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Re: Tim H post# 4726

Thursday, 06/21/2012 1:20:18 PM

Thursday, June 21, 2012 1:20:18 PM

Post# of 16407
Ironridge can't dilute until 180 days after the SG-13G, so it is obvious the sell off isn't that, and since the report has caused some panic in the investment community of UCHC because of IR's history with other companies, we have seen a rumor based decline in the PPS that has reverberated into the weaker hands. UCHC was honest in their statement yesterday, there is no dilution at this point in time, and neither are short sellers the cause of the PPS decline. On the bright side for those who have invested a little too much cash into this, a RS is unlikely (for at least a year - depends on how much IR dilutes over that course of time), as their financials seem to be in order and up to date, with a good asset/debt ratio, and their hands in plenty of areas in China. Agriculture and Paper is big business there, and is in a time like we were in the 50's and 60's. UCHC, could be one of the companies that IR has helped in the past, although few and far between, there have been success stories. I think it really depends on the internal structure of the company. I can't say for certain, since I haven't gone that far in DD, is what state of financial stability were the companies in that failed when IR became 9.99% owner of them? It seems at first glance, they were no where near the level of UCHC. I am small and long in this. Seriously, real small.


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