Friday, November 18, 2016 10:45:52 AM
What incentive would $UCPA have to sell the shell? They can use it as a source of capital if there's a downturn in the market. Right now the public trading vehicle acts as a form of inexpensive, and untapped credit line. There's a monthly TA cost, plus the OTC Markets fee. Say $10-15k / year???
Another $400k from a sale isn't going to positively affect the managers, but it would cause them a tax bill (that's a personal detriment).
The best thing that can happen from a trading perspective is a sharp drop to $0.0001 / share. Then bottom feeders would buy $UCPA and try to flip it. Maybe that volume would generate a self-sustaining trading market.
The paradox of iHub: buy high, sell low
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