I'm not sure we need another thread, Joe. But you could be right about investors being hesitant about penny stocks, and maybe some new blood will come into the picture.
Actually, both Aleta and Joe, I don't think that Hayton has any intention of screwing Tom Burgess out of his two million Zulu shares, which Burgess received when he sold echoMEDIA, and it's proprietary SesameAd technology, to Zulu.
Again, remember that Zulu has the potential to lift over a dollar in share price if presented in a proper PR strategy (i.e., audit release, merger announcement and positive press from Wired). The higher goes Zulu, the closer the conversion ratio.
Personally, I think Hayton and his investors have allies on both sides of the fence and do not intend to slight either side. I remember the early remarks of Burgess, as well as IR representatives, stating the the conversion will be fair to both sides. I continue in this belief.
Aleta, in my opinion--for what it's worth--I think it would be a mistake to sell Zulu and buy ESVS. You're better off hedging by holding Zulu and buying ESVS anew. |
