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Microcap & Penny Stocks : ZuluGroup.com (ZULU/ESVS)-Ecommerce & Internet Advertising
ZULU 0.0002000.0%Nov 7 9:30 AM EST
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To: Jon Tara who wrote (1772)4/28/1999 9:30:00 AM
From: PartyTime   of 2003
 
I appreciate the advise, Jon. But TRGC has just come out of bankruptcy after the CEO fled to Colombia and the courts and SEC seized his assets. We all thought out shares had turned into wallpaper. But a shareholders committee formed and petitioned the court for control of the company. Some old Houston oil hands who were friendly with some of the investors who lost, assisted in restructuring the company. Hence the name change and the new symbol pending.

To compensate for losses shareholders incurred, holders of a time certain now have an option to purchase an equal amount of shares for .25. This means, since I own 1500 shares, even if the stock is trading at fifty cents to a dollar, I have a right to buy 1500 additional shares for .25.

This is a rare story, Jon, and quite unlike the ZULU/ESVS saga. It's a case where shareholders rose up, took control and won. I think you'll find future developments very, very interesting. For example, have you ever seen the management of ZULU or ESVS do the following:

trinityenergy.com

Trinity investors still have a long way to go. But at least we are prospective after experiencing the past year and a half with feelings of complete doom.
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