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

To: I Am John Galt who wrote (3371)	3/11/1998 12:25:00 AM
From: tahoeman	Respond to of 18444

Matty, the question is who/what entity is buying the Convertible Preferreds, not where does ESVS have $50 Million. It seems even odd to me, that a small company can bring in such a large catch..... .....The PR describes Convertible Preferreds valued at $50 Million being made available for purchase mid-March....my sense is that this is too big deal, and that the only way that this could happen and ESVS feel confident to put out a PR on this, is if buyer(s) were already lined up to buy the Convertible Preferreds. The company line is that they will inform us with a PR once the details are hammered out (at least if they raised the money and how it will be distributed among the companies/divisions.