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Re: trader guy post# 10908

Monday, 11/26/2007 5:56:41 PM

Monday, November 26, 2007 5:56:41 PM

Post# of 17016
itsonlymuni,

Very simple, I'm sure even you will be able to understand it:

Unico was up against the 5 bil share limit last year. They did a 100:1 reverse split back to slightly less than 50 mil in August of last year.

They are now up against the same 5 Bil share limit now. Every new share issued since the reverse split last year = 100 pre-reverse split shares. They have issued over 4.8 billion shares since last years reverse split x 100 = 480 Bil pre-reverse split shares.

By the way, as a result of last years RS the share price went from $0.0018 to $0.18 ---- now we are at $0.0008 --- well over a 99% loss of share value.

Just look at what you have to look forward to!!!!!



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