US Global Nanospace Inc (USGA)

[wacalahan]

There was an interesting business report in today's newspaper concerning the Second Chance Body Armor Inc. filing for Chapter 11 bankruptcy. The Central Lakes, Mich. Company filed because of the many lawsuits (at least 10) against it by States accusing it of selling defective bulletporof vests to police officers. The Company is the largest manufacturer of soft, concealable body armor for law enforcement. PERHAPS USGA's product may successfully replace the material now being used by Second Chance.
What does everyone else think? Is this the reason for USGA's share price rise the last two days?
W A Calahan
PS: I wish Ragingbull would reestablish USGA's board