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Re: Ordinary Guy post# 10485

Wednesday, 03/04/2009 10:52:16 AM

Wednesday, March 04, 2009 10:52:16 AM

Post# of 43673
How low can UPZS go before it's unattractive to even earth-worms? I see today that the price went to .0002 The PAR value, according to Pink Sheets, is set at .0001 According to Wikipedia, some states ban the sale of sub-par valued stocks: "Most common stocks issued today do not have par values; those that do (usually only in jurisdictions where par values are required by law) have extremely low par values (often the smallest unit of currency commonly used), for example: a penny par value on a stock issued at USD$25/share. Most states do not allow a company to issue stock below par value." So as we witnessed the yanking of the corporate life-support system, as per Bill Vowler, during his bankruptcy hearings....are we too going to see the very last heart-beat soon? Get your vigil candles ready! IMHO Wood™