Pictet's position was bought by HEK. It's exactly the same % and Pictet is no longer listed as an institutional holder. Pictet bought at $0.22 and sold at $0.14 (per some other board postings). We all need to be on HEK's conference calls because it's the only source of information we get (excluding Andy's quarterly shareholder update). Wouldn't it be nice for UGSI to work its way into the China market via HEK? UGSI's stock would be $1.00 the day we get that information. I've owned a large position in UGSI for over 5 years. Bought it from $0.16 to $0.52. Bought it when Wynnefield Capital got involved. Wynnefield Capital is long-term deep value hedge fund account in NY with a tremendous track record. They'll hold positions for 5-10 years without blinking. Pull up their name on Google and you will see that Peter Black from Wynnefield is on the board of directors of UGSI.
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