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

To: Brady B. who wrote (3991)	3/16/1998 10:19:00 PM
From: aleta	Read Replies (2) \| Respond to of 18444

I believe the 50M placement is a separate issue from the value of the share swap. That may be the "substantial additional funding" that Enhanced & Zulu-tek are going to attempt to gain through private placements. from 8k 7.03 EQUITY FUNDING. Promptly after the date hereof, the parties will coordinate in seeking funding through debt or preferred equity, as available, for the business plan developed by ENHANCED and ZULU-tek through a private placement to institutional or sophisticated investors and strategic partners with the objectives of seeking $5,000,000 in immediate funding and substantial additional funding to support growth and to implement the joint business plan of the parties. If such funding is successful, certain advances by LaBarge, Duckman and NETVEST will be reimbursed as agreed in separate letters.