uVuMobile, Inc.(fka UVUM)

[IRBeach]

Not all the warrants have been converted.. How do you think the company has been able to stay afloat for the past 2 years? Someone did additional financing's at the same price .064 even though the stock was trading at pennies to avoid the ratchet down provision of the original warrants in 2007. When their ready to move the stock higher it's not going to require much of an investment to clear up all the stock below .064. If the investor/s already did financing's at .064 it seems their already prepared to buy anything else below that strike price.. First the company needs to launch more apps and begin making money.. Once that happens that's when you'll see the clean up of all the stock below .064. The objective would be to exercise those warrants to provide more cash for the company.