why do companies go public?
to raise money for expanding and developing and financing growth
where does the money come from?
well, the company breaks itself off into these things called shares, you sell them on what is called the stock market.
how do you sell shares of your company if no one has any idea you exist?
well, you dont.
so, how can you let people know about your company?
ADVERTISING.
and seriously, you think UTOG is gonna mess up on their 10q? you think they would go through all this crap, and just fail big time on their filings?
im pretty sure they know better than anyone on this board that all their books need to be straight, they are clearly being watched.
the company is producing oil now, through promotion of stock they raised money and didnt make off like bandits, they reinvested in the company and now they HIT OIL AND ARE GOING TO PRODUCE AND SELL IT. this is what REAL COMPANIES DO. not a p&d. who the hell spends this much time trying to get a p&d off the ground??? shouldnt this thing be over by now? that same false accusations has been used for 3 months now, i mean, when does it end?
they will come back to the bulletin board, even though that is supposed to "never happen" and they will start getting revenue and keep moving up and forward with their great assets.
ive been behind this company and its paid off, we hit a snag with the SEC trying to help out the short position, but they cant short it as well on the greys. i think the shorters want this thing back trading as well cause they are having a hard time covering.
we will see what develops over the next few days.
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