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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU)
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To: CWIII who wrote (7386)5/22/1998 9:58:00 PM
From: Jon Tara  Read Replies (2) of 18444
 
Clifton, sure, with conversion of preferred, and a stock split, you could indeed wind up with a 1 to 10 or 1 to 5 ratio of ZULU to ESVS.

But ESVS would be trading at a much lower price after the conversion and split. The net result is the same.

I doubt that ESVS would want to do a split, since it would turn it into a penny stock.
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