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

To: Jon Tara who wrote (17273)	12/27/1998 2:17:00 PM
From: PartyTime	Respond to of 18444

Jon, I agree, the below questions seem reasonable. I've made some recommendations, mostly in the consolidation area; and added one of my own questions. I still believe, however, that this document stands a better change of success if we include our real names and home towns and a note as to our interest in the company (i.e., shareholder, former shareholder, potential shareholder, member of the press, etc.) We're finally getting closer to a meaningful document. Questions: FAX # 760-564-5401 >>> ALETA: 1) Could you please list a few of the successful businesses that you have run? 2) How are they doing today? 3) Could you please provide some references at these businesses? 4) Can you explain why there are so many judgements against you in the California civil courts? <<< RECOMMENDATION: 1) Aleta's full name, home town and the extent to which she has been a Zulu/ESVS investor; 2) Delete questions three and four. Keep one and two, but have those questions follow as question asking what is his role in the company. >>>Terry_T: 5) Is the business combination still proceeding, or is it going to be scrapped? 5a) Is the business combination still proceeding? 6) If continuing what is the status of the shareholders meeting, and the estimated date and place, etc.? 7) What is status of financing package that was being worked on, and is that in jeopardy because of events over past 2 months, including NASDQ listing problems? 7a) What is the status of the financing package that was being worked on? How have the NASDAQ de-listing and other recent events impacted the ability to obtain financing? 8) What are conditions to funding? 9) What cash resources do the companies have to continue operations? 9a) What cash resources do the companies currently have for operations? 10) What actual operations are Zulu or ESVS engaged in at this point, and what has been monthly revenue for past 3 months? 10a) What operations are Zulu or ESVS engaged in at this point? What has been monthly revenue for the past 3 months? 11) What internet-related operations exist at this time, and if the internet advertising media business has been lost or crippled, what happened to it? 11a) What Internet-related operations are the companies engaged-in at this point? Can you give us a report on the amount of advertising media business? (Number of customers, number of ads, approximate revenue, etc.)<<< RECOMMENDATION: 1) Full name and home town and length of time as a ZULU/ESVS investor; 2) These questions can probably be reduced into three questions: a) combination/shareholders meeting; b) financing; and c)Internet. >>>HIGHPLANESDRIFTER: 12) In what jurisdiction is Rolling Rock Capital lawfully incorporated? 13) Is Rolling Rock Capital controlled, directly or indirectly, by Zulu or ESVS or by any present officer, director or controlling shareholder (ie: >10%) of Zulu or ESVS? 14) Does any present officer, director or controlling shareholder of Zulu or ESVS have any direct or indirect interest in Rolling Rock Capital?<<< RECOMMENDATION: Eliminate the redundancy between 13 and 14 >>>RDPBMW: 15) Do you have a revolving front door? 15a) Could you comment on the high executive turnover rate? 16) Why does Zulu need Enhanced Services ?<<< RECOMMENDATION: Eliminate "revolving door" language. >>>JON TARA: 17. How is the $35 million being paid to brandsforless.com? Cash? Stock? 18) Where did it come from? 19) Will the effective date of the brandsforless.com acquisition be before or after the 1:10 reverse split? 20) What IS the effective date? 21) The press release refers-to the acquisition of brandsforless.com in the past tense in the first paragraph of the PR, and as a "pending acquisition" in the last. Please clarify. 22) Will ZULU be merged into ESVS, as originally planned, or will ESVS be merged into ZULU? 23) What happens if their are changes to the capital structure of either company subsequent to the 1:10 reverse?<<< RECOMMENDATION: Consolidate into fewer questions and add the following: Will there be any future reverse splits to help accomodate the BFL acquisition? >>>ININDY: 24) Is Zulu working on the NAS listing?<<< RECOMMENDATION: Will all three entities come together as one before application is made to either Nasdaq or AMEX? PARTYTIME: Could you please provide a general comment highlighting the past year of company formation and also give us a manager's report-type outlook on what operations for 1999 will look like, and comment whether further acquisitions will be sort in order to strengthen the company?