ZANN Corp CEO Interviewed by 'Wall Street'
12 Julio 2005 - 9:01AM
Business Wire
At the request of WallSt.net (Wallstreet Direct, Inc.), Robert C.
Simpson, Chairman-CEO of ZANN Corp. (OTCBB:ZNNC), was interviewed
on the subject of the Company's current business situation and
future plans. According to Robert C. Simpson, Chairman-CEO, "We
discussed our three primary business units with special emphasis on
our new Semi-automatic riveting system - AutoFast(R). We talked
about our plans to sell more than one thousand tools ($1,495 -
$2,995 each) during the next twelve months and how we plan to be
ready to deliver 25,000 magazines ($3.00 - $12.00 each) per day
within the next 12 months. We also discussed some of the process
engineering issues that need to be improved in order to meet our
production schedule. We addressed our limited cash as well as the
serious investors working with us to provide additional capital to
increase our production capacity. We spoke of our hope to be
profitable in the 3rd quarter and begin a stock buy back in the 4th
quarter. Our challenges are many but we believe our team has the
experience and tenacity to exceed our plan." The interview can be
heard online at www.wallst.net. Simply scroll down the left hand
column of companies covered to find AutoFast Inc., which is listed
under the OTCBB section. For more information on AutoFast(R) and
other ZANN Corp. business ventures, please visit www.zanncorp.com.
ABOUT ZANN CORP ZANN Corp. has three primary business units; semi
automatic riveting systems, biotechnology and nutritional
supplements. These are all scalable technologies with the potential
to supply a diverse range of high quality, high value products and
services for niche markets. For additional information please visit
the corporate website at: www.zanncorp.com Certain statements in
this news release may contain forward-looking information within
the meaning of Rule 175 under the Securities Act of 1933 and Rule
3b-6 under the Securities Exchange Act of 1934 and are subject to
the safe harbor created by those rules. All statements, other than
statements of fact, included in this release, including, without
limitation, statements regarding potential future plans and
objectives of the company, are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements.
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