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I think after the SEC takes USXP in receivership they will simply liquidate the assests and pay off creditors and if there is anything left over they will toss a few pennies to the sharholders(bagholders)
RA wont be easy to get rid of because he is makig money hand over fist by dumping billions of shares on the open market. USXP is RA's ATM and he isnt going away without a fight
L-2 shows a "sea" of buyers at .0002. Volume is down compaired to the past few trading days also....we will see .0001 trades by EOD Monday
Any date set for production yet ?
Virginian, Do you still believe?
You gotta love these OTC BB companies !!
UCOI's Dilution & Death Spiral Financing is killing the PPS...yet again it's this very method keeping the busines a float until they start production and start showing some revenue.
OK, The house 2 doors down will sell in January of 2008 and your next grand child will be a boy named Cool D
Didn't RA lie about being a Marine also ?
I am a OTC BB stock God...here me roarrrrrrrrrrrrr
USXP PPS predictions:
07/25 - 07/27 .0003- .0004
07/30 - 08/01 .0002- .0003
08/02 - 08/03 .0001 -.0002
By September 1 st this company will be in receivership with the SEC or delisted
Is there any financials available on this company?
Wolf Dude, you are 100% correct (80/20)
This is better than watching the Super Bowl...weeeeeeeeee
This stock is catching fire !
Hmm...L-2 showing ,more buyers than sellers and some new MM..interesting
Volume is way down today & price to soon follow. This stock will be trading in the .0001 - .0002 range by the end of the week...buyers beware
Yep, USXP and UCOI are some of the worst...
What news ?
"I don't think he come back to 0,0002, buy tommorow because the news out on tuesday pm "
RA has been diluting this stock on huge volume daily. There is no way a stock like USXP will rally with its HUGE OS, crooked CEO, and 1.1 million in revenue/19 million esp.
UCOI hits 52 week low today...
http://stockcharts.com/charts/gallery.html?UCOI
And why do you think that ?
This dilution & death spiral financing really sucks...huh
It's not poping ! -----------
OK Frankiy Moneymaker, If this stock hits your target of .0010 I will send you a gift certificate for a dinner for 2 at your favorite resturant...you know where to find me :)
Don’t expect a significant technical bounce ever again. USXP & RA has been exposed by the SEC a scam. This company will soon be in receivership and then delisted.
EOD and no gain ! USXP will be trading in the .0002-.0003 range on Monday
USXP is trending down my friend. RA's "State of the Union" speach today bombed
Low of day ! .0003 weeeeeeeeee
The "Father of lies" is about to speak http://biz.yahoo.com/iw/070718/0279274.html
See you at .0001 my friend !
BUY TODAY AND LOSE 50% BY TOMORROW
Dont forget to put in a "stop loss" because no one beleives RA anymore...SEC receivership & delisting soon
L-2 shows very few bids @ .0004 ! By the days end, USXP will be trading in the .0003-.0004 range and even lower next week
Weeeeeeeee
If it wasn't for RA diluting this stock and dumping illegal shares on the public it would have been dead long ago
A dead cat bounce means nothing at this point. This company has reven of 1.1 million and OE of 18+ million and thats only one reason this is a sub penny on the brink of BK.
Whoo...Whooo. USXP is up 50 % today and soon we will hit 2.00 PPS ! RA is going to have another MJ auction and raise 50 million and the middle east funding deal is almost compelte. Dont let the bashers on this board kill your faith despite USXP only has revenue of 1.1 million and exp of 18+ million...NSS & MM's here we come....weeeeeeeeeeeeeeeeeeee
Wow! I thought this ship was turning the corner a month ago and the last couple trading days this stock is hitting new lows..any hope here ?
Dude - This migh make some sense to you....
Topic: UCOI - Death Spiral Finiancing & Dilution
Death spiral financing is a process where convertible financing used to fund primarily small cap companies can be used against it in the marketplace to cause the company’s stock to fall dramatically and can lead to the company’s ultimate downfall.
Many small companies rely on selling convertible debt to large private investors (see Private investment in public equity) to fund their operations and growth. This convertible debt, often convertible preferred stock or convertible debentures, can be converted to the common stock of the issuing company often at steep discounts to the market value of the common stock. Under the typical “death spiral” scenario the holder of the convertible debt initially shorts the issuer’s common stock which often causes the stock price to decline at which time the debt holder converts some of the convertible debt to common shares with which he then covers his short position. The debt holder continues to sell short and cover with converted stock which along with selling by other shareholders alarmed by the falling price continually weakens the share price making the shares unattractive to new investors and can severely limit the company’s ability to obtain new financing if the need arises
I know a MFG rep that is close to ACHI and he is saying there will be big contracts in August & September.I live Grand Rapids Michigan about 3 hours west of ACHI and will steppin up my DD on these up and coming contracts
Record volume for UCOI + droping PPS = dilution and death spiral financing...get a clue