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

To: BlueFox who wrote (11555)	7/28/1998 5:08:00 PM
From: Terry T.	Respond to of 18444

Blue Fox, I guess I lost my response, so here it goes a second time. I am pretty much in agreement about what my assumptions have been, although I would state that I am assuming either (i) ESVS is a worthless shell or (ii) any enhanced value has come at the expense of ZULU and should not be factored into an exchange/conversion. If there truly is greater value to ESVS, then all numbers have to be adjusted. I would gladly do so. And, IF ESVS truly contributes 1/3rd or more of the total value of the combined entity, then a 10 for 1 ratio would be perfectly okay with me. Of course, that is a might big "IF" when looking at the most recent quarterly report.