Replies to post #3002 on United Consortium Ltd. (UCSO)

[fatherofseven]

SO PRACTICALLY... when all is said and done, a few of us collectively own 30% of the float.... It makes no sense for us to sell because a mere fraction of any of our shares would drive it down - making the balance (even more) useless... This thing is still very thin, and moves on a breath. .

ON THE OTHER HAND, there is still the HUGE market potentiality of the catalogues... price has solid support at this level... most accumulated over .10... there's still time before an r/s... MM's were indicating upward EOD yesterday, buying will drive this up... MM's are looking to cover BIG... this could be a ride north very quickly...

[amadeus]

its true, I've done OK on reverse merger RS scenarios where the reverse split was reasonable and made sense, like a 1 for 10, or 1 for 100 even..

a 1 for 1000 is only a scenario I've seen used when the OS and float are gigantic, or if they simply intend to wipe out all existing shareholders. and again that happens but usually there is some care taken not to put out exciting news and follow much later with the RS wipeout news after lots of volume has invested in the new business plan.

it doesn't make sense, and I didn't see it coming.