To: David Sirk who wrote (12148 ) 8/16/1998 12:29:00 PM From: PartyTime Read Replies (2) | Respond to of 18444
No, David, there is no "merger deadline." The only deadline that we know about is that, according to the ESVS SEC March filing, Zulu was to have caused to be completed within 45 days an audited report for ESVS shareholders to purview prior to any merger decision. Has this been done? I don't know. Do you? Does anybody? Meanwhile, subsequently, eCommerce Corp--a non-publicly trading company--has come into the mix. Are we bogged down by their need to be audited as well? I don't know. Do you? Does anybody? In the absence of "official" information, all we have are hearsay remarks which, more than not, create premature deadlines that always come and go. However, we do have one very good hint: That by the time Roger Mincheff delivers his keynote address before the bluechip-laden Chicago conference, he will be doing so as Zulu president. So I would surmise that the insiders of this whole deal must feel that the deal will be done by the time Mincheff delivers his keynote speech. Here's a couple of good questions: Will Mincheff, in the course of his remarks, be demonstrating updated and fine-tuned (another possible explanation for Sesame delays) SesameAd technology? And could this be the sole reason why Zulu got pegged to deliver the keynote in the first place? Regarding your "fraud" theory? Forget it! I simply think that there's more going on here than we realize and that it's taking a good bit of time to coordinate all elements. Remember, Zulu tried doing it all in pieces--and it got clobbered by everyone. I think they're now laying back in the backroom decision-making environment, making sure all the cookies are in one jar, before offering anything more to the public. I mean why get clobbered again over and over again? Why not have it right next time out of the gate?