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STOCK_MOMO

05/20/10 5:04 PM

#3582 RE: MONEYMADE #3581

You think he would have max the auth. first before the reverse. Still watching to see the reason in all this.
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amadeus

05/20/10 8:58 PM

#3583 RE: MONEYMADE #3581

ok, but buy up what? there arent' any shares left to trade in the float. as I recall, even fully diluted, which I don't believe it was, it was 75m shares OS, which would make for 75,000 in the float. We were all guessing the total float was at most 5 to 10m shares presplit, which would mean 5 to 10,000 shares in the float post split.

seems like there is going to have to be some dilution to even get this to trade again..

after the last 1 for 1,000 reverse split, there can't be more than a few thousand shares left over from previous share structure.
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fatherofseven

05/21/10 1:38 PM

#3584 RE: MONEYMADE #3581

I'm remaining quiet because I'm absolutely disgusted with UCSO, Marc, management and Elite. Beyond this catastrophe, his/their reputation remains in the balance... I play in a similar arena, and I know this for sure. They deliberately misled, pretended to be representing specified intentions.... I gave them the trust their releases and background information requested... and they obliterated it. What more to say? The damage is far beyond those who invested and lost... it extends to their future. What they do with this information-- in interests of resurrecting any semblance of success... is up to them.