Universal Property Development Corporation (fka UPDV)

[why_meil]

All stocks are risks. In UPDV's previous Qs and Ks they've been mentioning that unless UPDV can raise funds they will have to discontinue operations. If Kamal can't raise money he closes shop. But it's not like we weren't warned.

I gambled with this and lost $17,700. Still holding 1.32M shares just as a memento. Should it ever get to 1.33 cents per share I break even (but, pigs will fly first in my opinion). But it's not the first time I lost on a gamble nor will it be the last.

Just unbelievable Kamal's total lack of concern for his shareholders. He certainly doesn't deserve any shareholders. I picture him in an Armani suit sitting behind a big mahogany desk leaning back in his executive leather chair with a fat Cuban cigar hanging out of his mouth laughing his ass off at us retail bagholders. He will never lose a dime in his scams, but I'm a firm believer in what goes around comes around, and I wouldn't want to be in his shoes on judgment day. Maybe he will save Jack a place by the fire, or Jack can save him a place by the fire if he gets there first.

Best of luck to all.