Jan 18 2010
Health and Wellness Partners, Inc. (HWP), a wholly owned subsidiary of Zealous, Inc. (OTCBB: ZLUS), announced that it has completed production of Surge and Surge for Women and has started to fulfill orders to distributors, wholesalers, retailers and consumers alike.
In follow-up to its press release of October 15, 2009 unveiling production of its new product line Surge, HWP is providing this update to stockholders and the public alike on the progress of Surge and the company. "It has been 90 days since our last formal press release. Since then, in the course of production of Surge, some of our key ingredients were overly delayed due to suspected terrorist activities in a foreign country. The authorities in this country have finally resolved their concerns and our ingredients are being delivered routinely and production is flowing. We are looking forward to working with those who desire a well-made and effective product line with integrity," said Gary Gottlieb, President and CEO. "We have entered into negotiations with one major national distributor and look forward to doing the same with several others in the next few weeks. We are just starting to have companies and consumers alike acknowledge and recognize the brand name 'Surge' and look forward to our progress over the next coming weeks." Gottlieb continued, "Our site, www.FeeltheSurge.com, is retailing our product while our distribution network is building. We believe 2010 will be a great year for our company and our shareholders."
In follow-up to its recent press release in December 2009, Zealous Interactive, Inc. announces that it continues to evaluate its options of managing, selling or merging the company. Several options have been presented and management is reviewing these proposals. Management is focused on choosing the best course for the sake of the shareholders and the creditors and believes it will have a final solution by the close of this month. The Company cannot guarantee any transaction will occur and there is no assurance that a deal can be completed. "The company's portal, TheAdultSpot.com, has changed the landscape for us and is rapidly growing with membership swelling daily," said Milton C. Ault III, Chairman, President and Chief Executive Officer of Zealous, Inc.
Asked about the recent activity of Zealous, Inc.'s stock, Ault replied, "We have had several calls from both press and investors regarding recent events regarding the company's stock. It is the company's policy not to comment on the movement of its stock."
SOURCE: Zealous, Inc.