Ann: New Investment , page-10

True nihilism.
All start ups have independent boards with input from ZGL (mainly the 2 sons)
A noticeable feature in ZGL acquisition is the complementary benefit to its core strength in precision engineering....Double dipping ,so to speak.....Any success in commercialization will be magnified by revenues to the PE division.
Let's look at iPtech....A "consulting" company that is said to be profitable in year 2 ...at the same time will be generating income to the parent company.
The market hasn't caught up with ZGL vision yet.....Probably waiting for the start ups to be profitable.
Have a look at ISN with an MC of $160m....a toy of a device (or so I wrongly think)...Zero revenues....Very little cash....but you can't argue with the market.
I am quite happy to take a calculated risk of acquiring a large stake (I hold roughly 1%)....5% div is a reasonable return till the true value of Zicom is realized.