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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU)
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To: CWIII who wrote (18190)1/12/1999 2:31:00 PM
From: The Pope  Read Replies (1) of 18444
 
(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.

. . . or not at all. The wording of the above paragraph implies that the merger could be terminated by default.
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