Just my opinion, but market conditions, lack of other information, and general nervousness over the delays, have impacted price as much as anything else.
P.H. may be an oddball, and is so afraid of PR problems from the past that he has everything under tight wraps (except for the moronic interview he provided, which suggests he would be well-advised to avoid any public relations efforts)).
My hunch is that the deal is coming together and this is a good entry point for some. But, again, that is said with no reliable information, just speculation.
Big question is which stock to buy now, and whether ZULU is going to get screwed on the conversion. If conversion ratio based strictly on prospective values (as P.H. stated), without any consideration of the huge asset value of ZULU (using hypothetical revenue analysis) compared to ESVS, I will be first in line to pursue a shareholder lawsuit.
Irrespective, we need to see financials before we can draw any judgments at all. Until financials are released, we won't be able to evaluate anything. Once they are released, we may not have much time to "evaluate" and "react" to a lousy conversion ratio. |
