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why_meil

08/22/08 2:14 PM

#7636 RE: bricker #7609

On paper you do or if you actually sell. Otherwise you haven't lost a dime. After the weak hands fold new players will step in to run this back up. It's just a matter of time.

Actually I would love it if they take the price below $0.001 because I'd throw another $10K at this. The price now will be looked back on as a gift to anyone still here 6 months from now.

Think about it. Say UPDV was diluted to 2B shares outstanding right now (which they aren't), at the current price that's a market cap of just over $4M. There are garbage O&G stocks out there now on the OTCBB with market caps over $15M that have zero revenues and zero current production. Here at least, we have a real company doing over $70M in revenues and with real current production! The share price will take care of itself over time, Kamal just needs to keep moving forward and executing on his plans. He has a lot at stake in this too and I'm sure he'd like a nice return on his investment.

My opinions.