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Monday, August 18, 2008 2:41:37 PM
I often wonder about where you guys come up with these ideas on how to get USGA going. Agree that the performance of the management lacks credibility and derserve some sort of jab to the ribs to get things on center once again, but, gee, contacting the SEC for help is asking for the end of USGA. Can you imagine what would happen to USGA's PPS if the SEC unloaded all those confiscated shares on the market? There would be no buyers, period, unless all of us stepped up to the plate and bought them - - question: WOULD YOU ? The SEC is not in the business of buying and/or managing companies they regulate and fine.
It appears to me that the real beneficiaries of this present approach of contacting the SEC will be as follows: (1) Vitusa, (2) Tiax, and (3) Defense Matrix after they take over these valuable fanchises when USGA goes belly up!!!!
Please give this some serious thought. Remember the last time we asked for SEC's help USGA was on the OTCBB exchange. The result was management of USGA transfered to the PINK SHEETS.
Penny stocks are a crap shoot and often are run by a bunch of quick buck artists such as Robinson and staff. I don't like their kind stealing my money, but on the other hand I DON'T LIKE A BUNCH OF POSTERS ON THIS BOARD GIVING OUT BAD ADVICE!!!!
JMHO
W A Calahan
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