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Zapata is a Holding Company for the Omega Protein Corporation, a marine protein business that processes the Atlantic Menhaden into foods and industrial Oil s. Due to overfishing, they are only allowed to operate in Virgina and North Carolina. Nonetheless, they annually kill and process over 233 million pounds of menhaden from the Chesapeake Bay . Critics claim that this level of fishing is threatening the ecological balance of the bay by removing a key Plankton feeder that limits phytoplankton blooms such as Red Tide (Franklin, 2006). HISTORY Several Conspiracy Theories claim that Zapata acted as a CIA Front Company but do not offer evidence. Zapata is said to have acquired an interest in the United Fruit Company in 1969 . In 1981 , the year Bush became Vice President Of The United States , the Securities And Exchange Commission claimed it had inadvertently destroyed Zapata's filings during the last six years of his involvement with the company. Zapata Offshore became Zapata Corporation in 1982 but its Stock performed poorly. By 1994 the company had come under the control of Malcom Glazer . It no longer engaged in exploration, but owned several Natural Gas service companies. It also produced Protein products from the Menhaden fish. In subsequent years Zapata sold its energy-related businesses and focused on marine protein. Between 1998 and 2000 , Zapata tried to position itself as an Internet media company under the "zap.com" name. The company's stock boomed and crashed along with other Dot-com s, and in 2001 the company conducted a 1 for 10 reverse Stock Split . The venture was cited by many investment journalists as an example of a company jumping on the internet Bandwagon without any relevant experience. The Zapata Corporation also serves as an investment vehicle for the Glazer family. Avram Glazer is the Chairman and Chief Executive Officer of Zapata. REFERENCES
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