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


To: tonto who wrote (12040)8/11/1998 12:40:00 PM
From: PartyTime  Read Replies (1) | Respond to of 18444
 
Hi Tonto,

It's been a bit since you've appeared. Good to see you.

What's the definition of an insider? There's the obvious one, an insider of the company, a board member, officer or original venture capitalist, etc.

And I guess one could also ask what's the difference between an unaudited OTC:BB penny stock insider and a fully reporting Nasdaq insider. Is there any difference? I don't know. I'm still relatively new at all of this.

But on the other hand, can't there be other kinds of insiders--i.e., ones who don't have to report anything? A friend, or business associate or entity about to come into a deal, a Canadian or another Australian where laws are different, for example?

One question I asked before: Is this being done in order to placate eCommerce Corp's impending involvement? If Commerce is coming under the wing by being paid in stock, is it not good for both parties to transfer cheap stock to Commerce, especially if both parties know such stock will grow into expensive stock due to the leading-edge technology and capacity for overall market position?

Remember, ZuluMedia is now on the radar screens for ad tracking firms. Frankly, I, personally, have no trouble at all owning this company and its ultimate business strategy at a buck or under. So long as my investment is long and futuristic and I have the capacity to wait out the growing pains, I think I'm going to be OK.