Ultitek Ltd. (fka UITK)

[Iglatend]

Nope, they are definitely active though, updating domain names, etc. Made a call to their subsidiary TAIS in Russia last week and they are up and running and sounded like they are doing quite well. They would not make any comment about Ultitek and stated that Roman must be the one to talk to in regards to Ultitek.
This silent period from management all while getting Reinstated, the quiet shareholders meeting, and renewing all their domains, and no apparent dumping of shares tells me something is up. I expected something by now but I am well aware of how long business deals can drag out, especially if a buyout is happening like I suspect. I recently sold one of my companies and the deal was "supposed" to close in August of 2010 and dragged out until December 31, 2010. I really have no idea if a buyout is happening here with UITK but they are definitely taking the steps that are needed for a buyout to occur. Based on what little I could translate from the tais.ru site, looks like they have been increasing revenues significantly over the last few years. Why wouldn't UITK provide press releases about the progress? One good reason - buyout. Again, just my opinion. I am just patiently waiting and playing other stocks along the way. I do believe anything under .01 is a very good deal though here. Just hard to accumulate many shares down here. Any time I have bought at the ask, it just shoots up.