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Re: None

Friday, 08/17/2012 8:21:55 AM

Friday, August 17, 2012 8:21:55 AM

Post# of 16407
Just a Thought...we are indeed likely around 2.5 billion O/S from 838 million. If you do the math, and UCHC dumped approx 1.7 billion shares on the market - they would have raised in the neighborhood of $1.3 - 1.5 million. This amt. is around the same number they owed (Debt) from Iron deal.

Why am I mentioning this is because I believe dilution is done for quite awhile which is good ! If one stops and thinks this out - IF UCHC were truly trying to line their pockets and up to no good, they would be trying their darndest to inflate the PPS through PRs and "pumping". Since this has not happened, I think they most likely made good on their debt but I am hopeful that they may have also enhanced their 2 business units somewhat as well. Going forward, this should run as shorts begin to buy to lock in their profits. Once we see a few more days of low volume (just retail folks rounding out positions) then I think the green light hits and the run starts. Today and Monday, if lower volume, may actually be good and will confirm dilution is done. This is what the market is waiting for prior to the run. GLTY
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