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

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To: boogieman who wrote (260)1/20/1998 8:41:00 AM
From: Land Shark  Read Replies (1) of 18444
 
Thanks for the URL. This is great info. Skippy has some valid questions. His arrogance sucks though.

I agree somewhat with skippy there may be some dilution in the future. But, revenues are going to increase as business will surely increase. Also, the prefered shares are "tightly held". The holders would only liquidate if they believe the company is likely to go under in the near term. Liquidation won't happen at least until Aug. '98.

From the proforma report, the cash situation looks a little tight. No meantion there of the 20m cash that the company claims to have for acquisitions in '98. The revenues there do not account for those coming from recent acquisitions (Auto-Trak etc.) and presumably these are improving the situation.

This is a start-up company and there are likely to be growing pains. Like skippy said, Zulu has been making good acqusitions that fit in well, revenues are going to increase, internet advertising is an exploding market.
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