UnifiedOnline Inc fka UOIP

[bliksam]

There is no long term plan for this company. It went from being a reseller to a manufacturer to a merger with a very minor player in Kansas City. I have been watching this long enough to remember getting Christmas cards from the company when the founder, John Signorello (who is now deceased) tried to go from being a lounge singer to a captain of industry. He was so naïve that he announced a 2 for 1 split when the share price was 4 cents. The board quickly stopped that fiasco. John Chen was invited to join the team but bailed out when he first visited the "operation" in a warehouse space they rented for $5000 a month. They couldn't gain traction on the manufacturing line, and completed the merger with CTC NAP apparently to keep the company on the books and allow the shares to continue trading while insiders could make money on the dilution. I doubt they have any employees on the what remains of the Iceweb side of the company. The only reason to follow this "company" is if you have shares you can't sell and you hope for a miracle.