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Re: BULLISH_TRADER post# 16645

Wednesday, 10/13/2010 7:20:42 PM

Wednesday, October 13, 2010 7:20:42 PM

Post# of 17016
Sorry BULLISH TRADER......totally WRONG


Insiders are NOT loading up. They were granted options, however, those options cannot be exercised as there are no shares available to issue to satisfy those options ---- unless a MASSIVE Reverse Split is done.

From the Form 4's.......

"Explanation of Responses:
( 1) This is to report the grant of an option by the issuer to a non-employee director. No cash or other property was paid for the grant of the option.
( 2) The option shall become exercisable only when Unico, Incorporated has a sufficient number of authorized and unissued shares of its common stock available to cover all the conversions or exercises of all previously issued convertible securities of Unico, Incorporated and all of the options granted to its independent directors on May 22, 2010 and the options shall be exercisable thereafter for a period of five (5) years"

As the Authorized Common Stock is maxed out, there are no shares available to satisfy these options.

"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"

Shut down the Pink Sheets for good. Call your congressman, FINRA, SEC, etc. Let your voice be heard so that this SCAM exchange can be shut down

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