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Re: crossball post# 7261

Saturday, 07/21/2012 4:09:31 PM

Saturday, July 21, 2012 4:09:31 PM

Post# of 16407
those r million dollar pumps though,these guys are trying to do it by working hard and showing a profit.

goes to show ,hard work doesn't pay near as well as smarts!!LOL

Another thing that is strange to me is july 12 8-k filing:


QUOTE."......On June 19, 2011, Ironridge Global IV, Ltd. (“Ironridge”) informed Uni Core Holdings Corporation (“the Company”) that the agreement reached on May 21, 2012 whereby Ironridge and the Company settled $1,483,721 in previously outstanding debt of the Company now owned by Ironridge, in exchange for unregistered shares of common stock of the Company is to be cancelled. The Company accepted the cancellation ..........."

the banker(ironridge) gives co. $1,500,000
co.gives banker(ironridge)shares.
banker says cancel.co. agrees.
of course co. agrees,anytime i dealt with a bank ,i'm the one agreeing,never had other choice.

But why does banker(ironrdge) cancel????

what r they getting instead??

this one baffles me.

if anybody has an answer i'm all ears.

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