ZuluGroup.com (ZULU/ESVS)-Ecommerce & Internet Advertising Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: randmiser who wrote (1157)	2/22/1999 9:08:00 AM
From: Brady B.	Read Replies (2) of 2003

Maas newsitos (more news)................. Zulu Subsidiary Brands For Less.com (Holdings) Inc. Announces Plans for IPO LOS ANGELES, Feb. 22 /PRNewswire/ -- As announced earlier today, Brands For Less.com (Holdings), Inc. was acquired from Enhanced Services Company, Inc. (OTC: "ESVS") by Zulu-tek, Inc. (OTC Bulletin Board: ZULU). Brands For Less.com (Holdings), Inc. will immediately go forward with its plans to offer a minority portion of its common stock to the public in an underwritten initial public offering. The Company's goal is for gross proceeds of approximately $80 million, which will be earmarked for working capital in furtherance of the Company's e-commerce business and to repay debt. The offering is expected to be completed within 150 days. Brands For Less.com (Holdings), Inc. is an online intermediary which operates one of the first Internet-based department stores incorporating in one location many online specialty retailers across popular consumer product categories at significant discount prices. Forward-looking statements in this release concerning trends or anticipated operating results are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties related to the Company's operations. These risks and uncertainties include, but are not limited to, competitive factors (including the possibility of increased competition or technological development, competitors and price pressures); legal factors (such as limited protection of the Company's proprietary technology and changes in government regulation); the Company's dependence on key personnel and significant customers; and stock market conditions and factors affecting underwriting and valuations. SOURCE Zulu-tek, Inc. CO: Brands For Less.com (Holdings), Inc.; Zulu-tek, Inc. ST: California IN: CPR MLM REA SU: OFR

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next