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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU)
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To: randmiser who wrote (17900)1/8/1999 7:33:00 PM
From: Bagladdy  Read Replies (1) of 18444
 
Randmiser,

Tom at the Sitrick company told me that the shares will be used for acquitions. Indeed most upstart companies with no money and with what they deem to be a good plan follow this idea. RDIM is in process of doing the very same thing right now.

They (RDIM) have assembled a management team, have letters of intent to purchase various businesses, have hired a PR group that is very good at getting the news out, and are beating the pavement on the potential of the stock in order to get the price up to the point that they can use the stock to purchase these other companies.

Of course, RDIM doesn't have the baggage that ZULU/ESVS has and the above does not imply that ZULU is like RDIM or vice versa.

I do like the fact that ZULU/ESVS has put forth this document. They have not only aired their ideas, goals; but more importantly, their dirty laundry. They could have just buried that soiled heap deeper in the basket.

Maybe there is life here. Time will tell. By the way, I haven't read the entire document yet.

Charles
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