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pipeliner3

02/11/13 10:23 AM

#786 RE: fredugsi #785

That is one of the great questions of UGSI, and other non-filing companies.

I've asked before on this board whether anyone has any knowledge of the source of UGSI's revenues. For example, does it come from the manufacture of PVC pipe, does it come from the use by others of UGSI's fusible pipe technology, does it come from project oversight, does it come from royalties from patents, or does it simply (and maybe ONLY) come from selling new shares. You get the picture. I believe that investors can't really get a feel for the future of this company until they better understand where it makes it money. When we learn that, we can apply those revenue sources to the national and world economy to judge the general direction of UGSI's future revenues.

Operating expenses, etc, will come second, in my feeling. I want to know how they are generating cash.

Look, I hold a ton of this stock. I've said more than once on this board that from what I understand UGSI does, and looking at the worldwide need (not demand just yet) for those products and services, it surely has a bright future if the company is properly managed.

Just my opinion.