Clarification from IR: I contacted Investor Relations (IR) for UTRM to inquire as to the representations on this Board regarding Penny Stock Chaser (PSC). According to IR, the company, its management, and insiders at the company emphatically deny that the company or any current manager or insider has in any way paid PSC to promote the stock. And, IR states that neither the company or any current manager or insider has or is selling stock at this time. In fact, all management held stock is restricted and cannot be sold. IR added that they welcome the exposure for the stock and the company since in the very near future there is a considerable flow of information and Press Releases expected to be issued.
Apparently, if someone is paying PSC to promote the stock, it is not the company or any current insider doing it. I also asked whether there was any media interest in the company or product in connection with the current show and ADA meeting in New York. IR stated that they have been contacted by newspaper, TV and radio media in the New York area, and have conducted several interviews already this week. IR cautions that they have no contrlol over what any respective media report or how they cover the events in New York.
My view is this: Regardless of where the stories or promotion come form, any exposure is good exposure.