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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: Skaar who wrote (763)1/1/1998 8:34:00 PM
From: JPS  Read Replies (3) of 1672
 
Happy New Year Skaar
Could you please explain the legal ramifications of a company that continues to make press releases that are not quite true or 100% factual? For instance sales that didn't happen or funding that was not really in place, or acquisitions that didn't happen? Just wondering.
But back to UMSI again I raise the point how can they be cash poor with evidence of yet another $625,000. rolling in during July?
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