Just received an email UNDR!
Axxxx: 02-07-13 @ 12:36 pm EST
Date: Thu, 7 Feb 2013 07:50:25 -0800 (PST)
From: akorne <axxxx@yahoo.com>
Subject: Re: RESPONDING - YOUR EMAIL on 02-05-13 and INFO ABOUT UnderSea Recovery
To: BOBBY GOLDMAN <bobby777@rcn.com>
Thanks for all the DD Bobby. Was my pleasure to send a taste of what we are about. I updated my group and a public group on the information which some thought was very encouraging and beneficial for the future however the movement in the stock has been absolutely nil. Movement, as you call it in our share-price is quite appropriate with the virtual complete lack of any press info being distributed during such a long period (about 19 months), but the volume of trades should be a bit indicative of what will come about when we complete our funding and permitting process, both which are in the works and for the first time in a very long period of trying, we are almost there! The credibility of UNDR from what I have gathered is to be frank not that good. Actually, we are quite credible, but until we issue news, that credibility in the minds of many who follow the Company, is probably appropriate so I cannot fault anyone for feeling that way. However, when news is issued, it will be the kind of stuff everyone has been eager to read so all of us will just have to sit tight for a bit longer. I'm fairly new as an investor and liked the potential of the company with its patented tech in discovering undersea treasure. Yeah...it is quite amazing in its ability and during the years since we have been public (initially with Admiralty until 2004 and then Legal Access, which became UnderSea Recovery), there have been any number of people who relate to us as a sham, stating we have only raised money to pay ourselves salaries...and these comments are totally false and strangely enough, none of us has ever taken a salary since we formed Legal Access and then when it became UnderSea. As well, though you don't know me, I've seen the technology work and it is remarkable to see it discern between iron, silver, aluminum and then, of course, between two different types of gold watches...one with a higher grade (karat) of gold and one with a lower-grade. The interest in this stock would benefit immensely if the company would put out an update via pr to rekindle some interest. There are a number of reasons we have purposely not issued any updates, but one reason is our investors have requested that no news be reported until we finalize all aspects of the funding. As well, there are several other reasons that, if you and others knew why we cannot yet issue news, all would say..."you guys are doing the right thing and 'do' need to wait a bit longer!" [color=red][/color]There is NO liquidity at present we need a little positive input to restate the potential here. Despite the lack of any news whatsoever, suffice to say, we do very much want to share with the public what is going on, but until we are in a proper position to do so, we are much better-off by waiting until the timing is correct...and then everyone who owns shares will be gloriously happy and content with what we expect will take place when that news is forthcoming!
Regards,
Axxx
BOBBY G
VP - Business Development
UnderSea Recovery Corporation (UNDR)
