Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Socius Capital Group Reported 9.9% Stake in $ZOOM

Socius Capital Group reported 2.2 million shares or 9.9% passive stake in Zoom Technologies Inc (ZOOM), according to the SEC 13G filing on November 9th. According to the file, Socius Capital Group continued making the purchase after it passed the 5% threshold on November 3rd, so the firm might get an average price of $1.9 per share. ZOOM is now trading at $1.71, losing about 62% in 2011.

Socius Capital Group was incepted in 2009. It’s a private equity firm focusing on life sciences, healthcare, energy, natural resources, media, social media, technology and special situations. The firm mainly takes passive positions in U. S., European, Australian and Asian markets directly to small-cap public companies with market capitalizations below $2 billion. The firm is not a hedge fund and it’s not open to outside partners.

According to Yahoo! Finance, “Zoom Technologies, Inc., through its subsidiaries, operates as a technology company that engages in electronic and telecommunication product design, development, and manufacturing.” The company mainly provides electronic manufacturing services (EMS) for original equipment manufacturer (OEM) customers. The company markets its products in China. The company was founded in 1999 and is headquartered in Beijing, China.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!