SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ZuluGroup.com (ZULU/ESVS)-Ecommerce & Internet Advertising
ZULU 0.0001000-50.0%Mar 7 3:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Brady B. who wrote (200)1/21/1999 11:00:00 AM
From: HIGHPLANESDRIFTER  Read Replies (6) of 2003
 
But they're not both on the boards ... the final price is uncertain ... if they exchange yesterday's close (I don't know about today) , you LOSE 50 cents per share for each Zulu (about 17% for math tyros) ...

I have stated my belief that it is dangerous to hold a substantially-higher-than-ESVS Zulu overnight if there is a possibility that the conversion will be crystallized before the next trading day ... that would be what you would call a Gap Down while you slept ... if they would promise to give a couple days notice before conversion and after approval of the merger, of course that would eliminate the concern for shareholders now blowing in the wind (as usual) ... I haven't seen such an undertaking ...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext