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


To: Mr. Jens Tingleff who wrote (8874)6/14/1998 8:06:00 PM
From: Mark M  Read Replies (1) | Respond to of 18444
 
IR did suggest reverse merger to me.



To: Mr. Jens Tingleff who wrote (8874)6/14/1998 8:14:00 PM
From: aleta  Read Replies (3) | Respond to of 18444
 
An interview with Mr. Meatchem taken from an Australian newspaper used the words "reverse public offering" in reference to what ZULU is doing to gain NASDAQ status. I asked earlier what that was and MarkM posted that he thought it meant a "reverse merger". It doesn't appear to be the same as a reverse split. These links are to the news article and the thread with the explanation of reverse mergers.

smh.com.au

www2.techstocks.com



To: Mr. Jens Tingleff who wrote (8874)6/14/1998 8:32:00 PM
From: PartyTime  Respond to of 18444
 
It is a merger among two separate companies who now own 20% of each others stocks. Once the resulting entity is complete, then the interests of Zulu will own 80% and the interests of ESVS will own 20%. If anything, shouldn't this tell us that Zulu will be the dominant company in the merging process? It's true. ESVS is a shell for ZULU; just as Star Medical was a shell for ZULU. It's called leapfrogging onto Nasdaq. It's really a shame that we didn't have the opportunity to do this free of the piggybacked slander and innuendo.