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MichaelMir

05/22/17 9:28 PM

#30558 RE: MichaelMir #30557

But in all seriousness, something as ridiculous and unheard of (at the time in JUNE 2009) as bitcoin went from $0.0001 in June 2009 to $0.07 in June 2010 to $15 in June 2011. That's 150,000X!!! Other, more prominent examples include SNAP, Inc's IPO despite hundreds of millions in losses as well as Yahoo paying 57x REVENUES for Broadcast.com (Hi Mark!).

Proof thatthe financial markets, and the market value of any stock often make little sense. It's irrational. Lunacy is alive and well with stocks. It's been 8 years and just week ago or so ago we had volume of 30m shares. Additionally, the company has yet to file for bankruptcy to protect it from creditors (whomever they are). A handful of people have MASSIVE amounts of worthless stock in UVSE, which is nothing more than an empty shell. Something is in the works here. I say this because of the convertible debentures back in 2009/2010. The debt was in the millions of dollars. There's a chance here for those former cd holders-turned-shareholders to resurrect this via some kind of merger. Otherwise they lost MILLIONS of $$$$. Something will happen here, eventually.

buffalo2222

05/24/17 11:13 AM

#30559 RE: MichaelMir #30557

Ya, I got some Ethereum a few weeks ago
and price has more than doubled!
At almost $200 per coin now. Crazy.
I wish UVSE would wake up!!