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

To: Sriram Bala who wrote (6999)	5/13/1998 7:03:00 PM
From: Terry T.	Read Replies (1) \| Respond to of 18444

It is your call. A lot of legal, accounting, consulting, and IR expense has been incurred over the past 2 months (since ESVS/NETZ acquisition agreement signed). In the last few weeks, there has been confirmation of (i) merger concept, (ii) appointment of someone highly qualified in web market (Mincheff) as ESVS' president, CEO, and (iii) identification of technical people for ESVS, also qualified in area. Now, this may be most brilliant or most foolish scheme, with all of this activity going on, expense being incurred, press releases being issued, etc., but I personally doubt this is all a shell game. I think (pure speculation on my part) there are accounting, SEC, Hayton, or other internal/structural/financial issues going on, which will hopefully work themselves out, and which are delaying the next step forward. Our problem is that we are sitting at our computers all day (or night) with not enough news to chew on, and as they say the pot never boils when you watch it. It is a lot harder dealing with the day to day problems, operations, etc., of a company, especially one which seems to have an overall gameplan which requires a lot of work to put together, document for SEC purposes, etc.