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

To: Jon Tara who wrote (7700)	5/28/1998 1:10:00 AM
From: PartyTime	Read Replies (3) \| Respond to of 18444

Please do note the qualifications such as my message to fellow SI Zulu thread participants "Please do review my question (see below) in order to ascertain that I've posed it correctly." Also note the words preceding the 80/20) "As I understand it..." Here is what I wrote in its entirely. The ultimate intent was to show that in the end the conversion formular Steinmann should use in determining a possible conversion rate was 80/20. Jon, you are splitting hairs. \| Next \| Respond \| Remove Navigation To: +PartyTime (7411 ) From: +PartyTime Sunday, May 24 1998 11:30AM ET Reply # of 7704 I asked the following question to Donald Steinmann, the Ask the Expert on the Bobz Forum: bobz.com In the past, I've found his answers most helpful. Please review my question (see below) in order to ascertain that I've posed it correctly. You might also begin checking into the Bobz forum for his answer. Here 'tis! QUESTION: ZULU (Formerly NETZ) and ESVS Merger PartyTime MWeddle752@aol.com ------------------------------------------------------------------------ Hi Donald, You answered some questions a few months ago and I found your response most helpful.ÿ Here's another one for you. Zulu-tek is an OTC BB stock (47,000,000 @ .50 = $23,500,000--market cap) and ESVS is a Nasdaq stock (1,131,474 @ $6.00 = $6,788,844--market cap).ÿ These companies intend to merge into one in order to compete in the electronic commererce/online advertising industry.ÿ Zulu wants to go after the recently IPO'd Doubleclick, the sector leader. 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.ÿ As I understand it, Zulu now owns 80% of ESVS; while ESVS now owns 20% of Zulu.ÿ Once Zulu's audited report is given to ESVS and shareholders from both companies provide approval, the merger will take place thereby affirming the Nasdaq listing.ÿ I own over 10K shares.ÿ What will happen for both Zulu and ESVS shareholders? Thank you.