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Re: Carnac post# 25978

Thursday, 06/23/2011 8:45:04 PM

Thursday, June 23, 2011 8:45:04 PM

Post# of 30118
Carnac- you've been here awhile- so have I. neither of us have seen any proof of a booming money making operation here. from the mods we've read posts that USRI is 'not a money making operation and that cousin vinny is not a good business person and has questionable business ethics' and then there is this:

in this article the ceo says The companies (scrap usa and Voyager Petroleum )combined have 100 workers.
( http://readingeagle.com/article.aspx?id=275479 )

and there is this:

Scrap USA LLC http://www.manta.com/c/mmcfs70/scrap-usa-llc >>> has an annual revenue of $2.5 to 5 million and employs a staff of approximately 5 to 9.




so who knows whats going on? not me. is the A/S still 995,000,000 ? if so why?

with the potential of the O/S reaching 995,000,000 and not knowing the revenue and or if there is any profit @ USRI it is not easy to put a value on the shares-imo.

at this point it's just a chart play -imo - is the pps down as far as it will go? - timing is always key.





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