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Tuesday, September 16, 2008

Zevotek Gains on ERA News

Zevotek Inc. (OTCBB: ZVTK) is up nearly 100% to $.06 as of 11:47 ET today on nearly 80,000 shares traded. This morning, the company announced an aggressive sales meeting schedule for the upcoming ERA show in Vegas and also re-iterated its belief that coming home from Vegas with 500K in unit sales is a distinct possibility.

As we've mentioned before, a few hundred thousand in unit sales would go a long way for a company just getting its start. I'll be watching closely to see how things develop over the next few weeks.

Commenting on the news, CEO Adam Engel stated " Zevotek officials will be working non-stop for two days straight at the upcoming Las Vegas ERA show to meet our previously stated goal of generating orders for the sale of at least 500,000 Ionic Bulbs. I'm very excited about the opportunity to exhibit our landmark product to such a large pool of electronic retailing professionals, all of which hold the potential of strengthening our international reach'.


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