Tuesday, January 30, 2018 9:12:28 AM
As for the last letter I have posted several times as to where I felt the indicator was but if you are looking for a section that says "here is our plan before we do it", you wont find it and for good reason I would think. lol.
The restructuring of ANY company is significant and ALWAYS telling. It is done for MANY reasons and most of them arent for bad intentions
This is what I sent you last Friday in response to the same concern:
"Recently we fundamentally restructured the capital structure of the company to reflect a company more in line with its peers on senior exchanges so we could consider additional opportunities. This is indicative of an aggressive strategic action plan we defined almost two years ago in an effort to course correct the company’s trajectory. This initiative has resulted in substantial progress in three key areas:
Up-listing- The execution of a comprehensive action plan designed to accelerate the company’s momentum towards an eventual up-listing to a senior exchange.
Market Oversight- We restructured and/or settled debt to better position the company’s corporate balance sheet ahead of independent audits in anticipation of future opportunities for expansion and institutional financing."
This section is very powerful and many overlooked it. He's basically telling anyone who is paying attention what he is going to do. It is obvious to me that they are matching another company cap structure because they intend to reverse merge or be bought. If he didnt adjust cap structure, and he didnt care about the shareholders he would leave cap structure the way it was, merge with a higher pps public company and convert everyone DOWN!
or.... simply do a rs like I have suggested many times. It may seem painful to do but you have to get the flippers out. I understand the point you are making and I am not trying to be rude or insulting but this is why I have been in favor of a rs. The way you think is the way many people in the pinks and in UATG think. Its all about flipping and not investing which I completely understand but you have to see why investors have to do more DD and why investors see things differently than most day traders. Thats not an insult its just the way things are and its why UATG is going to have one heck of a time climbing up without a very big and creative move. The ceo is smart and wont quit but he better have the plan I think he has if they are EVER getting to NYSE or NASDAQ.
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