ZKid Network Company CEO to Waive 2005 Salary
07 Mars 2005 - 6:10PM
PR Newswire (US)
ZKid Network Company CEO to Waive 2005 Salary CHICAGO, March 7
/PRNewswire-FirstCall/ -- ZKid Network Company's (OTC:ZKID)
(BULLETIN BOARD: ZKID) CEO, Donald Weisberg has agreed to waive his
2005 salary of 200 thousand dollars. Mr. Weisberg was to be paid 5
million shares of ZKid Network Company 144 restricted stock priced
at .04 cents a share. Mr. Weisberg has agreed to only take his
salary out of revenue generated by the company and will forgo any
salary if the revenue is not available. Said Mr. Weisberg, "After
many meetings and negotiations over the last 4 months, I'm so
confident in the ability of ZKid Network Co. to produce significant
revenue that I have decided to waive my salary unless these
revenues are produced. I'm that confident that I'm willing to put
my livelihood at stake." ZKid Network Company is a proprietary
software company dedicated to providing a totally safe environment
for children. ZKid's software provides safe internet e-mail and
chatroom capabilities as well as fully animated
education/entertainment content for children ages 4-10. Subscribers
can participate in a Virtual Private Network (VPN) specifically
designed to provide a totally safe environment for children. For
investor information, contact Equitilink PR: Mr. Ron Gardner at
858-824-1940 or visit our new website at
http://www.zkidnetwork.com/ . Safe Harbor Provisions: Safe Harbor
Act Notice... This release may contain forward looking statements
that involve risks and uncertainties, including without limitation,
acceptance of the Company's products, increased levels of
competition, product and technological changes, the Company's
dependence on financing and third party suppliers, and other risks
detailed from time to time in the Company's federal filings, annual
report, offering memorandum or prospectus. Specifications are
subject to change without notice. DATASOURCE: ZKid Network Company
CONTACT: Ron Gardner of Equitilink PR for ZKid Network Company,
+1-858-824-1940 Web site: http://www.zkidnetwork.com/
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