Thursday, May 06, 2010 7:01:57 AM
UWRL is set up pretty imo, anything under a penny is a steal imo, under a few pennies will be a great value. Wait and see..
-The idea is to vend in a China-based company with strong assets as a primary business, and a USA startup company such as GGER as the secondary business. The merger with GGER concludes one of several USA - Canada based secondary merger negotiations. At the conclusion of this first of many mergers in UWRL will mean - the issuer in Distress Rank - is gone. We can move on onto new, better things, attract new business contracts and focus on growth.
-UWRL will purchase the GGER and one of the China targeted companies for consideration of 500 million shares of its restricted stock. These shares, issued in the name of GGER, will be held in escrow by the third party for a period of one year. If GGER meets all business and financial milestones set up by the company, the shares shall be released to GGER and China companies. They will still not be able to trade or enter the free market subject to US security laws. If the merger companies fails to achieve these reasonable milestones, the shares issued will return to the UWRL and will be canceled.
-Further on merger negotiations, the company continues discussions with a number of strong, China-based candidates with substantial assets and solid business models to vend in as the main subsidiary. These candidates will represent the "core" subsidiary of the UWRL, offering large assets and solid, growth-oriented business models. Subsequently, as the details of the upcoming China merger unravel, the UWRL management will appoint the primary China based CEO of UWRL and directors.
-Just so that we are clear there are several China companies that have put their hand up on UWRL plus a software company here. The idea is to have UWRL become a conglomerate holding company all in the communications / software / small appliance green recycling (telephone - communications) industry.
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