Replies to post #15106 on Univec Inc (UNVC)

[StealthTrader]

Out of Business and “dirty shell”

Appreciate your insight on the background and affairs of UNVC. What do you make of the following (below) that's been posted on here? I think it's rubbish.

Everyone should read this thread for more insight. http://boardreader.com/fp/Investors_Hub_Discussion_Group_68461/NIR_Group_3112589.html

Owings Mills, MD, July 03, 2014 --(PR.com)-- Univec, Inc. (UNVC) a specialty pharmaceutical company, announces the appointment for Chairman of the Financial Advisory Board ("CFAB" or "Chairman") Robert M. Cohen of Revolution Investment Management based in New York. Mr. Cohen will be responsible for overseeing operations in finance. With over 32 years in the investment industry Mr. Cohen was Founder and President of Robert M. Cohen and Co., a full service brokerage firm specializing in investment banking , research and marketing making.

Caveat Emptor

jmho

[surf1944]

stockmasterflash Thursday, 07/31/14 08:08:21 PM
Re: StealthTrader post# 15104 0
Post #
15106
of 30532
“The UNVC shell is a "dirty shell" with secured debt from it's toxic lender, Cory Ribotsky's AJW/NIR Group, and 6 figures worth of municipal and federal LIENS against it.

http://casesearch.courts.state.md.us/inquiry/inquiry-index.jsp

ROSLYN, N.Y., Dec. 14 /PRNewswire/ -- NIR Group ('NIR'), an alternative investment firm that manages a variety of strategies, today announced that Robert M. Cohen, 48, has joined the firm as Managing Director. Based in the firm's Roslyn headquarters, Mr. Cohen is responsible for overseeing operations and business development.

"Bobby has a proven track-record in managing and building a successful firm in the financial services sector," said Corey Ribotsky, Managing Member and Head Portfolio Manager.

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Washington, D.C., Sept. 28, 2011 — The Securities and Exchange Commission today charged a Long Island-based investment adviser with defrauding investors in hedge funds investing in PIPE transactions and misappropriating more than $1 million in client assets for his personal use.
Additional Materials

SEC Complaint: http://www.sec.gov/litigation/complaints/2011/comp-pr2011-194.pdf

The SEC alleges that Corey Ribotsky and his firm The NIR Group LLC repeatedly lied to investors to hide the truth that his PIPE investment and trading strategy was failing during the financial crisis.