Terry, aside from all of the hootin' and hollerin' on the negative side--they didn't do this; they didn't do that; when they did that, they didn't do this; when they did this, they didn't do that; Hayton's bad; the company's bad; PartyTime's bad; where's the financials; we're being screwed; it's a scam; debts; ad-server doesn't exist; no clients; website sucks; they didn't call me back; whatever!--I think you've clearly forgotten one of your very own strong points you used to suggest: All the legal work that's being done!
Terry, what's all that legal work all about? You really think it's all put together to screw little ole' me, or poor Brady or crying Aleta? Do you think it's a conspiracy against Randmiser? Come on, Terry, be a little more real during your perusal of the legal documents. Go back and read 'em again! They're quite complex, aren't they? And they exist for a reason.
I think many on this thread have made a grave mistake by letting Jon Tara and Aleta set the standards in this one. What the hell is this supposed to be, a smooth, free ride to millionairedom? So let's be a bit more realistic.
Zulu has had to fight a lot of issues on a lot of fronts, in a cutthroat industry to boot! And toward this end, the company has two prizes, echoMEDIA and its proprietary technology (how come this isn't discussed so much--because everyone's concentrating on the other diversionary crap!); and Softbank Interactive Marketing, which has superb demographic sales and marketing strategies and clientele. Yes, those client contacts still exist. And I'd bet you dollars to donuts Zulu's relationships with those clients are not as abused as the Jon Tara and Aleta camp would like you to think they are.
Look, Terry, just 'cause there's a lot of termites eating the wood doesn't mean it's not good wood. So give the company a chance to get rid of the bugs. How much time do you think was lost trying to figure out whether or not they could do the deal over the ex-SIMers' objections?
Given, let's call 'em neat, connections of the SIMers--tradesmen each within the industry far and wide--and the resultant bad press, it's gotta be hard not just recruiting new talent but, given the resultant morale issues, holding onto such talent. It's been little over a year now and, sure, not every deal has worked--but some of 'em have. And there's more still coming to the table.
And the ESVS/ZULU deal is now in its 11th hour. The technicality of the Nasdaq deadline due to the failure of the merger to have already happened, caused this delisting. When Nasdaq delists, if a technicality causes a chain of defaults, it will list the whole chain reaction for its justification. This is not uncommon. Heck, it's like padding a lawsuit.
I'm telling ya, it's not as bad as you think it is. Even you alluded to how ESVS, which is doing all the filing, could made the Zulu shareholder notification mistake (go back and read the 10-QSB relative to notification precedents set by Star Medical). Well, it's a technicality of this kind which delayed the merger, which caused the delisting.
CORRECTION: Speaking of the 10-QSB, I earlier today made two errors when I posted that there is a 20 million dollar loan of which 1.5 has already been delivered with the remainder set a November 30, 1998 delivery. Error number one? My memory was tired and worn when said it was in the 8K. It's not. It can be found in the 10-QSB, page 11, (para 3). Error number two? Only $1,050,000 was delivered, not 1.5 million. So this should, contrary to what you were suggesting earlier, tell us that the company has money to operate.
Now, my advice to everyone--including you, Terry--is to let the company set the standards for what is happening, not Jon Tara or Aleta.
When something happens and it's a good ole' knuckleball-type obstacle? Well, let's all have the patience to get the skinny first from company reps, before we begin assuming JT and Aleta are correct. Keep an open mind. This is all I've tried to do, and look how I've become a victim of diversionary attacks. If more of you did this, I wouldn't be such a victim! (LOL)
In closing, the business plan and the players who are getting involved are sound. It's good wood. Let it grow. Don't yet make too harsh of a judgment when its only recently begun to grow its first ring to its trunk. |
