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

To: Terry T. who wrote (14540)	10/3/1998 10:56:00 AM
From: Brady B.	Respond to of 18444

Terry wrote..... 1. Is Wired story correct, referring to lawsuit by ex-SIM Colvin, that Hayton diverted sums of Zulumedia money into his other business interests? Per Wired, Colvin's lawsit makes this allegation, but I have not been able to catch up with him, and his attorney in NYC won't give me his phone number or discuss facts with me. I would like to find out what they know, because if true, why has someone not followed up, or even the SEC followed up? The lack of follow through on something so outrageous makes one wonder whether report is inaccurate. With the findings that most of Wired's allegations have been within the ballpark if not totally accurate I tend to now give them (Wired) the benefit of doubt. They would run a real risk of libel if they had nothing to base this report on. Now as far as Wired's source which would be public record somewhere and would be based on accusations made by Mr. Colvin, I wonder if maybe Mr. Colvin knows his allegations are true but when it comes to having to acquire proof he and his lawyers are up against a brick wall. With past allegations made concerning Hayton, we know he is shrewd and sly to say the least. He has years of experience doing what he does. I'm sure he uses more than a leaf rake to cover any tracks he may leave or have left. bb