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


To: Jon Tara who wrote (16955)12/14/1998 12:34:00 PM
From: PartyTime  Read Replies (1) | Respond to of 18444
 
>>>PT, there's no reason to complete the merger. Zulu doesn't get a NASDAQ listing out of the deal. What does ESVS bring to the party?<<<

Jon, have you yet considered there may be funding available from the ESVS side and that it's not only the Nasdaq listing that Zulu sought, but also a funding boost?

>>>It's also extremally unlikely that they will be able to complete the deal in the alloted time. You can wish for an extension, though, so put on your wishing cap. (But are you ever without it?)<<<

An extension agreement among two willing parties is very simple and common procedurally, especially where all of the Agreement's legal wording includes language like "may" instead of "shall" or "will." So that date's not cut in stone. It merely exists in order to provide options. This fact remains: ZULU wants ESVS and ESVS wants ZULU, and their actions do not in any way indicate anything else.

>>>We'll see how long Chmiel stays. If history is any lesson, he will only be there as long as it takes him to find a real job with a substantial company.<<<

Not so. With the merger in the bag, up to 20 million in funding in place and new ecommerce entities on board, Mr. Chmiel and the new CEO will have a lot to do.

>>>It doesn't surprise me that you have now convinced yourself that your opinions are facts.<<<

How can this be surprising when I have done no such thing? My opinions are my opinions which are not structured for facts of history. I am by no means a presiding justice. I'm just like you: I think what may or may not happen and project accordingly. Yes, my agenda is the success of the company to which I've invested. That's it!






To: Jon Tara who wrote (16955)12/14/1998 12:47:00 PM
From: Terry T.  Read Replies (1) | Respond to of 18444
 
Unfortunately, ESVS has 'bootstrapped' itself into a better bargaining position, even without the NASDQ listing, because it has long ago "taken over" ZULU and its operations. Thus, there is a question as to what post-March 9 ideas/products can be claimed solely by ZULU, even though its business and management have no doubt been the catalyst for the post-March 9 ideas/products.

This is another example of how ZULU management has done "diddly" to protect its assets and interests, in the event the NASDQ listing fell through.

The bottome line: these companies are wedded to one another, all though ESVS may be better compared to a leech (with management's and the controlling's shareholders' built-in bias for ESVS) sucking the life out of Zulu. Just my opinion, of course.