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


To: JAC who wrote (6307)5/1/1998 12:38:00 AM
From: Terry T.  Read Replies (1) | Respond to of 18444
 
I agree deadline is artificial, and overrated, even though I
believe company could do better job of communicating.
I am NOT selling, because potential is still there.

I most like fact ESVS has gone up about 3 1/2 times since deal with
NETZ became known in early March. I wish I had been buying ESVS stock
instead of NETZ, frankly, but still believe there is money to
be made for both stockholders.



To: JAC who wrote (6307)5/1/1998 12:44:00 AM
From: CUNNINGHAM  Read Replies (4) | Respond to of 18444
 
I spoke with Heather Misley who works at McDermot Oneal this morning at 9:00. McDermot Oneal handles the investor relations at Netz. She said the financials will be out in early May. She knew no reason why people were thinking they had to be out at the end of April. She was aware that people thought that and said they could not rush out financials by end of this month because of all that has taken place with the company recently. She gave me a personal guarentee that THEY WILL BE OUT IN EARLY MAY.
If anyone out there is skeptical in what I am saying the phone number is 617-227-2600. I hope some of you at least take the initiative to call. I don't want to hear one single person call me a liar if they don't at least call for themselves. If by some reason you can't get a hold of Heather Misley, you can also ask for Mary Conway.
Personally I hope the stock hits .20 real soon because I'm going to increase my position significantly. When the financials come out, I'll be a even richer man!!!!!!!!



To: JAC who wrote (6307)5/1/1998 2:03:00 AM
From: aleta  Read Replies (2) | Respond to of 18444
 
JAC,

The only thing that I think people have been going by was the statement in the ESVS 8k of March 16, 1998. April 30, 1998 would have been 45 days after that date which was stated in the 8k as the deadline for ESVS receiving the audited financials from Zulu, in order for ESVS to have them to show to their shareholders.

I guess it was taken for granted that a legal document like an 8k was binding and if the audited financials were ready on time that Zulu would let their shareholders know.



ARTICLE VII

COVENANTS AND CONDITIONS

7.01 FINANCIAL STATEMENTS. Within 45 days after the date hereof, ZULU-tek shall cause to be completed an audit of its financial statements (consolidated with its subsidiaries) and shall pursue such audit for the year ended December 31, 1997 in a manner that will allow the audited financial statements to be available for the annual ENHANCED's stockholders meeting.

ENHANCED and ZULU-tek will deliver to the other unaudited consolidated balance sheets and summaries of earnings for each calendar month after the date hereof and continuing until the earlier of December 31, 2000 or the date on which one or the other shall waive the requirement. All such financial statements shall accurately present their financial position and results of operations and their consolidated subsidiaries for the periods covered hereby.



To: JAC who wrote (6307)5/1/1998 8:38:00 AM
From: IronMill  Respond to of 18444
 
Sorry to offend anyone, maybe everything will work out. I hope so, best of luck to all. I do not own NETZ stock anymore.
Tim