Univec Inc (UNVC)

[4C]

New low is no surprise, more to go...

The price decline is only being slowed by the hardcore supporters.

Univec has nothing - nothing of substance in the filings, no news, no forecasts from the alleged board, not even any kind of update from the CEO - and OTC shareholders being left completely in the dark generally leads to trips - especially when everything suggests insiders are selling shares.

Dalton is in a tricky spot: he's been making claims for years but hasn't delivered anything, and was supporting the share price by tweeting deliberately vague but positive statements. Now it seems people have been submitting cases to the SEC, which has made Dalton considerably more cautious - and as such he can't continue his campaign of online untruths - the consequence of which is the failing stock price.

Add in the questionable filings, salary/share conversions, the debts payable to insiders, the ridiculously low income and increasing losses, false addresses and lack of contact information, Daltons outlandish claims and sudden silence...

Univec is well into penny-scam territory