ELVIS RE: UCAD PR
I believe it's nothing more than an announcement of compliance with impending Sarbanes-Oxley deadlines that all reporting companies must comply with. That having been said, however, it would conveniently correspond with the kinds of things that AMEX would be looking for with respect to corporate management before admitting any new stock to trading on their exchange. Did UCAD intend this to be an advance warning to the shorts along with their stock split? I don't know. I try not to read too much into things these days. However, I do see a stock split as a positive sign from management. I do see today's compliance announcemnt as a positive in terms of being ready with open corporate governance. And I have believed UCAD would like to to go a higher exchange. All of it seems to be an indication that this is still their goal. What the time frame is, however, is beyond me.
Inevitably they will announce the new board members before November 15 for UCAD and the following two things will happen:
1. Longs will cheer UCAD's selections
2. Bashers will trash UCAD's selections
You can bank on the above.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
