are you freakin kidding me?? i've slammed every management of uspr since jerry pane, including jerry pane. and there's been like 7 new management teams since pane.
they all have one thing in common. none of them have ever accomplished anything with the property.
it's been over a decade and we still don't have any results for the concession they worked on for a decade (you know, the concession they no longer control), and the rest of the property (if they even control it anymore) has never had any work done on it, so...
whether the people have a vested interest is irrelevant. getting money with uspr trading (if you want to call volume of $300 a day trading) at .003 it's going to be extremely expensive to current shareholders.
uspr currently has at least 300 million outstanding. to raise even $100,00 would cost 66 million more shares. $1 million would cost 666 million shares. current shareholders will get diluted like crazy.
so, to recap. uspr has no money, big debt, and a ton of converts on their books. 300 million shares outstanding, a need for a ton of money raised, a stock price at .003 and, based on uspr's previous timeline (including time with pane as ceo) another decade to work on, yet not prove, any results.
investors have better odds at the craps table.
This post is my opinion and should not be used as investment advice.
