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znnc.ob

lost said: "an 8-k came out today after close today and the CEO is financing the company or at least this is how i read it. [url]http://biz.yahoo.com/e/050726/znnc.ob8-k.html[/url] does this happen alot or am i reading it wrong?"

AlfredSokol said: "Looks like a strange transaction to me. He didn't use cash either, but rather signed a promissory note."

lost said: "not sure if this is a pump but it makes me really happy 120% is a nice big chunck"

alhamid said: "[QUOTE=lost]not sure if this is a pump but it makes me really happy 120% is a nice big chunck[/QUOTE] congrats, that is a huge gain"

lost said: "moving again today anyone looking to get in this one?"

lost said: "this stock is up over 300% from my first post"

HappyHarry said: "Nice, you might want to lock in profits soon."

lost said: "im only playing with profit now. greed has screwed me to many times"

lost said: "i think there should be a 10-Q comming out soon for this company"

alhamid said: "you think it go up more?"

lost said: "the company has started making its first profit this year but not sure if it will take effect in last quarter or this quarter. i didnt expect it to take this huge jump right now so i think it will go higher but not sure if it will have a huge sell off and be left holding the bag."

lost said: ".10 cents its running up over 185% today"

lost said: "a buy block of 500000 shares went throught at close for .10. 50grand is alot of money to put on a penny stock"

AlfredSokol said: "This Pig is still [url=http://biz.yahoo.com/bw/050819/195309.html?.v=1]flying[/url] Looks like you had a big week, Lost."

lost said: "[B]IF [/B] they did hit the 100 million a year in sales(see the link in the above post) with only 18.4 millions shares out. the stock would be worth over $100 a share. and it was sitting at 0.013 about a week and a half ago. this is only if they get thos contracts and sell the autofast rivit guns."

Yoshimi said: "wow were you in this 5 days ago??? if so, good pick... wow, and especially if that sale goes through"

HappyHarry said: "This thing continues on wards. Up 38% so far today."

lost said: "has anyone picked up any shares or am i the only one on this board? this stock [B]could[/B] have huge returns. im guessing is sep and oct it will have a move way up with the autofast magizines sales. the autofast gun is a riviting gun that is semiautomatic so it saves up to 50% of the labor. a skilled worker can drive one rivit per second."

kentc said: "But then I bailed because the company was not giving me the info I was looking for, namely the shares outstanding. The 10Q was just filed today and it looks like there is 4 Billion, yes billion shares outstanding, meaning they can dumo them into and lift I beleive. Been looking all over for a message board for this stock."

kentc said: "Ok, Yes I bought 50,000 @ .074 and sold them @ .092 today. I really like the projections the Autofast has to offer, but with all those shares out there it will take quite a bit for earnings. Maybe I am reading the 10-Q wrong but it sure looks to me that there are 4 billion shares out. I called the company today and I was not able to speak with Mr. Simpson, I also wanted to go visit the company as I am relatively close, I live just outside Milwaukee and ZNNC is near Detroit. This thing has the potential to be such a huge home run it could set people up for life if things go as projected, but who knows for sure and that is why I wanted to visit the comapny. Let me know your thoughts. Thanks"

kentc said: "[url]http://www.sec.gov/Archives/edgar/data/1098329/000114036105006634/body.txt[/url] Here is the link to todays 10-QSB"

lost said: "[url]http://finance.yahoo.com/q/ks?s=ZNNC.OB[/url] the key stats on yahoo sate that there are 18.7 million shares outstanding with a float of 18.4 millon i dont see where 4 billion come from?"

lost said: "you are looking at march 9th with the 4,000,000,000 shares and on march 10th they had a 350 to 1 rev split"

lost said: "[url]http://financial.washingtonpost.com/wpost/quote.asp?mode=QUOTE&symbol=ZNNC&dispnav=business[/url] also states 18.8 (.1 mil more than yahoo) mill shares outstanding"

kentc said: "This is from the fromt page of the 10-QSB filed 8-22-2005 28,020,296 shares of its common stock issued and outstanding. [url]http://www.sec.gov/Archives/edgar/data/1098329/000114036105006634/body.txt[/url]"

kentc said: "The way I read the 10-Q is they can issue up to the 4 billion shares anytime if they need the cash or to acquire other companies. Any more out there and we get diluted. Lost, let me know what you think, how long have you been following this one? Thanks"

kentc said: "The shares have grown since this last 10-QSB filed on May 16th. State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: As of May 3, 2005, the issuer had 18,074,583 shares of its common stock issued and outstanding. [url]http://www.sec.gov/Archives/edgar/data/1098329/000101540205002548/doc1.txt[/url]"

kentc said: "COMMON STOCK The Company is authorized to issue 4,000,000,000 shares of common stock, with $0.001 par value per share. As of June 30, 2005 and December 31, 2004 the Company has issued and outstanding 22,324,583 and 659,399 shares respectively of common stock with par value of $0.001 per share. During the six months ended June 30, 2005 and 2004, the Company issued an aggregate of 14,192,327 and 1,980 shares for employee stock incentive program for $830,616 and $1,632,200 respectively."

HappyHarry said: "Nice trade, Kentc. The company needs clearer financials."

kentc said: "I have called the company today. I am going to visit with management soon hopefully and will report what I find. I will drill them on the financials and current/forcast of sales also."

lost said: "one the things that got me looking at this stock was the potential and she [B]small[/B] amount of shares they had outstanding. now that i see i was wrong. i whish i would of sold all my shares at .1 . i am still holding 12000 shares but they where purchased at .015 so i am still ok. one thing i would like u to ask them is about one pr they had that stated they shipped 250,000 magizines to a comp in germany out of a 500,000 unit purchase and at $4 per unit that was a 2 million $ deal. and then in there 2nd most recent pr they state that under $500,000 worth has been ordered? maybe i cannot do math but it donsnt add up."

kentc said: "I spoke with Bob Simpson today before your post Lost so was not able to ask the question you posted. He was fairly friendly but was extreamly protective of his technologies. He said that Black and Decker came in and took technology from them or soemthing like that. Also he claims that there should be 5 to 7 million in slaes by year end. Also looking to be profitable by then. Mentioned he is very upset at the naked short selling of the stock going on and the SEC just looking the other way, (I tend to agree with him on that point). Said he wants to see the stock over $1.00 as soon as possible. As far as the 4 billion share authorization, yes its true and he wants to scale it back to 200 million or so, but as it stands it is still 4 billion. There was a mention of the Germans making knockoff's of the product and they had to stop shipping some product, he was talking fast and didnt catch all of what he had to say about that. I wanted to go visit the offices and he discouraged it as he said they would not show me anything because they are not sure of who I am, like im some sort of corporate spy. So I like the story and he even went on to say they are looking for the $500,000 in sales on the magazines per day once the guns are out there. But competition is a huge threat in my opinion. If they can become profitable this stock should creep up to the dollar or more, just look at TASR for instance, sat at 35 cents for a long time then sales ramped to only 65 million and the stock went to $30 plus split and they have 65 million shares out vs the current 20 odd million for this thing. Also if there are a ton of naked shorts forced to cover it could really run. So that is my thought on the entire deal. Please let me know your thoughts."

HappyHarry said: "So we need to divide a few million in sales by 4 billion in shares? [quote] RECENT CHANGES IN OUR CORPORATE STRUCTURE Effective March 10, 2005, we implemented a one for 350 reverse split of our authorized, issued and outstanding shares of common stock by filing a Certificate of Change with the Secretary of State of Nevada (the "Reverse Split.") Following the Reverse Split, the number of authorized shares of our common stock was reduced to 11,428,572 in accordance with the one for 350 split ratio. The number of our authorized preferred shares remained at 350,000,000, and the par value of our common and preferred stock remained at $0.001 per share following the Reverse Split. All fractional shares which would otherwise be held by our stockholders following the Reverse Split were rounded up to one whole share. We issued one new share of common stock for up to each 350 shares of common stock held as of March 9, 2005. Effective May 3, 2005, we implemented a three for one forward split of our authorized, issued and outstanding shares of common stock by filing a Certificate of Change with the Secretary of State of Nevada (the "Forward Split"). Following the Forward Split, the number of authorized shares of our common stock was increased to 34,285,716 in accordance with the three for one split ratio. The number of our authorized preferred shares remained at 350,000,000, and the par value of our common and preferred stock remained at $0.001 per share following the Forward Split. The Forward Split was a mandatory exchange. Our stockholders were required to surrender stock certificates representing their shares of our common stock in order to receive stock certificates representing their post-Forward Split shares of the Registrant's common stock. Effective May 9, 2005, we increased the number of our authorized common shares from 34,285,716 to 4,000,000,000 by filing Articles of Amendment to our Articles of Incorporation with the Secretary of State of Nevada. The number of our authorized preferred shares remained at 350,000,000, and the par value of our common and preferred stock remained at $0.001 per share following the increase in the number of our authorized common shares. [/quote]"

kentc said: "No, the 4 billion is just authorized and can be used for compensation or whatever, you have to look at the outstanding, and as of yesterdays 10-qsb was 22,300,000 or so, I posted it above. But they can go up to the 4 billion. But the CEO told me today they want to reduce that number to like 200 million, still a big number but certainly much smaller than the 4 billion. So keep an eye on the 10-q's each quarter. Latest was just posted yesterday."

HappyHarry said: "Do you have an idea on why they have all those shares ready to be authorized?"

kentc said: "According to the CEO he said the attorneys suggested all those shares. I would assume for acquisitions and for compensation as there is such a cash squeeze on this company now. Again however the CEO wants to reduce to like 200 million and that would make me feel better as a shareholder, if I was one. Still it means the current 22 million out there can be severly diluted."

lost said: "thanks for all that info. i think there next quarter ends on sep 30'th and hope that the 10-qsb comes out a little faster this time . im not sure if i should get rid of to buy more shares at a lower price or just hold them and see if it booms (which is looking worse) black and decker would have the market far faster than zann."

lost said: "another pr came out today... at least they are tring to upgrade their website, it was in need of one."

alhamid said: "[QUOTE=lost] black and decker would have the market far faster than zann.[/QUOTE] you are not kidding my friend...zann is not a wart on the ass of black and decker"

rayjak said: "before they changed the symbol anyway I am taking a gamble and found this site while doing research so far I am way up looking for a get rich quick if the prs are worth there salt maybe this will go to a buck soon anyway goodluck"

lost said: "this is still moving up..."

HappyHarry said: "[QUOTE=lost]this is still moving up...[/QUOTE] Like a hot air balloon that hasn't popped yet."

rayjak said: "I think with the devastation in the south from Katrina there will be a need for many tools including Zanns rivet gun This as sad as it is could be a boost for Zann just on that tool alone"

alhamid said: "it could be. time will tell"