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


To: Terry T. who wrote (17590)12/31/1998 5:07:00 PM
From: Jon Tara  Read Replies (1) | Respond to of 18444
 
This is speculation. I am speculating that the "offshore" financing will turn out to be no-floor convertables with a conversion price at a discount to the market.

This is typically the only way that companies like this can raise financing.

We will eventually know, and you can feel free to point out that my speculation was off the mark, should I be wrong.



To: Terry T. who wrote (17590)1/1/1999 9:33:00 AM
From: Brady B.  Respond to of 18444
 
What does this mean?

From the 8-K: Message 7049212

Netvest Capital Partners LP, a stockholder of the Company, acquired 66,667 newly issued interests in BFL for the $200,000 advanced for BFL's operations prior to closing. The modifications provided the Company with certain interim extensions and increased the amount to be paid to the members.
_______________
newly issued interests in BFL
I thought there was just going to be shares in one company (ZULUGROUP.COM).

increased the amount to be paid to the members
huhnmmm?

bb