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


To: Brady B. who wrote (8778)6/12/1998 4:05:00 PM
From: I Am John Galt  Read Replies (2) | Respond to of 18444
 
As far as shareholder approval, I guarantee the executive suite has enough votes to approve any item
on the agenday. Some of the shares, do, or can count for as many as 50 votes.


Doesn't matter. NASDAQ requires an open shareholder meeting/vote.

MG Out.



To: Brady B. who wrote (8778)6/12/1998 4:39:00 PM
From: BlueFox  Read Replies (2) | Respond to of 18444
 
As far as shareholder approval, I guarantee the executive suite has enough votes to approve any item on the agenday. Some of the shares, do, or can count for as many as 50 votes.

You're probably right. In fact, the preferred shares CIE holds, when converted at a rate of 2.772, are more than enough to pass a vote. The 50 votes/share is for the preferred ZULU shares that ESVS received in the deal, so if ZULU has to vote on a merger, combination, or whatever, ESVS will be able to get a vote passed without effort.

BF



To: Brady B. who wrote (8778)6/12/1998 8:48:00 PM
From: Joe Copia  Respond to of 18444
 
what financials?

Joe PTG&LI !!!