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Re: iwitness4jc post# 31073

Friday, 02/21/2014 11:29:55 AM

Friday, February 21, 2014 11:29:55 AM

Post# of 38473
I think you misunderstood me.

UBRG has, in the past offered a share dividend. I believe it was a 1:10... Not sure though.

Anyway, they paid for the share dividend with shares...so while several investors claimed the co. must be in great shape, others saw the dilutive effects of offering a dividend paid for with shares.

The Co., at the time, had 1 Billion A/S, raised it to 3 Billion, gave shareholders a few free shares and the let the shareholders sit by and watch the stock fall from well over a penny to where it sits today.

The only way I see any shareholder who bought at higher prices ever getting any money back is through a pump and dump and my advice is to sell it when/if it happens.

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