Zulu-tek, Inc. (ZULU) Message Board

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

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To: emergencyops who wrote (2999)	3/9/1998 11:42:00 AM
From: tahoeman	Read Replies (2) of 18444

Someone must be providing $50 Million in exchange for Convertible Preferred Shares in ESVS. That's a lot of money...someone or company sees value in bringing these companies together... The Preferred Shares in ESVS are probably convertible under some stated provisions after a point in time for a certain number of Common Shares, and possibly at a certain guaranteed price. Thereby dilluting ESVS....which might not mean anything if the combined value of the companies is hugh... Of that $50 Million, I'm curious of how much will Zulu-tek be receiving, and under what arrangement.

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