News Focus
News Focus
Followers 80
Posts 7899
Boards Moderated 0
Alias Born 10/15/2003

Re: Livintilidie post# 22951

Tuesday, 09/20/2005 4:58:08 PM

Tuesday, September 20, 2005 4:58:08 PM

Post# of 174881
USOO lawsuits

This is very good news for current shareholders. To answer your question I am a former shareholder and it weighed heavily on me to the point I sold my entire position.

I didn't sell just because of the lawsuit though I sold because of my perception of inside dealing by management.

The insurance carrier is closely affiliated with company management and when I saw they were not planning on paying the settlement I decided that management was using USOO to line their own pockets by collecting premiums but not paying claims.

This may put some shareholders minds at ease so I would expect a positive reaction.

When posting on VMC boards all postings should have a symbol in the header and if foreign please post both US and Foreign symbols.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today