This is the first time I hear of a reverse split on UPDV. I had owned both stock for over 5 years and I never saw a reverse spit shown by my brokers statements to me. I sure would like to know where that came from! Also a reverse spit does not mean the ownership percentage of HTOG stock had changed. The only way the ownership percentage could have changed, is by UPDV selling HTOG stock. Lastly if the article is right, and UPDV raided HTOG cash reserve accout by 27 million dollars, by Kamal, why isn't HTOG taking a law suit out against Kamal and UPDV to get its money back?
What about the convertable bonds HTOG issued to UPDV, which would bring up ownership percentage up to 70%? Why didn't he say anything about that?
I don't think the person who wrote the article got all of the information to write a complete informed opinion. TOO MANY QUESTIONS UNANSWERED.
