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

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To: Terry Over who wrote (2352)2/28/1998 11:21:00 PM
From: Seth Shafer  Read Replies (2) of 18444
 
Thanks for all the work, Matty. Great job. As with anything, there are more questions to be answered but I think this goes a long way in establishing the most basic and important point (i.e. these guys are for real and not merely a shell designed for scam purposes, etc, with no offices or employees.) Just be ready for Motherslapped to jump all over a few things, in his usual non-informative, biased way. He'll probably focus on the construction you mentioned at the office site as a sure sign of shady dealings, ignoring, as always, that any company at this stage will be exhibiting growing pains, and will try his damndest to spin this positive expansion as something negative. He'll also jump over the fact that Tom Burgess had no idea of the total of outstanding shares, ignoring again the whole growth issue, and the fact that absolutely no one was asking these questions of Tom or anyone at the company a week ago, making it perfectly natural that he couldn't reel off the latest figures. He'll also lay into you for the fact that you asked everyone to stop calling the offices for information, and, for once, I agree with him. While I understand the motivation for trying to reduce the sheer amount of drudgework involved in answering a kazillion telephone queries requesting the same info (allowing for more productive endeavors) I'm not sure I'm comfortable with the idea of anyone on SI, not just you, acting as a go-between for shareholders. It's the company's business to deal with phone calls, especially from stockholders, so they should deal with it. Withholding phone numbers, IMHO, looks bad, even if the motivation is well-intentioned. But thanks again for all the work, and I know I'm not the only one here who's grateful. Enjoy the weekend.
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