SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU) -- Ignore unavailable to you. Want to Upgrade?


To: randmiser who wrote (17943)1/9/1999 11:06:00 AM
From: Brady B.  Read Replies (1) | Respond to of 18444
 
There is a sentence in there somewhere that says (paraphrased), 'if Proposal I fails to pass, none of the other Proposals will be voted on because they all depend on Proposal I'.

and Proposal I is:

Proposal I, if approved, would change the name of Enhanced Services Company, Inc. to ZuluGroup.com, Ltd., transfer the organizational jurisdiction of the Company from Colorado to Delaware, establish as the authorized capital; 100 million shares of $.001 par value Common Stock and 25 million shares of preferred stock.


bb



To: randmiser who wrote (17943)1/9/1999 11:13:00 AM
From: Brady B.  Read Replies (2) | Respond to of 18444
 
Page 60:

After the reverse acquisition the former Zulu-tek stockholders will own approximately 73% of the Company.

bb



To: randmiser who wrote (17943)1/9/1999 11:27:00 AM
From: Brady B.  Read Replies (1) | Respond to of 18444
 
I did not know this:

Page 74
Softbank Holdings, Inc. v. Mediabank, Inc., and Zulu-Tek Media, Inc., Los Angeles County Superior Court Case No. BC197397. Softbank Holdings, Inc. ("Softbank") filed an action in September 1998 against Mediabank, Inc. and Zulu-Tek Media, Inc. for breach of an indemnification agreement, and breach of an assumption and guarantee agreement regarding the bonus, severance and other payments paid by Softbank to a former SIM officer and allegedly owed to Softbank under the indemnification arrangement. Softbank seeks damages in the amount of $436,198.90, with interest, costs and attorneys' fees. The parties are engaged in settlement negotiations regarding the action.


bb



To: randmiser who wrote (17943)1/9/1999 11:48:00 AM
From: Brady B.  Read Replies (1) | Respond to of 18444
 
More tidbits:


On the date of the March Transactions, the General Partner of Netvest was Netvest Capital Funding, Inc., a Delaware corporation. The limited partners in Netvest included China International Equities, Limited ("CIEL"), Global Circuit Enterprises, Ltd., Techno Wizard Ltd., China Enhanced Ltd., Superior Solutions Ltd., China Capital Funds Ltd., Inter-Fax Ltd., Asia Strategy Developments, Ltd., Digital Age Enterprises, Ltd., and Asian Project Services, Ltd.