Zulu-tek, Inc. (ZULU) Message Board

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

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To: Ken Martin who wrote (14001)	9/14/1998 2:23:00 PM
From: BlueFox	Read Replies (1) of 18444

the offer was for $30MM, and this would be split between Asset/Liabilities/Equity in Zulu, what does this have to do with the current price of ESVS or ZULU? The value of the transaction included 5.2MM shares of ESVS valued at 12MM on the day of the announcement. The transaction would be valued at less than $30MM today, since the $12MM stock portion of the transaction would now be valued at 7.15MM. The key point to note is that this isn't a cash deal, it's a stock transfer deal, so the value fluctuates with the value of the stock in the transaction.

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