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

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To: Terry T. who wrote (14106)9/16/1998 10:31:00 AM
From: BlueFox  Read Replies (1) of 18444
 
perhaps ESVS stock total relates to Netvest deal, where it got 1million ESVS preferred in March 1998, which are convertible into about 2.9 million ESVS common. Perhaps Netvest also got benefit of stock split/dividend and now gets 5.8 million.

That would seem to be the case. The actual numbers are 2.772 million (or 5.544 post-split) shares. These shares also have "piggy-back" rights to be registered when any shares issued as part of a merger, acquisition, etc, are registered.

BF
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