Z Trim Holdings, Inc. Announces Error in Listing Status
September 08 2008 - 11:21AM
PR Newswire (US)
MUNDELEIN, Ill., Sept. 8 /PRNewswire-FirstCall/ -- Z Trim Holdings,
Inc. (AMEX:ZTM) announced today that on September 8, 2008, during
the Company's transition from listing on the American Stock
Exchange to listing on the OTC, the Company's stock was mistakenly
moved to the Pink Sheets owing to a clerical error on the part of
the American Stock Exchange. The Company is trading under the
symbol ZTRM. The Company is working to remedy this mistake and
expects to regain listing upon the American Stock Exchange on
September 9, and to continue such listing until approximately
September 15, 2008, when the Company anticipates a transition to
the OTC Bulletin Board. ABOUT Z TRIM(R) Z Trim,
http://www.ztrim.com/, is a natural, functional food ingredient and
emulsifier made from the hulls of corn. Because Z Trim is
non-caloric, replacement of added fats with Z Trim can achieve up
to 80% calorie reduction in many foods without negatively affecting
taste or texture, and can substantially reduce harmful trans and
saturated fats found in many foods. Z Trim is a versatile product
that can serve as a fat replacement or emulsifier with
texturization, binding, shaping, suspension, water control and pH
balance attributes. Z Trim has wide application in dairy products,
dressings, dips, sauces, baked goods, processed meats, snack foods,
cookies, pies, cakes, icings, brownies, bars, ice cream, milk
shakes and many other foods. Forward-Looking Statements and Risk
Factors Certain statements in this press release are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These statements involve a number of risks,
uncertainties and other factors that could cause actual results,
performance or achievements of Z Trim Holdings to be materially
different from any future results, performance or achievements
expressed or implied by these forward-looking statements. Other
factors, which could materially affect such forward-looking
statements, can be found in our filings with the Securities and
Exchange Commission at http://www.sec.gov/, including risk factors
relating to our history of operating losses, lack thus far of
significant market acceptance of our products, the fact that we may
dilute existing shareholders through additional stock issuances,
and our reliance on our intellectual property. Investors, potential
investors and other readers are urged to consider these factors
carefully in evaluating the forward-looking statements and are
cautioned not to place undue reliance on such forward-looking
statements. The forward-looking statements made herein are only
made as of the date of this press release and we undertake no
obligation to publicly update such forward-looking statements to
reflect subsequent events or circumstances. Contact: Angela
Strickland Voice: 847-549-6002 Email: DATASOURCE: Z Trim Holdings,
Inc. CONTACT: Angela Strickland of Z Trim Holdings, Inc.,
+1-847-549-6002, Web site: http://www.ztrim.com/
Copyright
Z-Trim Holdings, (AMEX:ZTM)
Historical Stock Chart
From Dec 2024 to Jan 2025
Z-Trim Holdings, (AMEX:ZTM)
Historical Stock Chart
From Jan 2024 to Jan 2025