Replies to post #1819 on ZAP (fka ZAAP)

[lolita_cachita]

WOLD:
If you actually take the time to read the entire ZAP Proxy Statement, without dozing off before you get 1/2 way through, you will read alot more detail about this "alleged" r/s that was not mentioned in Steve's watered down CC explanation.

Here is just one little tidbit:

" While the Board expects that a reverse stock split of our Common Stock will increase the market price of our Common Stock, the effect of a reverse split upon the market price of our Common Stock cannot be predicted with any certainty. The market price of our Common Stock is primarily driven by other factors unrelated to the number of shares outstanding, including our current and expected future performance, conditions in the automotive industry and stock market conditions generally. Therefore, it is possible that the per share price of our Common Stock after the reverse split will not rise in proportion to the reduction in the number of shares of our Common Stock outstanding resulting from the reverse stock split, which could cause ZAP to fail to realize the anticipated benefits of the reverse stock split"

http://ih.advfn.com/p.php?pid=nmona&article=47574292

btw- CC was a real "snoozefest", imho. If Priscilla wants to read a condensed SEC report to the public, I suggest she watch "The Kings' Speech" and take notes :)