>>>And I am more convinced as ever that ZULU brings absolutely nothing to the party and that the combination makes absolutely no business sense. It's ESVS that has the high-power executives, and that is the only asset that either of them has. ZULU's past is a significant liability. All ZULU has is lawsuits and angry ex-customers and angry ex-suppliers.<<<
I don't agree with you, Jon, that Zulu brings nothing to the table. I think Zulu brings a whole lot. First off, the technology of echoMEDIA; and, secondly, sales and marketing contacts from Softbank Interactive Marketing. Even though there have been many changes regarding clientele, there's nothing to say that former clients won't give a new look to a completely revamped company, particularly one operating profitably as opposed to the old one which operated at a loss; and also a company which will present a highly industrywide-respected executive management team. Remember, more appointments are to come!
I believe both Wide Web Media (Murdoch's former group, which was purchased by Zulu) and Softbank Interactive Marketing also have demographics technology which can be helpful as well. For example, the IShark family Internet group highly praises what Zulu offers. You will also note references in the SEC filings with respect to Zulu's proprietary online advertising technology (see the thread header above, re: 3-Speed and Sesame-ad).
I firmly believe both Zulu and Omni will work in concert with the advertising component of the ZuluGroup business plan. BFL and business alliances with J&R Music, County Seat, PowerX, Top Rank and others not yet announced, will all be part of the ecommerce component. SIM, Wide Web Media will assist in each. Meanwhile, the technology end will be supported by Laptop Solutions as it continues with its deal with Panasonic. And as an aside, during my initial meeting with Pat Hayton, he informed me that the Auto-Trak concept has not been discarded, but, at that time, was on the "back-burner."
So, according to the business plan, which has been modelled for at least two-thirds of a year, there will be three components: a) online advertising; b) ecommerce and c) technology. All of these will be under the newly Deleware-incorporated ZuluGroup.com which will, according to the SEC filings, immediately come into existence as soon as the Zulu-Tek/ESVS acquisition is completed.
The deal will happen. This business plan has already encountered too much resistance in the past. For the Zulu/ESVS agreement not to take place would be an event of enormous significance and repercussion, and one which would disrupt the venture capital behind the ZuluGroup.com business plan and one which certainly would instill an enormous uprising among investors--myself included.
In consideration of the fact of Zulu's reverse split and both companies now in line for a one to one conversion, coupled with the trading parity (evidenced in recent weeks) this combination is definitely on track. And once completed, we will no longer see market makers manipulating two stocks and we'll be trading as one entity, hopefully winning the Nasdaq appeal set for March.
I think that it's likely given all of past disruption from disgruntled and protesting SIMer execs, the resultant bad press and tremendous onslaught of negative posting, the SEC is providing this deal extra scrutiny. It will pass muster and this is evidenced by all of the work that has been and is being undertaken with respect to the SEC filings. Remember, even though ESVS was delisted, this delisting was due to a technicality and the company has continued to operate consistent with Nasdaq reporting and listing requirements, to the point where all of Zulu's budget is included in the ESVS reporting.
It's my opinion that it doesn't matter whether you buy Zulu or ESVS. It's simply a question of which one is cheaper at the point of purchase, considering commissions and taxes, etc.
Like I said in my earlier post, Zulu is not the scam you once thought it was. And even Terry T saw this when he presented his final comments before investing into the PNLK/AT&T deal. I firmly believe that we will see Terry T posting again in ZuluLand. And you've also got to remember, Jon: It is ZuluGroup.com, not ESVSGroup.com.
Whatever ultimately happens, I hope your ESVS investment succeeds to the point where you'll find it prudent to buy even more of it. You certainly know the stock well enough by now that you'll be able to also play it's peaks and valleys as time moves on.
My better wish for you, Jon, is that you'll find this investment rewarding enough that you'll be able to benefit well enough to get your own stock discussion forum, Stock Club, up to speed with the times. And you do know from my past comments that I like your Stock Club concept. I liked it well enough to recommend its inclusion as part of my friend's new Internet company.
In closing, your comment regarding role reversal? Uh-huh, not me! I'm long, always have been and intend to remain that way. I think ZuluGroup.com is in line with the times with which we live and I see its long term business plan as very successful in the future. It's my hope that you will evolve into this viewpoint as well.
Good luck!
PartyTime |
