Zulu-tek, Inc. (ZULU) Message Board

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

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To: slipnsip who wrote (3043)	3/9/1998 1:04:00 PM
From: BlackStar	Read Replies (2) of 18444

They made a significant investment in NETZ. What is considered to be significant? Not disclosed. Is it 50MM or 1MM?? I don't think so. If it was 50MM, then would own NETZ not just have made a significant contribution.. Um, they have already placed a significant investment in NETZ as per the NETZ release... Then they a going to sink $50 mil worth of debentures into NETZ in mid March. I read it as two things: one already done and the other soon to be made. What the heck makes ESVS think they can raise 50MM?? Based on their financing as presented by Tahoe I think, it would seem difficult to achieve.... One thing I am sure of is that the current ESVS is not generating this kind of cash from its ongoing business. The deal - as it stands, being made by ESVS - as it stands, will dilute their stock 'significantly'. They only have a few mil shares out... The deal would float about 10 mil shares more... No? There must be some pretty firm hands behind all of this. Too many questions...

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