Archive - Sep 2002

Date
  • All
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30

ZAP Receives $500,000 in Financing

Submitted by acampbell on Tue, 09/24/2002 - 20:00.

SEBASTOPOL, California- (September 24, 2002)-ZAP (OTC BB:ZAPZ) of Sebastopol, California, announced today it has received $500,000 in new financing from Hong Kong R&D firm Daka Development.

On June 17, 2002, Daka granted ZAP a $500,000 loan. Under the terms of the agreement, Daka had the option to convert the loan to stock. On September 17, 2002, ZAP received notice that Daka exercised its option to convert the entire amount of the note to ZAP common stock.

Kermit the Frog™ Hops on a ZAPPY in 'Kermit's Swamp Years' Now Available on Home Video

Submitted by acampbell on Tue, 09/10/2002 - 20:00.

SEBASTOPOL, California (September 10, 2002) - Electric scooter maker ZAP (OTC BB:ZAPZ) today announced that a scene from the first Muppet direct-to-video feature Kermit's Swamp Years™, now available in stores, features a stunt with Kermit the Frog riding the ZAPPY® electric scooter.

Kermit's Swamp Years describes Kermit's life as a young frog before he became famous. In the movie, Kermit reflects on his youth while riding a ZAPPY scooter around the swamp he called home. The effect is one of the latest examples of Muppets™ magic from The Jim Henson Company.