To: PartyTime who wrote (8883 ) 6/14/1998 9:55:00 PM From: PartyTime Read Replies (1) | Respond to of 18444
Forgive me for printing optimism. But I just love a world full of optimists--makes for a brighter tomorrow! This is from Ajammer over on ESVS/Yahoo. By the way, does anyone know if Softbank Holding Company (Japan) still owns 35% of Softbank Interactive Marketing (now called ZuluMedia)? Remember a lot of folks questioning why Zulu hasn't issued press releases themselves? Well, Ajammer's thoughts completely echo my own as to why the news releases have been ESVS-sourced: read Nasdaq listing--therefore greater prominence and wider distribution. Here's his post [note that he likes long paragraphs--I think he's so excited about Zulu when he's writing, that he can't take the time to form paragraphs--LOL]: >>>I don't see us getting shafted in this merger. ESVS is the listed company so it makes sense to release all the PR from this source because of the credibility of the NASDAQ listing possessed by ESVS. It gives the PR release greater coverage also because a lot of news services world wide do not bother with releases from BB companies. I tried to start our own Zulu thread here and was turned down because it was a BB co. A great deal of investors who don't do the amount of DD we do, read the release, see ESVS and buy simply on that basis. So ESVS stock gets a little bit of a bump from each release but we do not. All of you out there think about this for a second -- how many of you would have heard about ZULU if you weren't searching the web looking for new invesment opportunities, not many I would guess. That's also something to think about when you consider where the development of web advertising is with regard to it's maturity. Most web advertisers have just invented the wheel so to speak. Zulu is conceding that, but sees more potential in fitting four of those wheels on an internal combustion engine. ESVS has the net worth of their stock but nothing else, look at their balance sheet. Where is their tangible worth. Zulu brings SIM (which is a good co.) my estimate is 50 mil yr. revenue( based on the number of impressions/mo. called out on their web site), echomedia and a strategic e-commerce alliance with Mr. Rose to the table. ESVS has nothing but the market cap produced by their stock price. I can look at their rapidly declining revenues and KNOW ESVS would not even be listed right now if it weren't for Zulu. I think all Zulu stock holders should know that all these conversion formulas going around are pure BS until you see audited financials. IMO it is ESVS who will have to prove what worth THEY have outside of the NASDAQ listing. Again, if it wasn't for ZULU they wouldn't be where they are today. Mincheff has taken these companies and is in the process of forming a powerhouse. All the powerhouses came on board AFTER Zulu got involved. Zulu has majority ownership in SIM and even a greater majority ownership (80%) in ESVS. The way I look at it we already own ESVS. It is only a matter of satisfying SEC regs right now. The SEC has been known to move at the speed of a glacier however. I see an already done deal. As far as conversion the SEC said going forward they are going to look very hard at any merger deal that is less than 1 to 1 due to some companies using that route to shaft investors. That won't happen here, so rest easy. This is a class act. Remember Softbank Holdings still has a large stake in SIM and therefore, also in Zulu. I don't think they want to get shafted either. They stand to make more than any of us in this deal, so I think we will come out of the merger very nicely. We shall see. We will win. All Zulu Warriors will stand tall and drive a porsche and a brand new van. Ajammer <<< ÿ