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Re: fredugsi post# 215

Tuesday, 10/27/2009 10:24:27 AM

Tuesday, October 27, 2009 10:24:27 AM

Post# of 1747
Good recent posts.

I believe, as with UGSI, we won't really know much about GSPH until it starts public financial reporting. I also agree that Mr. Smith is very good at marketing his startups. But that's not to say there is nothing of substance behind the public comments.

The issue of when USGI will begin public reporting of its business has been an ongoing negative with many UGSI investors and followers of its stock - me included. It seems that event keeps being pushed into the future.

Regardless, I respect Mr. Seidel and team for not constantly hyping USGI, as it was done under previous leadership. I believe current UGSI management has good reasons for delaying public reporting, and I support their "go-slow" method of building the company, without the hoopla of the past.

I suppose in the end, active or potential investors try to constantly gain a sense of what a company is about and where management is taking it. Wrong or not, my sense is that UGSI is making good progress in its industry and the other issues will fall into line at the appropriate time.

Just my thoughts.
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