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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU)
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To: Jon Tara who wrote (16955)12/14/1998 12:47:00 PM
From: Terry T.  Read Replies (1) of 18444
 
Unfortunately, ESVS has 'bootstrapped' itself into a better bargaining position, even without the NASDQ listing, because it has long ago "taken over" ZULU and its operations. Thus, there is a question as to what post-March 9 ideas/products can be claimed solely by ZULU, even though its business and management have no doubt been the catalyst for the post-March 9 ideas/products.

This is another example of how ZULU management has done "diddly" to protect its assets and interests, in the event the NASDQ listing fell through.

The bottome line: these companies are wedded to one another, all though ESVS may be better compared to a leech (with management's and the controlling's shareholders' built-in bias for ESVS) sucking the life out of Zulu. Just my opinion, of course.
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