SI
SI
discoversearch

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


To: TokyoMex who wrote (1726)2/26/1998 12:04:00 AM
From: Deeber  Read Replies (1) | Respond to of 18444
 
Mpulley?? I guess you mean me. Anyway, how is your MEGW doing? Little reverse split coming, eh? Not a good thing. By the way, who is Kenny and why should I care about him? FNTN was great...how does it feel to have a ton of people lose $$$ because of you?? INFE too. I did get in early too...thanks for asking.

Ryan

Now back to our regularly scheduled forum.



To: TokyoMex who wrote (1726)2/26/1998 12:30:00 AM
From: I Am John Galt  Respond to of 18444
 
Hi TokyoMex. It's refreshing to have you back.

I missed you. Me and boogieman were discussing going down to your restaurant and having a dinner. We'll use our NETZ profits to pay.

Softbank Interactive Marketing is just one of many companies. Again, Softbank holdings didn't need this company. They're trying to create an image for themselves that don't include web advertising. I think that NETZ got Softbank Interactive Marketing for a bargain price, TokyoMex. You're probably right about the 4-5 million dollars. Softbank Interactive Marketing was just not part of Softbank Holding's image anymore. So they retained 35% of the company and let someone else run the damn thing. I think one of the reasons NETZ got it so cheap is because of the 35% retainer.

Softbank didn't sell themselves out to Echomedia. They sold themselves out to netmastergroup.com. Softbank probably made 50 million in revenues, and NETZ made -11 for acquisitions. IMO, You're wrong about the revenues not going back into the company. Softbank's revenues were probably reinvested in the company to make it grow. But think about how much of a mess these financials must be; all of these companies are private and they have to go through past histories of each one. I'm assuming Universal Commerce is the worst of the bunch. I dunno how well they kept their financials in line. They bought softbank interactive marketing; they're going elsewhere. They may not be done acquiring. Give them time.

The more I think about it, the more it makes sense that the financials aren't released yet. Basically, this is how I see it. They don't have to release financials until they're at a comfortable position to start reporting. When they're sure they have that comfort level locked up, they can start reporting and the real investors jump in. How successful would financials have been without Softbank Interactive Marketing? I remember we were complaining about no release of financials, when in fact they may've been really bad because of acquisition fee loss. Revenues would've been in the negatives. Remember, NETZ itself doesn't make any serious money; it's subsidiaries do.

You're right about the shareholders not having a right to voice their opinion in this stock to the company. But let me put it this way, Joe. Let's say you see a shell that you rename TMEX and do a 500:1 reverse split. And let's say you have all this money from an investor/shares sold that you use to buy up all these companies. You promise that you won't dilute the stock(which the company has promised us that), but you use up a great deal of money to buy companies that have a great potential. Web Companies like echomedia don't have serious assets. They have products that have potential for growth. Combined with a network, such as simweb, they could be huge conglomerates of growth. These companies could appear small on financials, but they weren't bought for the worth of the company; they were bought for the potential of growth.

So although Softbank Interactive Marketing made 50,000,000 last year, their company might be very small and not much in terms of size! You see why they're doing what they're doing? DoubleClick has been around longer than NETZ has, so they may appear a great deal bigger because of the revenues that have already been influxed with! The only thing determining the size of these companies is revenues, and I know NETZ is waiting for Softbank Interactive Marketing to start making money for them so they can report that!

That's where you have to look at it from TMex. You see kinda what I'm saying? From a business standpoint, it's not in their best interest to release the financials!

At least, not until now!

Again, I could've just shown a complete lack of understanding for the way financials work. Please correct me if I'm wrong :o)

Matty Gregg



To: TokyoMex who wrote (1726)2/26/1998 12:48:00 AM
From: JOHN WHITE  Read Replies (1) | Respond to of 18444
 
So lets see. Softbank Interactive did 37 million last year and they've basically doubled their customer base in first 120 days of operation.TM that sounds good to me - even 65% of the take of a company like this sounds great!I guess most investors are looking at the possibilities of this company and not its past.Even the authorized number of shares and float size seem small when compared to the possibilities ZULU-tek has in the not too distant future.

TM you've got abilities ( DD )that most persons on this board can only dream of but in the case of ZULU-tek people are not buying the negative slant you put on this issue. Their buying what this company can and probably will be.



To: TokyoMex who wrote (1726)2/26/1998 8:56:00 AM
From: OSHANL  Read Replies (1) | Respond to of 18444
 
Tokyo Mex,

You are a sore loser. You called this company a scam. Now can't you admit you are wrong?

Please stop lying! KennyCan22 was on AOL last nite. His roommate said Kenny sold Netz to day trade and it hit his face that NETZ moved up fast. I talked to him on stock chat and he said that he bought back at .40 He also has post letting know what he did on AOL. Post after you know the facts. Talk to an individual. You are an embarrassment. Had respected you before and NONE now. You are full of it man!



To: TokyoMex who wrote (1726)2/26/1998 5:26:00 PM
From: I Am John Galt  Read Replies (2) | Respond to of 18444
 
I wanted to make sure you get this, as it is a vindication of sorts for NETZ. We have listened to your argument of how many shares are being printed. We have dealt with the scam aspect of NETZ from you for a long time. Now listen to this:

siliconinvestor.com

...and listen good!

Matty Gregg
Vindicated!