To: TokyoMex who wrote (715 ) 5/31/1998 11:17:00 AM From: Joe Copia Respond to of 8798
stocks that claim that they can solve world's problems.. as 90% of the BBs are scams,, hypes,, still it's fun to catch some of those hypes,,, The first 2 BAAT and FAMH I agree with you. ZULU is still viable. ESVS is a NASDAQ stock that has just concluded a 6 month deal with PANASONIC. Also ESVS and ZULU are talking merger and ZULU is mentioned in last PR:The combined forces of Zulu and Enhanced Services will provide a range of innovative online services, including e-commerce, Internet advertising and technological services. Zulu-Tek has become one of the few firms in the industry to offer clients in-house services that encompass both marketing acumen and technological capabilities. ESVS's 10QSB:sec.yahoo.com Pursuant to action by the Board of Directors of Enhanced Services Company, Inc. ("Registrant"), [NASDAQ SmallCap Market: ESVS] the Registrant entered into a Securities Acquisition Agreement ("Agreement"), dated as of March 3, 1998 (attached to Form 8-K and filed on March 16, 1998 as Exhibit 1 thereto), pursuant to which it implemented a series of transactions on March 6, 1998. Under the Agreement, the Registrant exchanged 220,000 of its Common Shares, $.001 par value ("Enhanced Common Stock") and 1,000,000 of its newly authorized 1998 Series Preferred Stock, $3.00 par value per share ("1998 Preferred Stock" and collectively, with the Enhanced Common Stock, the "Enhanced Stock") for 12,000,000 common shares $.001 par value ("ZULU-tek Common Stock"), of ZULU-tek, Inc., a Utah corporation ("ZULU-tek") and 1,000,000 shares of Series D Preferred Stock $.001 par value ("ZULU-tek Preferred" and collectively, with the ZULU-tek Common Stock, the "ZULU-tek Stock") held by Netvest Capital Partners LP, a Delaware limited partnership ("Netvest"). All of the securities issued and exchanged in the transactions are restricted securities. Prior to the transactions, there were 1,131,474 shares of Enhanced Common Stock outstanding and 283,973 shares reserved for issuance for a total of 1,415,447 shares on a fully diluted basis (with a result that the 220,000 shares of Common Stock issued in the transactions constituted an issuance of approximately 19.4% of Enhanced Common Stock or 15.5% on a fully diluted basis). The Enhanced 1998 Preferred Stock is convertible on the basis of 2.772 shares of Enhanced Common Stock for each share of 1998 Preferred Stock, solely at the option of the Registrant and only after receipt of shareholder approval at a meeting duly called for such purposes. It is expected that the Registrant's meeting of its shareholders will be convened promptly after appropriate proxy materials are prepared for circulation. Joe PTG&LI !!!