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

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To: slipnsip who wrote (3043)3/9/1998 1:43:00 PM
From: JOHN WHITE  Read Replies (2) of 18444
 
Initially looks to me like ESVS has been struggling along with its Multimedia Compression/Digital Video Decompression via its NB Digital Solutions with thoughts about the emerging DVD market .

Then comes along an opportunity to make a killing $$$ by going in with NETZ letting them use their technology for internet- movie -ads for an "equity stake" .

This new alliance needs a strong cash base to expand (and exist until it becomes profitable) so hence the $50mm private placement .

Granted there is a whole lot more to this story than we now know or may ever know . Lair and Mecham are two guys that didn't fall off the turnip truck yesterday though.

Every one needs to stand back and give management some elbow room and watch NETZ grow . Sure NETZ's management has and will make mistakes but I think its investors will be rewarded greatly not too far down the road.
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