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

To: Brady B. who wrote (8005)	5/31/1998 11:23:00 PM
From: Jeffrey_J	Respond to of 18444

Some one from the YAHOO board asked this question.... Q: Which company is buying who? And what if I have 500 shares of ZULU? Will I get 50 shares of ESVS? Thanks in advance. **To best answer your question of who is buying who ... ESVS should purchase the remaining 80% of ZULU common shares with the PP funds, to have 100%, with one stock remaining "ZULU" There will be a conversion ratio however your 10 [ZULU] for 1 [ESVS] may be a bit off. Consider your example of 1 for 10 at current mkt prices with 500 [ZULU] @$0.46 to 50 [ESVS] @$5 5/8 respectively. Thats a small gain of 281.25/$230 = %22.2 JUST for STARTERS !! However remember NETVEST/Hayton controlled 12,000,000 NETZ now ZULU shares. Q: Would Hayton want to drastically dilute his own position, and didn't he pay $12,000,000 for SIM???? So therefore a more favorable conversion should be considered i.e. a 1 for 2, or 1 for 3 or even a 1 for 5 leaving approx. 10,000,000 common ZULU outstanding. NOW your ZULU investment of 500 now gets 100 ESVS and looks like this from an 1 for 5 example: $562/$230 = %144 return NOT TOO SHABY Someone else wish to post another SCENERIO ???????**