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

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To: PartyTime who wrote (8700)6/11/1998 4:30:00 PM
From: Brady B.  Read Replies (2) of 18444
 
Isn't it true that once they did a stock swap it became easier for them to integrate their activities within a business combination.

Yes Party, you are correct in your assumption. If you read Item 5 of the 8-K you will find that Netvest was only holding the Zulu stock. Whether this was collateral or whatever ever, it says no where that the stock was signed over to Netvest. It was exchanged.

Now, whenever Zulu satisfies its obligations with netvest the stock will go back to zulu. Otherwise why would zulu even be mentioned any further in the 8-k and be in for the split.

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