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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU)

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To: Sam Matz who wrote (8829)6/13/1998 10:58:00 AM
From: Terry T.  Read Replies (1) of 18444
 
Funny, this has been my theme and issue over the past 3 months, as well. However, as I see more and more joint references to ZULU, etc., and since the "exploitation" of ZULU's name, goodwill, management team, etc., is so obvious, it would be an outrageous and illegal predatory act for ESVS to rip off ZULU by terminating negotiations. I would be happy to be a named plaintiff in a securities lawsuit, if that happens. I just don't think that will happen, though, since NetVest obviously controls both entities, and will no doubt be accused of breach of fiduciary duty by one or both groups of ESVS and ZULU shareholders. The only way to come up with a fair exchange would be (i) a fixed allocation early on, before all of the commingling of names, management personnel, etc., or (ii) audited financial statements. Just my opinion, of course.

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