Replies to post #12131 on USA Recycling Industries, Inc. (USRI)

[Snowie]

Mid-5s Today Looks Likely

All this fluff about the A/S and the O/S is just a distraction. Like you say, it'll be a long time before the A/S converts over to the O/S number. I get that some might think it's the company's way of trying to raise easy cash that shows little chance of being recouped by investors but I don't think that's what's going on. There was some serious bid whacking and it showed in the chart that was posted late last night. I'm trying to figure out the motives of the naysayers at present, because I don't see them as short sellers in this instance, so why the gloom and doom? Something else is going on.

A few days of downward movement is having an effect on a few of the bigger buyers, but I look at the daily trading volume and I don't see a likelihood anytime soon that it's going to enter into an extremely deep trough. Has it been a week characterized more by the downs than the ups? Of course, but this is an energy/oil stock and the markets -- no matter if they're OTCBB, sub-penny or whatever -- are sensitive right now due to that issue with BP/Transocean and the Gulf oil spill. That's bound to have an effect even on the tiny of the tiny (in this case, VYGO). It's not all about that, but there's a component to it.

[Chunky Munky]

Tommy calm down. Just because they raised the A/S that much does not mean that they raised the O/S to match it.

Most of us already knew that they would have to raise the A/S and O/S to get rid of debt and to pay for the upcoming awareness.

If the A/S was raised in March, we hit .0125 without any assistance by the company at least once since then. Once the awareness comes along, they will start issuing the PRs we're waiting for and we'll be fine.

I stand by the fact that this is a real company with revenues and a gameplan.