February 06, 2013 16:30 ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 6, 2013) - Arn Schoch announces that on February 4, 2013 he acquired ownership of 1,250,000 common shares of ZTEST Electronics Inc. ("ZTEST"), representing 13.36% of the current issued and outstanding common shares of ZTEST, and 625,000 common share purchase warrants (the "Warrants") of ZTEST. Each Warrant entitles Mr. Schoch to acquire one additional common share at a price of $0.10 until February 4, 2016. In the event that the Warrants are fully exercised, these holdings would represent approximately 18.79% of the total issued and outstanding common shares of ZTEST as of February 4, 2013, calculated on a partially diluted basis assuming the exercise of the Warrants only.
This transaction was made for investment purposes and Mr. Schoch could increase or decrease his investment in ZTEST depending on market conditions or any other relevant factor.
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.
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