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


To: Brady B. who wrote (17855)1/7/1999 8:05:00 PM
From: Jon Tara  Read Replies (1) | Respond to of 18444
 
Now we know why they are called ZULU!!

"The rule will be phased in over a 12 month period beginning in July 1999 and continuing through June 2000 in alphabetical increments based upon the company's name as of January 4, 1999. In June 2000, the rule will apply to all companies on the OTCBB."

LOLOLOLOLOLOL!!!! Pat Hayton is a sly dog!

I am sure, now, that ESVS will be merged-into ZULU, not the other way around.

This way, they can get away with not reporting to the SEC through June, 2000.



To: Brady B. who wrote (17855)1/7/1999 10:14:00 PM
From: Jon Tara  Read Replies (1) | Respond to of 18444
 
What a fiasco!

Only with this stock.

Depending on who was responsible for the screw-up, this may leave MMs and brokers not wanting to touch this with a 10-foot pole.

Here's an interesting angle: anyone who knew about the screwup in advance would have been able to have sold their LEGITIMATE shares early in the morning, bought them back cheap later in the morning, and then sold again on the close, and made a handy profit.

All nice and legit, except for any fore-knowledge of the screw-up, which might be considered insider information.

Others who simply traded on the price action without fore-knowledge should be fine.

The stock completely recovered to $1.50 at one point, only to momentarily trade down to 0.75, and then back to $1.34 at the close.

You want excitement? You're in the right place. Just as good as Las Vegas, and just as random a spin of the wheel. Or maybe the wheel is rigged.

Somebody's got some 'splainin to do...