InvestorsHub Logo
Followers 23
Posts 3591
Boards Moderated 0
Alias Born 06/28/2010

Re: Black Beerd post# 9274

Friday, 07/18/2014 10:51:12 AM

Friday, July 18, 2014 10:51:12 AM

Post# of 18904
Unless I missed something, the Plasma deal USPR announced has not progressed past the point of the announced re-structuring. So yea, the trading analysis of USPR would include the compete lack of performance of USPR management to consummate a deal they announced and re-structured.

Oh, wait, I was wrong. USPR management did progress a bit further on the Plasma deal. USPR issued the preferred shares to Plasma management (you know, of which one is the USPR CEO, and the other a member of USPR's BOD) so they progressed the Plasma deal to the point of giving out USPR preferred shares (convertible to common) but have yet to progress the deal to any point that will create revenue for USPR. Put another way, they gave out shares and as of yet, got nothing back for them. So, yea, that's factored into the trading analysis.

Back straight!

This post is my opinion and should not be used as investment advice.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.