Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Joe Copia who wrote (2693)	3/3/1998 8:37:00 PM
From: FTJoe	Read Replies (1) \| Respond to of 18444

That's why I'm confused about the use of the word cusip with a name change. When the cusip number is changed, you are correct, all shares must be accounted for(I believe shares in name form must be exchanged and those in street form need to be accounted for and then changed over to the new cusip). Only the cusip identifies the stock, the name can change a hundred times. Anyone please correct me if I'm wrong.

To: Joe Copia who wrote (2693)	3/3/1998 9:56:00 PM
From: slipnsip	Respond to of 18444

<is the name change from NetMaster to ZULU-tek. ( to clarify I do not know if this is what is meant by "merger") when this occurs, to my knowledge, the SEC "audits" the shares outstanding... all of them> This is a guess, but I have a hard time thinking that the SEC has the time to audit outstanding shares of every company doing a reorg. More than likely, since most firms have independant auditors, they let the market take care of that. The BB stocks, who knows. But considering how many there are, there is no way the SEC counts em.