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Microcap & Penny Stocks : ZuluGroup.com (ZULU/ESVS)-Ecommerce & Internet Advertising
ZULU 0.0001000-50.0%Mar 7 3:00 PM EST

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To: PartyTime who wrote (1211)2/24/1999 9:58:00 AM
From: Jon Tara  Read Replies (1) of 2003
 
BrandsForLess.com Ends Discussions to Be Acquired by Zulu-tek, Inc. (Wednesday February 24)

biz.yahoo.com

Ladies and Gentlemen, we have been had!

BFL pulls out of the deal. Yet, previous press releases unequivocally referred-to the acquisition of BFL as an accomplished feat.

Zulu Subsidiary Brands For Less.com (Holdings), Inc. Announces Plans for IPO (Monday February 22)

biz.yahoo.com

Enhanced Services Subsidiary BrandsForLess.com (Holdings), Inc. Announces Plans for IPO

biz.yahoo.com

I guess it just got too deep for Russel. They've got to be kicking themselves for not having seen it coming.

On the other hand, BFL may get the last laugh. What happens to the cash paid to BFL at time of the acquisition? Does BFL pay them back, or is it forfeited?
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