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


To: Brady B. who wrote (17414)12/29/1998 9:08:00 PM
From: Brady B.  Read Replies (4) | Respond to of 18444
 
Okay, I just reread the last PR concerning the reverse split and merger.

excerpt:
As a result of the reverse stock split, when the previously announced Enhanced Services (OTC: ESVS - news) and Zulu-tek
transaction is completed, each share of Enhanced Services stock will be exchanged for one share of Zulu-tek stock and, in the
interim, the shares could trade in parity, at the same ratio.



each share of Enhanced Services stock will be exchanged for one share of Zulu-tek stock

Let's say these two stocks are pairs of pants. I received (owned) the size ESVS for Christmas and returned them to the store EXCHANGING them for the size ZULU that I liked.

You with me so far?

Since I made the exchange just like the PR said, the ESVS exchanged for the ZULU, I would in the end have ZULU correct? They are exchanging ESVS for ZULU. ZULU will be what everyone will have in the end according to the PR that the Company put out.

The PR also said that after the reverse split the stocks could trade in parity (i.e. same price). This to me means that both stocks will continue to trade until the ESVS shareholders meeting. Right? The stocks will still be trading next week unless they have the shareholders meeting on Monday.

For the record as proof of my thoughts based on information provided by the company, I am posting the following:

I will possibly tomorrow, buy a bunch of ZULU stock knowing per the company PR that the stock (ZULU) will be reverse split at a ratio of 10:1. Also knowing per the PR that when the two companies finally merge after the ESVS shareholders meeting, I will still own ZULU stock because the ESVS stock is being exchanged for the ZULU (everyone that owns ESVS stock will be exchanging it for ZULU stock). There will be no more ESVS stock after the merger per the PR. In the time between the Reverse Split and the merger the stocks will continue to trade as they have to this point in time.

If something else happens, such as ZULU being exchanged for ESVS and ESVS ending up being the resultant stock, or the stocks cease to trade next week, I will feel like I have been lead astray.

Does anyone else agree with me?

The above post is for verification of my thoughts and intentions in the event verification is necessary.

I would advise anyone else who assumes this to do the same.

bb



To: Brady B. who wrote (17414)12/30/1998 12:46:00 AM
From: Jon Tara  Read Replies (2) | Respond to of 18444
 
I agree with Aleta. I would caution people against e-mailing the information requested to a hotmail address. We have no way of knowing that that is Pat Hayton's e-mail address.

As an alternative, people may wish to FAX to the same number, which I think we have reasonable reason to believe is Pat Hayton's FAX number. (Aleta's previous communication with him, including the capture of his voice number on caller ID, and the fact that I trust Aleta.) Or, get him to provide an e-mail address at ESVS or ZULU.

No, I did not receive any communication from Mr. Hayton. I did not leave him an e-mail address, but he has my FAX number.

If it IS Pat Hayton, it would seem to be a stalling tactic. Does he really expect people to send him their trade confirmations? Do blot-out your account numbers, people...

I have no intention of fowarding the information - it is irrelevant. I forwarded all of the questions that were asked on the threads, after spending the time to re-word them "in a gentlemanly manner" (they were NOT originally, and it isn't MY questions that weren't...).

The answers to these questions are OWED to the shareholders of these companies in any case, and it really should be done through official shareholder communication, rather than a personal answer.

I've made Pat aware of what questions were being asked on the threads. It's up to him to use that information as he pleases.

BTW, as for the request for "price paid". I think the reason for that request is the same reason why he meets personally with the more gullible shareholders. I think he gets some perverse pleasure in seeing just how far they will bend over, and how much they will beg for it...

So much for gentlemanly requests. :)

Oh, one more thing - I've got one more question. It's a private one just for Pat. (I know you're reading...) Pat, can you recommend a good limo service in L.A.? Thanks.