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


To: CWIII who wrote (8903)6/15/1998 10:49:00 AM
From: Brady B.  Respond to of 18444
 
ask .36 vols getting larger last 10,000



To: CWIII who wrote (8903)6/15/1998 10:56:00 AM
From: aleta  Read Replies (1) | Respond to of 18444
 
Thanks CWIII,

This is good info to help us understand what may be happening here. If the time lines they mention (1-3 months) for an exchange or a reverse merger are accurate it seems the deal should be done soon. That is assuming of course that March 10, the filing of the 8K, was the beginning of the process.

Also it gives us an idea of just exactly what will have a bearing on how the stock price will be calculated.

Establishing The Initial Stock Price - The market makers, in conjunction with the company, determines the initial price for the stock. Perceived value, the sex appeal, track record and potential growth of the company have more to do with pricing than earnings multiples and current book values. Competent investor relations and supportive market makers as well as management's ability to relate the company's potential to investors are of key importance.

Aleta