Replies to post #22957 on ZA Group Inc (ZAAG)

[benosufan]

181k in revenues for the whole year, only 97k in profit.

[benosufan]

Current O/S updated on otcmarkets.com Up to 320 million now with those 95 million shares they released to convert debt. The question you need to ask is, if they were about to bring in huge revenues, why would they ruin shareholder value and release 95 million to rid of the debt?

[benosufan]

Also, there's no current float reported. I'd like to see that updated early next week.

[benosufan]

Just to make sure you realize they "paid" off that debt with company shares. That's not bringing shareholders value. That's diluting the value.

[benosufan]

"Shares were issued to settle short term debt, convertible notes, releated accrued interest, and signing bonuses for 3 top industry leaders." Why didn't they PR this? HMMM.

"These shares constitute 95,000,000 shares of common stock, some being subject to certain restrictions and 39,000,000 shares of Preferred series D subject to restriction and conversion" Ok, just tell us how many were restricted already.