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KevinFx

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KevinFx

Re: unityriver post# 82

Tuesday, 10/13/2009 10:00:49 AM

Tuesday, October 13, 2009 10:00:49 AM

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Yes, I agree, nobody knows about this stock. No Press Releases. This company has the characteristics of a company that has already secured some form of financing which means that they don't need to go around selling the stock with over inflated press releases.

On page 12 of the last 10-Q they had authorized the placement of up to 5,000,000 shares to raise funds then withdrew the placement after only issuing 1,000,000 shares.
Also if you look at the Related Party Transactions on Note 7 page 12 you will see the quality of the companies they have dealings with.
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