Jon Tara: "Does PT have facts to back up his positive seeds of hope?"
Yeah, Jon. I've got one really good fact for you: The Netvest Group to date has brought together the following components: Mediabank, Wide Web Media, AutoTrak, echoMedia, Softbank Interactive Marketing, Enhanced Services Corp and Brandsforless. They are currently working on the details of business partnerships with Top Rank, County Seat and PowerX. And this all began when they first bought an OTC shell named Star Medical, changed the name to Netmaster Group (NETZ) and, due to the existence of another Netmaster, then changed the name to Zulu-tek (ZULU).
In the course of trying to pull it together, they've had the executive assistance of Ronald Meatchem, formerly of BMW; Steve Lair, formerly of Texas Instruments/Acer Corp; and James Green, formerly of Disney and Pixar and John Ruienz, formerly from Digital. The foregoing are no longer with the company, but this does demonstate an ability for the ZuluGroup.com concept to attract top-notch talent; and a high-powered CEO-type is rumored to come on board when the merger is finalized.
Meanwhile, presently on board is Roger Mincheff, formerly of Zintropy; Robert Chmiel, formerly of Disney and Barnes and Noble; Steve Bostic, formerly of AOL Digital City, Mark Rudholm, formerly of Boxtop Interactive and technical/support employees who remain from Softbank Interaction Marketing and some of the other companies which have been acquired.
Meanwhile, the advertising unit has a very nice former SIM/echoMEDIA list by which to attract clients; the ecommerce unit looks very good with brandsforless.com, Top Rank, PowerX and County Seat; and the technical componet of Laptop Solutions has a very nice deal going with Panasonic.
[NOTE: I think I've got everything right above--someone please correct me if I'm wrong--thanks.]
Jon, these facts, put together, are not all that bad. Are they? Now add in the difficulties of consolidation of respective business components, technologies, employees and facilities; the burdenous task of getting up to speed with the SEC, the Nasdaq and OTC boards, brokerage houses, investor and public relations, etc. and what you get is a lot of work and no overnight miracles.
We investors, of course, all wanted the overnight miracle and got very edgy, thanks to your horrible efforts, when we didn't get that overnight miracle. I wanted it too, but I've learned to temper my expectations and my position. I just wish you, Jon Tara, would not be more objective, but at least begin being objective. |
