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Correction of Error (Tables)

3 Months Ended

Mar. 31, 2013

As a result the results of operations for the three months ended March 31, 2012 for 2012 have been restated as follows:

		For the Three Months Ended March 31, 2013
		As Previously				As Currently
		Reported		Adjustment		Reported
Other income (expenses)
	Change in fair value of warrants	$	-	$	(116,953)	$	(116,953)
	Total other income and expenses		(107,020)		(116,953)		(223,973)

Net income attributable to Zoom Technologies, Inc.		$	641,885		(116,953)	$	524,932

Basic and diluted income per common share:
	Basic	$	0.03	$	(0.01)	$	0.02
	Diluted	$	0.03	$	(0.01)	$	0.02

- Definition

Tabular disclosure of the nature and effects of a restatement to correct an error in the reported results of operations of prior periods. When prior period adjustments are recorded, the resulting effects (both gross and net of applicable income tax) on the net income of prior periods are disclosed in the annual report for the year in which the adjustments are made, and amended filings of previously issued reports are typically issued.

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