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


To: PartyTime who wrote (8700)6/11/1998 12:05:00 PM
From: Jon Tara  Read Replies (1) | Respond to of 18444
 
"Jon your points of contention are beginning to remind me of the sign I saw in a bar that said "Free Beer Tomorrow. You see, the thing is they never took the sign down."

That seems to describe "to a T" the arguments of the longs on this thread.

"Free beer tomorrow"

Did the bar ever give-away the free beer? ;)



To: PartyTime who wrote (8700)6/11/1998 12:20:00 PM
From: aleta  Read Replies (1) | Respond to of 18444
 
Had the company not previously indicated "planned merger" there
might be some validity to your concerns.


I know you're not going to like this, but plans can go astray. A business combination can mean anything. It could mean we're going to pay you for your client list and then be on our way thank you. Then again it could mean a total merger. Either way it goes, it's beginning to look like ESVS is definitely on the winning side in this combination/merger.



To: PartyTime who wrote (8700)6/11/1998 3:26:00 PM
From: BlueFox  Respond to of 18444
 
Isn't it true that once they did a stock swap it became easier for them to integrate their activities within a business combination.

Remember that it wasn't a direct swap - Netvest gave ESVS some ZULU shares in exchange for some ESVS shares. ZULU itself was not directly involved. Netvest has since sold its interest, and we don't know what the new investors will do. ESVS remains with its "strategic investment" in ZULU.

Come on guys, isn't tomorrow going to be called another day?

The question for ZULU shareholders is when does tomorrow arrive? The payoff doesn't come until it does!

BF



To: PartyTime who wrote (8700)6/11/1998 4:30:00 PM
From: Brady B.  Read Replies (2) | Respond to of 18444
 
Isn't it true that once they did a stock swap it became easier for them to integrate their activities within a business combination.

Yes Party, you are correct in your assumption. If you read Item 5 of the 8-K you will find that Netvest was only holding the Zulu stock. Whether this was collateral or whatever ever, it says no where that the stock was signed over to Netvest. It was exchanged.

Now, whenever Zulu satisfies its obligations with netvest the stock will go back to zulu. Otherwise why would zulu even be mentioned any further in the 8-k and be in for the split.

bb