UPCA - Uniprime Capital Acceptance, Inc. Message Board

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Microcap & Penny Stocks : UPCA - Uniprime Capital Acceptance, Inc.

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To: Jeffrey S. Mitchell who wrote (625)	7/10/2000 7:08:16 PM
From: EL KABONG!!!	of 640

Jeff, It is not just the lies in the press releases investigators are looking at. It is who profited from the scam. Just as the government was about to halt trading on the stock, a number of investors cashed in, dumping their Uniprime shares at a high price, sending the stock into a free fall. It is what’s known as a pump-and-dump scheme. I wonder if this is a hint that the SEC will go after the so called "little guys" who profited by selling into their own touting posts. By "little guys", I mean the Internet posters that were touting this garbage even though they themselves were not insiders or owners of discounted shares or paid promoters. I'd like to call them unpaid promoters with self-serving interests. Another thing that comes to mind is that (if I remember correctly), UPCA was literally shut down by the state of Nevada because insiders were selling shares out of Uniprime's back door (I think those were the exact words, or else very close). To me, that means that insiders profited (albeit indirectly), even though Uniprime the corporation may itself may have been the actual seller. KJC

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