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ZENN Motor Company Information to be Available Through Standard & Poor's Market Access Program « Zenn Motor Company « Financial
 
Wed, 23 Dec 2009, 9:56am #1
tvillars
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TORONTO, ONTARIO--(Marketwire - Dec. 23, 2009) - ZENN Motor Company Inc. ("ZMC" or the "Company") (TSX VENTURE:ZNN), a leading developer of zero emission transportation solutions and technologies, announced today that its company information will be made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's Advisor Insight. The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position, and earnings. Standard & Poor's Advisor Insight is an Internet-based research engine used by more than 100,000 investment advisors. A public version of the site is available at www.advisorinsight.com.

In addition, information about companies in Standard & Poor's Market Access Program will be available via S&P's Stock Guide database, which is distributed electronically to virtually all major quote vendors. As part of the program, a full description of ZENN Motor Company will also be published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading in up to 38 states under their Blue Sky Laws.

Ian Clifford, Chief Executive Officer of ZENN Motor Company adds "In the states where the S&P listing on the Company is recognized as fulfilling the Blue Sky 'Manual Exemption,' financial advisors and retail brokers in these states may now be able to discuss ZMC's stock as a potential investment to their clients at their discretion."

About ZENN Motor Company Inc.

ZENN Motor Company, Toronto, Canada, is dedicated to being a global leader in zero emission transportation solutions and technologies for markets around the world. Driven by quality, ingenuity and a philosophy of social responsibility, the ZMC team is redefining what is possible in both urban and business fleet transportation.
ZENNergy(TM) drive solutions, powered by EEStor's electrical energy storage technology are expected to enable OEM and Tier 1 partners to deliver advanced electric transportation solutions to their customers. The Company has a Technology Agreement that provides certain exclusive and non-exclusive rights to purchase and deploy EEStor's EESU technology as follows (all of which apply to 4-wheeled vehicles using electricity as energy for the vehicle's propulsion system):

- Exclusive rights for new passenger vehicles with a curb weight of up
to 1,400 kilograms, net of battery weight (this does not include
vehicles that are classified as Sport Utility Vehicles, Pickups,
Trucks, Trams, Buses and certain high-performance sports cars with
electric drive systems of 100 continuous kilowatts or higher);
- Exclusive rights for neighbourhood electric vehicles (NEV) and golf
carts operating at a maximum speed of thirty (30) miles per hour and;
- Exclusive rights for utility vehicles having a maximum propulsion
system of 15 continuous kilowatts or a curb weight of up to 1400
kilograms, net of battery weight (this does not include vehicles that
are classified as Sport Utility Vehicles, Pickups, Trucks, Trams, Buses
and certain high-performance sports cars with electric drive systems of
100 continuous kilowatts or higher);
- Exclusive rights for the aftermarket conversion to ZENNergy(TM) drive
of any 4-wheeled vehicles currently using internal combustion,
electricity or a combination thereof for the vehicle's propulsion
system, and which have been previously licensed for road use for
greater than twelve (12) months.
- Non-exclusive rights to purchase and deploy EEStor's EESU in new
passenger vehicles with a curb weight over 1,400 kilograms, net of
battery weight (this does not include vehicles that are classified as
Sport Utility Vehicles, Pickups, Trucks, Trams, and Buses).
The rights that ZMC holds expire when the last applicable EEStor patent expires.

Company information distributed through the Market Access Program is based upon information that Standard & Poor's considers to be reliable, but neither Standard & Poor's nor its affiliates warrant its completeness or accuracy, and it should not be relied upon as such. This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Past Predictions 1 - 4, 6

Current Predictions

5) component to have specific energy between 550 to 650 Wh/kg

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Wed, 23 Dec 2009, 10:01am #2
dEEmon
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Still trying to make sense of this... I think this means they're bracing for big trading. Maybe going to list on a US exchange instead of pink sheets?

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Wed, 23 Dec 2009, 10:05am #3
EESlicster
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Will we have to do anything with are current stocks if they change to the US exchange or we just hang on to what we got?


-EESU is to Li-Ion as SSD is to HDD

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Wed, 23 Dec 2009, 10:08am #4
larry
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until some proof of eesu life is revealed, we have no idea if this or other zmc moves aren't just rearranging the deckchairs on the Titanic.


an optimistic eestor skeptic.
in God i trust

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Wed, 23 Dec 2009, 10:11am #5
Seakell
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EESlicstre, I have absolutely no clue, but from my viewpoint it would be stealing if something NEEDED to be done without we being very clearly informed in very good time. And then reminded.


"Some cause happiness wherever they go; others whenever they go" -Oscar Wilde.

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Wed, 23 Dec 2009, 10:13am #6
dEEmon
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Zuul
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Took a look at that website - don't see much else in that "Market Access Program" that I recognize. Hmm.

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Wed, 23 Dec 2009, 10:21am #7
kollawebbensjalv
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GRIZZ - help!

Still a 10

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Wed, 23 Dec 2009, 10:31am #8
Seakell
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Trading seems unusually active!!??


"Some cause happiness wherever they go; others whenever they go" -Oscar Wilde.

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Wed, 23 Dec 2009, 10:36am #9
EEpower
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tvillars wrote:

TORONTO, ONTARIO--(Marketwire - Dec. 23, 2009) - ZENN Motor Company Inc. ("ZMC" or the "Company") (TSX VENTURE:ZNN), a leading developer of zero emission transportation solutions and technologies, announced today that its company information will be made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's Advisor Insight.....

This look to me IC is tiring of having to deal with someone or some group with inside information trading prior Zenn's official announcements. Maybe this is a new way to announce something without Zenn being criticized. The question is whether the announce is good new or bad news for Zenn.

I am shorting oil as a safe play.

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Wed, 23 Dec 2009, 10:53am #10
MrLouMrLou
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http://reports.standardandpoors.com/aidata/macc...

Wow! Only 6,500 shareholders.

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Wed, 23 Dec 2009, 11:04am #11
ricinro
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wow! 39 employees

doing what?


Thanks BTV for the blog

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Wed, 23 Dec 2009, 11:07am #12
Y_No
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ricinro wrote:

wow! 39 employees

doing what?

updating Zenn's Facebook status.


Glad to have front row seats to this show.

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Wed, 23 Dec 2009, 11:12am #13
jimbobway
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Domicile: Ontario!


Lensman 8.5

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Wed, 23 Dec 2009, 11:13am #14
MrLouMrLou
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Y_No wrote:

ricinro wrote:

wow! 39 employees

doing what?

updating Zenn's Facebook status.

lol. They're barely doing that!

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Wed, 23 Dec 2009, 11:21am #15
Bretspot
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Only 6,500 shareholders??? Really? Just imagine when ZENN is a household name.. how many people will want that stock..


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Wed, 23 Dec 2009, 11:24am #16
paee
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Bretspot wrote:

Only 6,500 shareholders??? Really? Just imagine when ZENN is a household name.. how many people will want that stock..

Yes, but does that count people who own their shares through a broker?

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Wed, 23 Dec 2009, 11:28am #17
Eenigma
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Y_No wrote:

ricinro wrote:

wow! 39 employees

doing what?

updating Zenn's Facebook status.

30 of the employees work 2nd or 3rd shift and help DW write patents.
2 employees push Ians car to work... : )


Glad to have front row seats next to Y_NO

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Wed, 23 Dec 2009, 11:31am #18
Y_No
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MrLouMrLou wrote:

Y_No wrote:

ricinro wrote:

wow! 39 employees

doing what?

updating Zenn's Facebook status.

lol. They're barely doing that!

That's because they probably belong to a Union.


Glad to have front row seats to this show.

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Wed, 23 Dec 2009, 11:32am #19
demalo
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http://reports.standardandpoors.com/aidata/maccess/p/pcl_3461_all.htm

real company on this site - must be ligit right?

Last edited Wed, 23 Dec 2009, 11:44am by demalo


"Any sufficiently advanced technology is indistinguishable from magic." Arthur C. Clarke

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Wed, 23 Dec 2009, 11:59am #20
student
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At least they're not napping 100% of the time between comments on EEStor.


Bill Nye says limits for a dielectric are simply what has been demonstrated to date.

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Wed, 23 Dec 2009, 12:09pm #21
8ball
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That's the best Zenn can do this week? It's pretty lame. There is a major question hanging over the company with a deadline less than a week away, and he's looking for 'blue sky' investors?

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Wed, 23 Dec 2009, 12:40pm #22
kollawebbensjalv
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Last visit: 2 days ago
Posts: 80

STANDARD AND POOR REALLY FEELS "COMFORTABLE"-ESPECIALLY SINCE IT WAS THOSE GUYS THAT GAVE HIGH RATINGS FOR THOSE BAD PAPERS THAT GAVE THE WORLD ECONOMY FAULTS - ONE OF THEM HERE - Launches High Yield Dividend Aristocrats -
www2.standardandpoors.com/spf/pdf/index/110905_HY-final.pdf

GRIZZ - HELLO

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Wed, 23 Dec 2009, 12:41pm #23
karl
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8ball wrote:

That's the best Zenn can do this week? It's pretty lame. There is a major question hanging over the company with a deadline less than a week away, and he's looking for 'blue sky' investors?

Or, maybe someone's thinking positively that if the reveal is really about to happen, meeting the "blue sky" exemption is a timely and good idea, as otherwise brokers in many U.S. states would apparently still be precluded from recommending the stock to their clients.

The converse wouldn't make strategic sense for Zenn: If there was a concern that the reveal ISN'T about to happen, one seemingly would avoid a "blue sky exemption," as presumably would open the door for U.S. brokers to begin recommending that their clients SHORT the stock.

So this would all seem like good news (for EEStor optimists, not pessimists):

FYI:

http://www.tmx.com/en/listings/products_service...

Partial excerpt of text from above link:

Obtaining an exemption from blue sky laws is a complex process - one that is unique to each business. The information provided here should serve solely as a general guide to assist in understanding that process. No action should be initiated without obtaining professional advice from qualified legal, accounting and financial advisors.

What are state blue sky laws?

Blue sky laws are state or jurisdictional laws in the U.S. that regulate the offering and sale of securities in order to protect the public investors from fraud. These laws vary among states. States may require securities to be registered at the state level or to have an available exemption from registration. Without compliance with, or exemption from, blue sky laws, the statutes can prevent brokers from soliciting interest in your company from their clients.

What is “manual exemption”?

The majority of the U.S. states/jurisdictions have written into their statutes a provision for a “manual exemption” that may exempt a company from state registration if it is covered in a “Recognized Securities Manual” such as Standard & Poor’s (S&P) Corporation Records.


Irony: Andrew Jackson on a Federal Reserve Note:
http://dollarcollapse.com/articles/irony-andrew...

Oil is not a "Fossil Fuel" - It's Abiotic:
http://www.canadafreepress.com/index.php/articl...

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Wed, 23 Dec 2009, 12:46pm #24
nekote
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Looks like it's a paid service (free "trial")?

Any freebie to get same info?


What the hell is an Exciton, anyhow?

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Wed, 23 Dec 2009, 12:52pm #25
pfujimoto
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note that the 6500 shareholders figure is as at MARCH 2009. That's before permittivity... I wonder what that figure is now?


Lensman Scale: 8

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Wed, 23 Dec 2009, 1:08pm #26
RmW
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Registered: Jun, 2009
Posts: 457

Eenigma wrote:

Y_No wrote:

ricinro wrote:

wow! 39 employees

doing what?

updating Zenn's Facebook status.

30 of the employees work 2nd or 3rd shift and help DW write patents.
2 employees push Ians car to work... : )

LMAO

Pedal

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Wed, 23 Dec 2009, 1:08pm #27
Generic
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Come now Villars. I'm used to my news posts being ignored for ones with fancier topic titles, but not out right deletion. ;)

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Wed, 23 Dec 2009, 1:10pm #28
RmW
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pfujimoto wrote:

note that the 6500 shareholders figure is as at MARCH 2009. That's before permittivity... I wonder what that figure is now?

Do you mean now as in after December 31st?

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Wed, 23 Dec 2009, 1:13pm #29
tvillars
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Generic wrote:

Come now Villars. I'm used to my news posts being ignored for ones with fancier topic titles, but not out right deletion. ;)

Wasn't me who deleted your post.

It's good idea though next time I want to steal all the glory. ;-)


Past Predictions 1 - 4, 6

Current Predictions

5) component to have specific energy between 550 to 650 Wh/kg

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Wed, 23 Dec 2009, 1:45pm #30
Hawk
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Here's how the Toronto Stock Exchange (www.tmx.com) describes the purpose of the S&P program. Note the interesting use of the word "before:"

S&P Market Access Company Profiles

To promote a public company in the US requires the proper federal and state-level law compliance or exemption.

S&P Market Access is a popular service for Canadian companies because it can provide qualifying issuers with state level exemptions required before promotion of securities in the US.

As part of the S&P Market Access Program a company profile is published and disseminated to over 200,000 financial professionals, compliance officers, fund managers, registered representatives and research analysts.

More at: http://www.tmxmoney.com/en/market_access_progra...

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