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Re: None

Friday, 05/16/2014 9:31:06 AM

Friday, May 16, 2014 9:31:06 AM

Post# of 133793
Reverse Mergers can be dangerous. In this case, it is UNGS that has absolutely nothing but a name change, allowing a canadian company to slip through a few loopholes to become a publicly traded company. The government has issued a warning to investors about these types of mergers in 2011 which you can see here:

http://www.sec.gov/investor/alerts/reversemergers.pdf

However, these warnings stem from fake companies overseas merging with fake companies in the US...which looks great on paper until they can't produce a revenue because they are fake and fail. Signifi is a real company with real revenue that has finally found a way into the market with UNGS...which is the best thing that could happen to the Anderson family since this stock will now be owned by Signifi because the Anderson family has failed at everything they've ever attempted.
Me personally, I'm holding until at least August 1st to see what this merger might do for the stock.

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