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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: CWIII who wrote (1264)3/1/1999 10:24:00 AM
From: Jon Tara  Read Replies (1) of 2003
 
Two of the consulting agreements are retroactive to January 1, and are primarly for services already rendered. (Great job guys, you really got the stock price up!)

The remaining agreemented dates back to October, and is for consulting regarding European operations.

What does this do to the ratio? It would seem it has to change it. ESVS no longer has 5.2 million shares (this is something like 800K more shares now) and ZULU still has 5.2M. They therefore can't do a 1:1 deal, unless ZULU issues more shares too.

When are we going to see the deal completed? From last week's press release, it would seem that was imminent.
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