Zealous Changes Name, Will Sell Off Adult Assets

LOS ANGELES — Zealous Inc. has changed its corporate name and plans to shed its assets that have adult industry ties, XBIZ has learned.

Zealous will now be known as CoreStream Energy Inc., and the company seeks to broaden its ventures to include gas and oil exploration and development.

The latest announcement comes after Milton (Tod) Ault resigned as its CEO, chairman of the board and president. Ault still owns 23 percent of the company's shares.

Up until November 2008, the company operated under the moniker Adult Entertainment Capital Inc.

For years, it has published adult nightclub magazine Stilletto, operated TheAdultSpot.com and distributed nutraceutical drinks RockHard Weekend and Surge.

The company in a statement said it is "pursuing opportunities to drill in areas with proven reserves and to purchase existing production with large geological offset opportunities."

The company also said it plans on divesting its non-gas and oil assets over the next several months.

"A few offers are pending for [RockHard Weekend and Surge] and management is working on determining the best path for the company," the company said in documents obtained by XBIZ.

"[TheAdultSpot] is in negotiations to be sold to a third party while Ault has been retained as a consultant to help liquidate the remaining assets to the benefit of the company's creditors and investors."

Last year, the company had a net loss of $5.9 million, according to documents obtained by XBIZ.

XBIZ calls for comment to newly installed CEO Chris Rainbolt and former CEO Ault went unreturned at post time.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

XBIZ Expo Website Goes Live, Registration Now Open

The event website for the 2026 XBIZ Expo pleasure product and retail trade show is now live, offering comprehensive information about the upcoming hybrid “3D” edition of the B2B event set to take place Jan. 8-12.

Lovense Introduces 'Moan Translation' App Feature

Lovense has introduced the new Real-Time Moan Translation feature for its app.

Arcom to Expand AV Enforcement to Smaller Adult Sites

The president of French media regulator Arcom revealed on Thursday that the agency plans to escalate its enforcement of age verification rules to include smaller adult sites, starting in late 2025 or early 2026.

Electric Novelties Expands 'Blue Line C&B Gear' Collection

Electric Novelties has introduced 19 new items from its Blue Line C&B Gear collection.

Biird Debuts 'Namii 2' Vibrator

Biird has introduced its Namii 2 vibrating suction toy.

Osuga Debuts 'Papillon' 3-in-1 Nipple Vibe

Pleasure brand Osuga has introduced its new Papillon three-in-one nipple vibrator.

AEBN Publishes Report on MILF, Cougar Trends

AEBN has published a report on MILF and Cougar categories from its straight theaters.

Hubba Hubba Launches Crowdfunding Campaign

Adult retailer Hubba Hubba has launched a GoFundMe to raise funds for store repairs and to pay its bills.

Kheper Releases New 'Santa's Secret Positions' Game Collection

Kheper Games has released its new "Santa’s Secret Positions" collection of couples games.

DDLGland Debuts 'Halloween' Butt Plug Collection

Pleasure brand DDLGland has unveiled its new Halloween butt plug collection.

Show More