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

To: aleta who wrote (3931)	3/16/1998 4:23:00 PM
From: tahoeman	Read Replies (1) \| Respond to of 18444

Here's a link to ESVS 8K...Noticed $4 Million investment in ZULU... freeedgar.com

To: aleta who wrote (3931)	3/16/1998 4:23:00 PM
From: aleta	Read Replies (2) \| Respond to of 18444

from ESVS 8k... In addition, in the Transactions, FCA Investment Company, an unaffiliated entity which serves as a loan custodian for a group of certain individuals and entities which made a $500,000 accounts receivable loan to the Registrant, has recommended to its loan participants that they convert the loan into equity of the Registrant on terms comparable to the investors in the private placement. One of the directors of the Registrant is an officer of, and a director of the advisor to, FCA Investment Company. The ZULU-tek Common Stock currently trades on the NASDAQ Bulletin Board under the symbol "NETZ". As of March 2, 1998, there were 47,579,910 shares of ZULU-tek Common Stock outstanding and 10,753,037 shares of ZULU-tek Common Stock reserved for issuance. The ZULU-tek Preferred exchanged in the Transactions is non-voting except in certain corporate reorganizations, mergers and similar matters and in such instances, each share entitles the holder to fifty votes per share.