DEJ63:
Per the latest ESVS PRE14A:
freeedgar.com
(REF - PAGE 12)
The Board of Directors has fixed December 15, 1998 as the Record Date for the determination of the stockholders entitled to notice of, and to vote at, the Annual Meeting or any adjournment or postponement of the Annual Meeting. This proxy statement and accompanying proxy will be mailed beginning on or about January 13th, 1999 to give holders of the Company's Common Stock of record on the Record Date an opportunity to vote at the Annual Meeting.
The above implies that the "Merger" proxy statements will be mailed on 1/13/98 or sometime during that week.
(REF - PAGE 33)
The Reorganization Agreement provides that if the conversion of the
1998(B) Preferred Stock is not approved by the stockholders of the Company prior to January 31, 1999, either party shall have the right to terminate the transaction.
The above implies that the shareholders meeting could take place on or before the mentioned date.
(REF - PAGE 33)
In connection with the Reorganization, the Board of Directors of Zulu-tek will adopt a plan of liquidation, contingent upon the approval of the conversion of the 1998(B) Preferred Stock and approval of the plan of liquidation by the Zulu-tek stockholders. The plan of liquidation as currently contemplated would require Zulu-tek to distribute the 5.2 million shares of the Company's Common Stock, the 1998(C) Preferred Stock and the cash, if any, (its only assets) to the Zulu-tek stockholders and to liquidate no later than February 28, 1999.
The above implies that the shareholders of ZULU will get their shares of the "NEW" company (ZULUGROUP.COM) by no later than the above date mentioned. This would also imply that the deal could be done by no later than March 1, 1999.'
(REF - PAGE 40)
The Company has formally appealed the delisting of its Common Stock and has been advised that Company submission must be made by March 10, 1999 after which the Review Council will consider the appeal.
The above would imply that if approved the "New" ZULUGROUP.COM could be back on NASDAQ by Mid March, early April.
Hopes this helps -- CWIII |
