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

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To: OtherChap who wrote (2781)3/4/1998 10:13:00 AM
From: OtherChap   of 18444
 
Hey Joe, I posted part of this yesterday and you responded
to it by saying "please quit".. Now today you suddenly
"find" the same article, and it's horrible news? You could
have listened to me yesterday and saved 20%..

**snip**

To those who think that Hayton isn't running Zulu, listen to
it from the horses mouth- Gordon Simpson, the former director
of European operations for Softbank Interactive.

from wired.com

"When Zulu-Tek bought Softbank Interactive in January, Simpson said, he had conversations with the Australian financier who engineered the sale, Pattinson Hayton, and his associate, Neil Miller. Simpson says that the pair, who in 1987 were partners in a British investment venture placed in receivership for allegedly failing to safeguard investor funds, are "absolutely running" Zulu-Tek. "

then of course there is the previous story in wired that reveals
some of Hayton's history:

"Hayton has been sanctioned repeatedly over the last 15 years by securities regulators in both the United States and Great Britain, in actions by both administrative and judicial bodies, and has been named by business partners in a string of lawsuits alleging financial impropriety. In 1991 the Immigration and Naturalization Service ordered him to be deported, which he avoided by marrying a US citizen. And at least one member of Hayton's supporting cast at Zulu-Tek has also suffered professional sanctions for alleged financial mismanagement of public funds. "
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