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


To: PartyTime who wrote (7695)5/28/1998 12:46:00 AM
From: Jon Tara  Read Replies (2) | Respond to of 18444
 
Nope, I'm not splitting hairs at all.

One more time, here's what you said:

"In an effort to stabilize both Zulu and ESVS there's a 50 million dollar private placement, including a stock swap of the two companies. As I understand it, Zulu now owns 80% of ESVS; while ESVS now owns 20% of Zulu."

Now means now - i.e. at the time that you were writing it.

Even if you really meant "in the future", it's still not a correct statement. Zulu shareholders would own 80% of Zulu + ESVS, not 80% of ESVS.

ESVS holders would own 20% of Zulu+ESVS, not 20% of Zulu.



To: PartyTime who wrote (7695)5/28/1998 12:47:00 AM
From: mike proiette  Respond to of 18444
 
Zulusonic @ the yahoo thread said there would be two announcements this week , one on tuesday and one on thursday. The one on tuesday came true (esvs dividend) , I hope he or she is right about tomorrow. Zulusonic said the financials will be released after the close tomorrow. Do you think this person might be an insider or just blowing smoke? We will see tomorrow !