Zulu-tek, Inc. (ZULU) Message Board

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

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To: Joe Copia who wrote (1710)	2/25/1998 11:22:00 PM
From: OtherChap	Read Replies (2) of 18444

Remember how I told everyone that today (Wednesday the 25th) was the last day you'll ever be able to sell NETZ above 1 dollar? It's going to open at 85 cents tomorrow and head down from there as people try to salvage what is left of their profits. Don't say I didnt warn you. The hype is over, there are no financials, the web site doesnt even work.. And remember this, people keep saying there are around 30-40 million shares out there.. (none of this is from audited statements, so it is ALL just a guesstimate) but there is one fact- the shell company that NETZ merged into did a 500:1 reverse split. If they did that, and you assume there are 30-40 million shares NOW, that means there had to be around 20 BILLION shares before the split. What the hell kind of company has 20 billion shares? And if the reverse split only brought the price up to around 70 cents at its peak, that means each share was previously worth around .0000001 cents. Think about it.

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