Archive - Mar 28, 2002
ZAP Files Request for Nasdaq Listing Qualification Panel Hearing
Submitted by acampbell on Thu, 03/28/2002 - 21:00.
SEBASTOPOL, Calif., March 28, 2002 (PRIMEZONE) -- ZAP (Nasdaq:ZAPPQ - news) today announced that on March 21, 2002, the listing qualifications section of Nasdaq notified ZAP that Nasdaq intends to delist ZAP from The Nasdaq Stock Market for failure to comply with Marketplace Rules 4330(a)(1), 4330(a)(3), 4310(c)(2)(B and 4310(c)(13).
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ZAP Signs Agreements to Merge with Two Automotive Companies
Submitted by acampbell on Thu, 03/28/2002 - 21:00.
To Be Integral Part of ZAP's Reorganization Plan
SEBASTOPOL, Calif., March 28, 2002 (PRIMEZONE) -- ZAP (Nasdaq:ZAPPQ - news) today announced it has signed Agreements to merge with two privately owned companies involved in alternative fuel vehicles, automotive sales and distribution. RAP Group, Inc. (RAP) and Voltage Vehicles are two Sonoma County, California-based companies with strategic relationships in automotive services looking to accelerate their growth in the alternative transportation market. Both of the mergers with ZAP will be an integral part of, and contingent on, ZAP's Plan of Reorganization being approved by its creditors and shareholders and confirmed by the U.S. Bankruptcy Court.- acampbell's blog
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