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Re: joro44 post# 8447

Wednesday, 10/19/2011 9:33:07 AM

Wednesday, October 19, 2011 9:33:07 AM

Post# of 38473
Ah I didn't know that. A link would be nice.
Nevertheless, its still a 'rumour/theory' you've created. There is no direction in 2010 or even in 2011 or any indication that the current Board of Directors will.

As per 10K

The shares will remain within the corporate treasury until we need to use them. Furthermore, the Board of Directors does not intend to use them for a reverse stock split. We believe our shareholders could receive many benefits starting with an increase in the stock price, more revenues, earnings, greater market valuation of our company, millions of dollars in assets and more liquidity. This action will enable us grow and expand very quickly through some potentially large mergers and acquisitions that we have been working on for some time, therefore we need to have the shares available to us now, and the flexibility to meet those goals.



PS. This is what I've been questioning you. You despise 'forward looking' statements. Yet, you 'theorized(also forward looking) that they will R/S. Total contradiction.

Reference: http://biz.yahoo.com/e/110726/ubrg.pk10-k.html

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