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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU) -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (540)	2/11/1998 9:14:00 PM
From: milesofstyles	Respond to of 18444

here is your ad "SIM Execs Depart as Zulu-TEK Takes Over [January 26] Top execs are said to be bailing out at Softbank Interactive Marketing (SIM), just a few weeks after the takeover by zulu-TEK. Already gone is Andy Batkin, chairman, who founded SIM as Interactive Marketing in 1994 with Yahoo! as its flagship client. And now, according to Adweek, chief executive officer Caroline Vanderlip, who had been expected to stay with the new ownership, has decided to leave, citing "personal reasons." The departures leave the management of the company to the new majority owners, including Zulu-TEK chairman Ron Meatchem, as well as Pat Hayton and Neil Miller, who sit on the Newport, RI-based company's board of directors. "You won't see any more [management] changes," Meatchem, a 40-year auto industry veteran who will become acting CEO until that position is dissolved as part of a reorganization early next month, was quoted as saying. Zulu has said its plan for Softbank is to merge the firm with its echoMedia unit. The integration of software development with Softbank will help the firm compete with DoubleClick, which has both proprietary software and an ad network." i think ladyluck answered some others for you and i can also tell you that the company still has their 20m kitty and softbank was a paper swap. unless the company lied to me. but i would have guessed if they were lying they would have told me opposite. now how many shares does it take and when are they convertible.these are not rumors as you see and did not cost us a nickel as stated, what will cost us: excess shares outstanding nothing i stated was rumor only facts and concern for investment the original post was not meant by any means to rebut, only to represent a view and i will probably contact them again in the near term until someone can answer questions that will make me more comfortable with this investment, some things i like that they have done, or else i wouldn't be here in the first place, but some things also have me concerned now that i'm in, mainly an increasing unknown float which was originally 5m, it appears to me if you don't stay on top of what they are doing and how they are doing it , you can get slammed, just ask any one who has been thru a reverse merger best to all holders