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

To: slipnsip who wrote (3024)	3/9/1998 12:07:00 PM
From: CWIII	Respond to of 18444

EL SEGUNDO, Calif.--(BUSINESS WIRE)--March 9, 1998--ZULU-tek, Inc. (OTC:BB:NETZ) (''Zulu'') announced a strategic alliance with Enhanced Services Company, Inc. (NASDAQ Small Cap:ESVS - news). ESVS has acquired an equity stake in ZULU, and plans a $50 million private placement commencing in mid-March. This new alliance will make ZULU a financial force in competing with DoubleClick, Inc. (NASDAQ:DCLK - news).

To: slipnsip who wrote (3024)	3/9/1998 12:18:00 PM
From: BlackStar	Read Replies (1) \| Respond to of 18444

It is the other way around, NETZ is issuing the preferred to ESVS for some amount of money. PRINTING SHARES in exchange for cash. Still foggy... So NETZ sells $50 mil worth of pshares to ESVS, right? NETZ gets some kind of financial return. Why? Who benefits? Looking at the profile for ESVS I am not even sure if ESVS as a company is good for NETZ. Or is the merging/collaboration only a front for the financing deal? ESVS is not a financial institution, it's a holding company that owns some multimedia/engineering companies... Why? Who benefits? I don't understand...