Zapata Corporation is a holding company which has approximately $154 million in cash and cash equivalents and owns 98% of Zap.Com Corporation. Zapata is currently searching for candidates for acquisition.

Zap.Com is a public shell company which does not have any existing business operations. Zap.Com is likely to search for assets or businesses that it can acquire so that it can become an operating company. Zap.Com may also consider developing a new business suitable for its situation. Zap.Com trades on the OTCBB under the symbol "ZPCM."