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


To: aleta who wrote (4997)3/27/1998 7:22:00 PM
From: wildbill  Read Replies (1) | Respond to of 18444
 
Mike,
Also note that an recent filing by NETZ's "partner" ESVS states that NETZ will have audited financials within 45 days of the above-mentioned filing, which was March 16th. I believe Aletha calculated a date of April 30th. I would be willing to bet on the later date, but anything is possible.
wildbill



To: aleta who wrote (4997)3/28/1998 12:56:00 AM
From: JAC  Respond to of 18444
 
Aleta

Thanks for the DD info I've been playing basketball with my 16 year old and I just got back to the thread. His team won the NACA National Christian Invitational Tournament and we had to play them for a fund raiser. The dads lost, ouch. We'll all pay tomorrow.

By the way, just a little compliment is in order. I think you have one of the more level voices that speaks here. You do your DD extremely well and your intentions seem to be informative for all. I think PartyTime is a close second. The majority of the others are cheerleaders for the home team and the visitors. Me I'm just a fan with a vested interest in the Home team looking for a lopsided victory when the buzzer sounds. Until then I'll practice my DD and sit on the side crossing my fingers and shouting for the home team on occasion. LET'S GO NETZ!!! LETS GO NETZ!!! LETS GO NUTZ (:-)

GOOD NIGHT ALL AND SWEET DREAMS OF RISING STOCKS TO ALL(:-)

JAC



To: aleta who wrote (4997)3/28/1998 1:31:00 AM
From: tahoeman  Respond to of 18444
 
Thanks Aleta for responding to Mike..

Mike, as Aleta passed along, I received a Q&A document from Tom Burgess via email to pass along to the SI thread on March 13, 1998. Question and answer #15 indicates that Tom had expected that the audited financials would be completed by the Big 6 firm by March 31, 1998.

If the Big 6 firm is done on that date, or soon thereafter, that would be a major accomplishment........

Enhanced Services Company and ZULU-Group
Announcement
Question-and-Answer

1Q: What is Steve Lair's role and involvement at Enhanced Services Company?

1A: Mr. Lair will serve in the capacity of Chief Executive Officer at both Enhanced Services Company and ZULU Group.

2Q: Who are the directors of Enhanced Services Company? Are there any changes in the ZULU board of directors?

2A: Obviously, changes are taking place at both companies. Each company will announce additional directors to its board soon.

3Q: Currently ESVS is based in Houston. What are the company's plans following the significant investment in ZULU?

3A: ESVS will relocate its headquarters to El Segundo, California.

4Q: What is the value of ZULU with ESVS making a significant investment in ZULU?

4A: ESVS has merely acquired an equity stake in ZULU and may increase its equity position at a later stage.

5Q: Is this a merger?

5A: No. It is merely an equity stake in ZULU.

6Q: What is Andy Batkin's role?

6A: Andy Batkin was chairman of S.I.M. and left S.I.M. to pursue other interests.

7Q: What is Caroline Vanderlip's role?

7A: Ms. Vanderlip left SIM in January to pursue other business opportunities.

8Q: What is Ron Meatchem's role?

8A: Mr. Meatchem's auto business is occupying much of his time. It is not perfectly clear, but he may possibly remain in the auto trak side of the business.

9Q: What is Pat Hayton's role?

9A: Mr. Hayton is an investment advisor to one of ZULU-tek's investor groups and is not an officer or director of ZULU or ESVS.

10Q: What is Mr. Duckman's role?

10A: Mr. Duckman will continue to focus on Laptop Solutions growth and new business opportunities.

11Q: How is ESVS raising $50 million?

11A: ESVS anticipates completing its private placement by May -- the conversion will occur in two years at a ratio yet to be agree upon.

12Q: How much of the private placement will go to ZULU?

12A: ESVS intends to fund all parts of the group by providing the necessary resources to grow as a total Internet solutions provider.

13Q: What is ZULU's and ESVS's focus?

13A: To be a total Internet Solutions Provider Company -- not a one-product shop like many of its competitors.

14Q. Is Price Waterhouse the (Big 6) accounting firm that is preparing ZULU-tek's audited financials for submission to the SEC?

14A. A Big Six firm is doing the audit.

15Q. When will the audited financials be completed? Can you release January/February revenue numbers?

15A. We expect the audited financials to be completed by March 31st.

16Q. Many believe that not responding the SIM Europe event was the wrong action to take. Neil Miller's comments provided later were wonderful. Are there issues with Telia at this point? Is Telia following up with a lawsuit?

16A. No.

17Q. How many employees are on the payroll for ZULU/Softbank (full and part-time)?

17A. 65.

18Q. What is the game plan for moving to the West Coast for a ZULU-tek and ZULU Media head office?

18A. Home office is El Segundo, CA.

19Q. What are the North American expansion plans, i.e., more U.S. offices, perhaps one in Canada?

19A. Yes, 2 in Canada; enlarge New York and California.

20Q. What up-coming exhibits and conferences will ZULU-tek be making a presence in?

20A. Undetermined. Some will warrent exhibits and others will only require a sales presence

21Q. We now know about Universal Commerce. What is the current story on NETZ Autotrak? What is ZULU-tek's relationship with BellCore?

21A. NETZ-Autotrak is negotiating with 3 large strategic parties (including BellCore)

22Q. What is the current story on Alta Vista? What is ZULU-tek's relationship with Compaq/DEC?

22A. DEC is an advertising client, advertising their Alta Vista product line.