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


To: BlueFox who wrote (15183)11/3/1998 2:14:00 PM
From: Sam Matz  Read Replies (1) | Respond to of 18444
 
If this happens, they should then expect that several law suits will be filed against them. What is different about this scenario from other penny stock failures is that there would actually be a surviving entity that could be gone after. Believe me, if the merger gets voted down, ESVS will be barraged with legal action.

For the record, I am not threatening legal action or anything else, I am only guessing what will happen if the minority ZULU shareholders get screwed. I am also not predicting that this worst case scenario will happen. I am only saying ESVS will be far worse off if they try to screw the "little people" over. They will not be able to run and they will not be able to hide like other management of failed penny stocks.



To: BlueFox who wrote (15183)11/3/1998 10:37:00 PM
From: Jon Tara  Read Replies (1) | Respond to of 18444
 
BlueFox, ZULU and ESVS are NOT drifing apart.

They've actually stayed in sync at 20:1 for some time now.

I think that something has happened with the deal (or was always there) that we haven't figured out yet.



To: BlueFox who wrote (15183)11/4/1998 10:49:00 AM
From: bambaata  Respond to of 18444
 
Re the ratio of ZULU to ESVS.......

This ratio has been set at 10:1,,done deal. The Stockholders meeting
is merely a formality,the votes already exceed the required majority.
This is merely a formality to comply with NASDAQ and SEC rules.
10:1 is it..