Zulu-tek, Inc. (ZULU) Message Board

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

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To: BlueFox who wrote (7582)	5/27/1998 10:41:00 AM
From: PartyTime	Read Replies (2) of 18444

Again, I'm no expert. But the way I read it, it meant a free share at whatever the trading rate was on 5/22. So if you've got one ESVS share worth $5.00, you now have two shares worth $5.00 each--in effect, ESVS shareholders (who are predominantly insiders) double their money. Is this perhaps the payoff for giving up the name of the company and the Nasdaq listing? Or is this a way to return value to investors who put up private placement money? I don't know. But I agree that it also helps Zulu shareholders once the conversion in the merger takes place. What I think it will do is drive ESVS selling, which will bring the price down. As ESVS goes down, and Zulu goes up, the conversion for Zulu shareholders improves. But then again, what do I know? I'm still learning. I'm good at recognizing negative and positive values when it comes to words, but I'm much less competent in recognizing negative and positive values when it comes to numbers. Which is why I tend to yield when the formulas become complicated. In any event, is something wrong with the scenario I've just described above? I wrote something to this extent earlier, but no one responded to it.

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