein and Caribbean supermarkets. Glazer is diversified in a lot of business investments. Very big. My assumption would be Milton Ault III is the one who introduced Glazer to Zealous Inc. If these are the Glazers, I think they are, they're not going to own almost 1/4 the company to lose money. And if the company were to lose money, it wouldn't surprise me if they'd be in there making radical changes, about like what has happened recently to Zealous Inc, going from media distribution, adult portal and social networking to OIl & GAS. Now that's a big change.
I just read "Perhaps the most critical factor in the Glazer family's ability to take over companies to date is determination. This seems to be fueled by a positive attitude to life. "I told my children several hundred times that the biggest enemy you have on this earth is your mind telling you something negative," Malcolm Glazer told the Tampa Tribune, a Florida newspaper.
"So don't think negative."
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