The Question and Answer Board

[MMMARY]

Joelong aka timandzack aka thomasfl just deleted the post which Matt approved. I IM'd Matt earlier and he said he doesn't handle this anymore. Below is the post which was deleted. I have to post it once a day on RB because joe here will actually post 80-120 posts in a row just to scroll mine back two pages. If I try to post it once every 40 posts, he turns me in for spam. I think he learned from this place http://www.boardpatrol.com They are paid to work the boards. tos is their weapon.

BTW you might not want to have that first post with your name on it. The information is obviously very incorrect. How about "UMCC, let's discuss it." Might be safer.

If you have to do this on every thread, you will go crazy. Hypesters by definition are extremely motivated to hype and type. They will all fight for their hype boards.

UMCC FINANCIALS HERE

1. They are being sued for $l.5M from the ARB. They must recall and fix l00 bikes and pay a fine.
2. Cynthia from marketing just quit. It was because of sexual harrassment. A suit will be forthcoming.
3. $4.5M is due in June and they have no funds to pay this either. FINOVA FNV who holds the note is also in bankruptcy.
4. They sold an asset in January. Their spend rate as per SEC docs is minimum 275K per quarter in a good quarter. They will run out of funds come June at this rate.
5. Their paid analyst was sued by the SEC for fraud.
6. They were delisted in October.
7. The economy is in a recession
8. The luxury recreational vehicle sector is in an even worse slump. Bikes are selling at cost now.
9. They have been involved in shareholder fraud and there may be a class action lawsuit filed shortly.
10. The SEC is also investigating them for fraud.
11. Their CFO quit/was fired recently. A VERY bad sign.
12. Their attorney also quit. He told me before he went to work for them that if they had a chance, he'd buy shares. If they had no chance and were involved in unethical things, he'd leave. He bought no shares then left.
13. The entire board of directors doesn't own one share. All insiders sold over a year ago.
14. Titan their superior competitor with a better name, product, marketing... just filed for chapter 7 liquidation. Three others in their filed, i.e. Norton, Quantum, Excelsior Henderson also filed for chapter 7 within the last year. Confederate and Indian current competitors are not buying from vendors and owe everyone money. Even HDI had a slow january and february because of the economy as per their own numbers.

I could go on. Take a look at the SEC docs and make your own decision.

Here is their q3 report. Read it.

http://realtimefilings.nasdaq.com/ShowFilingDoAction.asp?FileName=0000950148%2D00%2D002351%2Etxt&...