InvestorsHub Logo
Followers 2
Posts 432
Boards Moderated 0
Alias Born 06/14/2011

Re: PennyStockInvestor post# 3806

Thursday, 03/01/2012 8:38:52 PM

Thursday, March 01, 2012 8:38:52 PM

Post# of 133793
That order should have been a buy back, not dilution. UNGS has already approved a $400K stock buy back to reduce the float, so it doesn't make any sense that they would be diluting. Their goal is to reduce the number of outstanding shares over the next year. Check out their previous PR posts.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.