SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU) -- Ignore unavailable to you. Want to Upgrade?


To: Brady B. who wrote (16251)11/26/1998 10:04:00 AM
From: BlueFox  Respond to of 18444
 
, but doesn't some of the filings state that if the deal falls through, ESVS gets so much money or gets to keep the assets or something like that?

I don't recall that. If the deal falls through they go back to where they were. What will be at issue is what happens to ZULU. Does the current system4ads stuff belong to ZULU or ESVS? If ESVS, ZULU has nothing but debt.

Somebody owes somebody some money if any PP money was distributed.

I don't think there has been a PP yet. There was supposed to be a shareholders meeting to approve an increase in the float to prepare for the PP. Besides if they managed to raise a few million, they'd have made big news out of it.

BF