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

To: Brady B. who wrote (6817)	5/9/1998 10:21:00 AM
From: PRATT9999	Respond to of 18444

Posts like that are honest and make sense. However both sides will take it and twist it their own way. When I spoke with Mary, she seemed very honest and she told me that SHE WAS TOLD by the CO. that F/S would be out May 8th. I beleive IR is doing their job, but is the Co. behing the eight ball?? YOU BET. But weighing the risk and reward, I am still holding. Like I've stated before, I'm holding free shares. I originally bought @ .17 and sold half at $1, that is why I am holding for BIG $$$$ or BUST. If I was still holding all my original investment I would be more anxious for Financials. Here's my three year old's comments, which may be as useful as some other posts: dhjk;'' aszxvbbnnnmm,,,mmbvcv ccxxdcsswqqerrtttyuyuiiooop[ oiuhfd6,mnbvcxmbbvf,

To: Brady B. who wrote (6817)	5/9/1998 11:01:00 AM
From: Brady B.	Read Replies (1) \| Respond to of 18444

Here's another companies reitteration of the difficulty in getting financials out. This was submitted to me for posting here. From: WadeC@emotors.com (Wade, Clifton) To: rover44778@aol.com (Brady) Brady, I don't mean to bother you again, but I thought this press release was interesting in that it may explains why NETZ audited fin. are taking so long to be released. Please post this info. or parts of this info. on the NETZ thread. Hope this give some insight to the process of becoming a reporting company. *****This info. is to be used as ref. material only not intended to promote this stock.**************************************************************** * Long on NETZ -- CWIII Thursday May 7, 2:17 pm Eastern Time Company Press Release Firamada, Inc. to Release Audited 1997 Balance Sheet and Six-Year Proforma NEW YORK--(BUSINESS WIRE)--May 7, 1998--Firamada, Inc. announced today they will independently release the Company's audited balance sheet for 1997 tomorrow, May 8th. The Company also stated they will release proforma projections for the remainder of 1998 and for the years 1999-2003. Firamada, Inc. is currently taking steps necessary to become a fully-reporting company. Pursuant to SEC regulations, Firamada has instructed their auditing firm to submit 1997 financials to the SEC for processing and filing on EDGAR. Due to unforeseen delays, and as a result of intense shareholder interest, the Company will release the audited balance sheet for 1997 tomorrow, May 8th. Mr. Ira Monas, President of Firamada, spoke on this and other Company business, ''We apologize for the length of time it is taking to comply with our earlier stated release date for our financials. This report to the SEC is extensive, it must meet very specific requirements for submission, and it must be reviewed by the Division of Corporation Finance at the SEC in order for us to become registered with the Commission. ''As we are desiring to become a listed stock, we are filing for a full registration with the SEC which takes significantly longer than the abbreviated registration filed by most Bulletin Board companies. My anticipation was that it would be completed and visible on EDGAR by this time, but this is our initial reporting to the SEC and I greatly underestimated the length of time required to complete the process. ''I feel the shareholders have a right to know the numbers. Therefore, tomorrow we will release both the audited 1997 balance sheet and a proforma for the foreseeable future. I appreciate the shareholders' patience thus far. With our immense growth comes inevitable adjustments and challenges which we are diligently working on. We are aware of the shareholders' concerns and trust the upcoming reports will assuage those concerns.'' __________________________________

To: Brady B. who wrote (6817)	5/9/1998 11:46:00 AM
From: Terry T.	Respond to of 18444

Precisely. I could not have stated it better. I am a little "p----d off" (I am not sure if at NETZ, IR, or this thread for creating a drop dead deadline first of 4/30 and then 5/8) and a little "squirmy", but this is a penny stock for crying out loud.