UTOG's average volume while on the grey's stuck around 60,000, until the past week or so, which in that time period we have had days in the millions. Seems like investors are jumping on the bandwagon of a company on the grey sheets, which in my mind would be obsurd, if i was an outsider new to this company. We need to keep that investor confidence in mind as we near the end of being on the grey sheets. I dont think the types of buys we are seeing would occur if investors saw UTOG staying in the greys, or plummeting, especially dropping to single digits.
Also, UTOG recently pointed out they are saving their pr's until they are relisted. They seem certain they will be relisted soon. If they thought we weren't gonna be relisted, they would be putting out pr's to save their butts. But instead they save them for after the re list, benefiting everybody but the naysayers who held out.
Let's not forget that oil production is in the near future, the future could be sooner than we imagined once the pr's start rolling out. Another investor and I pegged mid September New Miami could be in production. Considering the fact that UTOG has been considered an exploratory company, news of production will be huge!!!
Finally, we are currently on the grey sheets folks, pps has no rhyme or reason, but with the investor confidence, company confidence and prospects in the near future, big things are in store!!!!
