To: Terry T. who wrote (13485 ) 9/4/1998 12:11:00 AM From: PartyTime Read Replies (1) | Respond to of 18444
Terry, my post #12682 isn't exactly rosey, is it? There have been others, but I'm not searching for 'em just to prove that I've had unrosey moments. Really, why do that? Whose at the helm at this point is rather moot, given what's happened. Isn't it apparent that Zulu-tek and ESVS, in effect, have already become ZuluGroup.com? Given the SEC will likely sanction what the shareholders approve--and the vote's already in the bag--all that's required is the formality of the labelling, i.e. new ticker symbol and name change. On the surface, I think 10 to one seems unfair to me. I don't like it. Never did. Probably never will. But still I cannnot at this time outright label it unfair overall. This is because of two reasons: 1) I haven't seen the Zulu financial report. I'd prefer to see such a report. But it looks like the company wants the world to know that it really is starting out once it achieves the Nasdaq listing and that this whole OTC:BB business has been the equivalent of training wheels on a bicycle. Sure a report dating back to the inception of the company would be great. But maybe starting anew might be even better! Whether the company has a strategic reason for doing it this way, or a nefarious reason for doing it this way--I simply do not know. Against all the backdrop of negativity, however, I imagine it's quite easy to take the gloom and doom outlook. I won't do that. 2) Would, say, a five to one ratio, juxtrapositioned against the actual economic numbers of the combined entities, cause a negative effect and thus dilute the float and inhibit the new entity's prospect for rapidly increasing its share price position? I mean do we make the money on the front end or the back end, I guess, is the simplified question. So, on balance with the leading edge technology and the present market positions available to become leader in that technology, I'm willing to move forward with the Nasdaq listing and hope for a better shake in the future, a shake much better than the one we've had in the past. I guess, in the end, I agree with Sam Matz.