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


To: BlueFox who wrote (7647)5/27/1998 8:43:00 PM
From: Brady B.  Read Replies (1) | Respond to of 18444
 
Excuse me?!

I brought up the 80/20 split this morning because I knew it existed and I knew where it was listed.

I'm going to type it real slow so you can read it better.
________________________
ESVS Form 8-K/Page 16/Section 7.04 LIMITATION ON EQUITY.

If during the period from the date hereof until March 1, 1999, ZULU-tek or Enhanced undertake a merger, consolidation or similar transaction or form a new entity which is owned by their current shareholders or a successor to either of them, the capital structure will be such that if the same were undertaken on the date hereof, the shareholders of ZULU-tek would hold 80% and the holders of Enhanced would hold 20% of the resulting entity ("Deemed Ownership").
_______________________

This is not gut. It is an SEC filing.

BB