May 25, 2010 (M2 PRESSWIRE via COMTEX) -- Braintree,Ma. LevelStock.com is pleased to announce to all of its members and investors information on Techs Loanstar, Inc. (OTCBB: TCLN). The Company recently released news as follows:
Techs Loanstar, Inc. (OTCBB: TCLN) ("Techs" or the "Company") summarized today its recent progress in its wholly owned subsidiary ZenZuu USA, Inc. ("ZZUSA").
Development of the previously announced leadership program (see press release dated April 30, 2010) is progressing ahead of schedule with the appointment of a Director for Local Business marketing expected to be named within the next several days. This leadership program is expected to be one of the key monetization initiatives for the Company.
The video chat feature described in the May 7th, 2010 press release has been implemented and the remaining interfaces are presently undergoing testing and will be available in June 2010. The most significant of these enhancements will be the technology that will allow members of our social network to simultaneously invite all their friends and fans from other social networks to join ZenZuu.com.
On May 21, 2010 the Company announced that Mr. David Bass was named to the newly created position "Director of Viral Marketing." Mr. Bass has just begun implementing a national campaign to attract large user groups to our website at www.zenzuu.com. Based on the initial feedback, Mr. Bass stated, "I am very pleased with the response I am receiving as I am just in the very early stages of my marketing campaign, and feel very confident I will accomplish the goals and objectives of the campaign."
About ZenZuu USA, Inc.
ZZUSA, a Nevada Corporation, was formed on June 5, 2009 for the purpose of seeking a business opportunity in the online social network industry. On June 8, 2009 ZZUSA merged (the "ZZP Merger") with ZZPartners, Inc. ("ZZP"), a Nevada corporation, formed in April 2008. ZZP was formed to acquire an exclusive license to use and operate in the United States, the online social database and advertising revenue-share model developed and maintained by ZenZuu, Inc. ("ZZI"), a Nevada corporation. In the ZZP Merger, ZZUSA acquired the license as well as all of the other assets and liabilities of ZZP. Additionally, the Company plans to capitalize on the ZZI member base to pursue not only national advertisers but also to attract local advertisers throughout the United States where there is any concentration of members.
About Techs Loanstar, Inc.
Techs Loanstar, Inc., a Nevada company, was initially organized to provide loan management service and software for the equity and payday loan industry. Upon completion of the Share Exchange, Techs ceased all operations relating to its historical business and has adopted the business plan of ZZUSA.
The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," or "expects" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. Reference is made to the Company's filings with the Securities and Exchange Commission for a more complete discussion of such risks and uncertainties.
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