Archive - Jul 1, 2002

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ZAP Begins Trading Under ZAPZ

Submitted by acampbell on Mon, 07/01/2002 - 20:00.
SEBASTOPOL, California (July 1, 2002) - ZAP (OTC BB:ZAPZ), formerly (OTC BB:ZAPPQ) announced today that its stock has begun trading on the Over-the-Counter (OTC) Bulletin Board under the new stock symbol of ZAPZ effective July 1, 2002. According to the OTC Bulletin Board, the symbol change is to indicate that ZAP is no longer under Chapter 11 Reorganization, and that the stock has undergone a reverse stock split. July 1, 2002, is also the effective date of the Merger between Voltage Vehicles and the RAP Group, Inc., two companies specializing in automotive distribution and marketing. Voltage Vehicles and the Rap Group, Inc. will operate as fully owned independent subsidiaries of ZAP.