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 (3024)	3/9/1998 12:18:00 PM
From: BlackStar	Read Replies (1) of 18444

It is the other way around, NETZ is issuing the preferred to ESVS for some amount of money. PRINTING SHARES in exchange for cash. Still foggy... So NETZ sells $50 mil worth of pshares to ESVS, right? NETZ gets some kind of financial return. Why? Who benefits? Looking at the profile for ESVS I am not even sure if ESVS as a company is good for NETZ. Or is the merging/collaboration only a front for the financing deal? ESVS is not a financial institution, it's a holding company that owns some multimedia/engineering companies... Why? Who benefits? I don't understand...

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