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


To: PartyTime who wrote (16547)12/1/1998 10:30:00 PM
From: Terry T.  Read Replies (2) | Respond to of 18444
 
PartyTime, I truly want to be a believer, but:
1. How sound is the NHLT deal? Dead, for all I know.
2. How sound is the e.Commerce deal? Hmmm....
3. How sound is AutoTrak? Hmm........
4. How sound is that ESVS NASDQ listing? Hmm.......
5. How sound is that financing package announced in March? Hmm.
6. How sound is that new ad technology, etc.? Hmmm... what ad sites, revenue from advertising?
7. How long can the companies survive without revenue? Is this a
race against time now? How much time?
8. What happened to ESVS' obligation to honor Zulu's debts,commitments?
9. If ESVS' breach causes Zulu to loses it goodwill, client base, and revenue base, what will be left for Zulu if this deal is unwound?

PLEASE TELL ME SOMETHING CONCRETE THAT IS POSITIVE.
THANKS.



To: PartyTime who wrote (16547)12/1/1998 11:17:00 PM
From: Jon Tara  Read Replies (1) | Respond to of 18444
 
PT, do you know, in fact, that a lot of legal work is indeed being done with regard to this deal?

Lawyers like to get paid too, you know...



To: PartyTime who wrote (16547)12/1/1998 11:57:00 PM
From: BlueFox  Read Replies (1) | Respond to of 18444
 
20 million dollar loan of which 1.5 has already been delivered with the remainder set a November 30, 1998 delivery

For someone who is such a stickler for correct wording, you're pretty loose on your own. The 10QSB states:

"On September 18, 1998, the Company entered into a letter of intent for 
a private placement of up to $20,000,00 in preferred equity, of which $1,050,000
was funded on October 13, 1998."


There is no guarantee of 20MM. The wording is "up to". Secondly, this is another letter of intent. Seems to me we've seen a few of these from ESVS.

BF



To: PartyTime who wrote (16547)12/2/1998 3:50:00 AM
From: Fredman  Respond to of 18444
 
do you REALLY think Jon and Aleta are running ZULU ? That is precisely what you are implying. you are NUTS. Like i keep saying over and over and over, you can make all the excuses you want (and that is what they are - excuses), but ZULU (and ESVS) has YET to EVER deliver ANYTHING to ANYBODY, and it's reflected in the price of the stock. And i expect you to respond with: ZULU never HAD to deliver anything, such as financials. Or; they had good reasons for missing ALL deadlines or target dates - ALL of them. To be honest with you, i really don't know why ZULU's price is as high as it is...... SERIOUSLY.
No, neither Aleta, Jon or myself have a damned thing to do with this company being in the toilet - the management (?) handled that perfectly on their own with NO help from us. I have been listening to the Cheerleading for at least 6 months, nothing good has happened, and it never will. If you think it will, i'd like some of what you are smokin'.