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


To: emergencyops who wrote (2991)3/9/1998 11:30:00 AM
From: Jeffrey_J  Read Replies (2) | Respond to of 18444
 
FROM ESVS - March 9, 1998-- A $50 million private placement

will begin in mid-March to provide the financial strength to position the group as the premier Internet Solution Provider.

Sounds pretty clear.



To: emergencyops who wrote (2991)3/9/1998 11:52:00 AM
From: Michael L. Bland  Read Replies (2) | Respond to of 18444
 
Gary,

I agree with your take on the news article. The article states that ESVS plans to make a 50MM private placement commencing in mid-March. It also states that a significant investment was made in Zulu-tek. There is no mention as to how much this investment was. It doesn't appear that the total 50MM is going to Zulu. However,I don't see how this news release can be seen in any other light than very positive.

The credentials of ESVS'new CEO,Steve Lair,speak extremely well of him. I think when Mr. Lair states that a significant investment has been made in Zulu-Tek,we can rest assured that this means quite a lot of money is being referred to.

We have today seen validity given to NETZ the company,it's products and services.(IMO)

Best regards,

Mike