Very good, Aleta. I too have heard through the grapevine that some 'heavy-type' people have been buying ESVS. So I guess it's a case of why change a name when you don't have to. In effect, ESVS will become the holding company and the Zulu "Interactive" Group components--ZuluTek, ZuluMedia and ZuluCommerce--will function as subsidiaries? Is this how it adds up?
So the ESVS folks must read it like this: Rather than plummet into the depths of penny land and become a failing stock, is it not better to own 20% of a fast-breaking, leading-edge online advertising stock that has a capacity to hit 100 in the market?
So, in effect, 20% is what Zulu is paying ESVS in order to get the listing. How much did Doubleclick pay Goldman Sachs? Anyone know? This would be a very good comparative.
But if the interpretation above is correct, as usual, I'm still, as the Zulu holder, down there with the little people. I guess some things never change. But it is a comforting feeling to know that you can come from the bottom and work your way to the top.
Either way, it's ALL good news given what will happen once the two companies become consolidated. And even then, this will only be the beginning, albeit a new beginning. |
