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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: John Allen who wrote (1088)1/30/1998 7:33:00 PM
From: Laurens   of 1672
 
They did not get the 5 million the second time
they went to Select.
The deal that was then cooked between UMSI management and Select was also
not advantageous for UMSI, and I understand
they got much less than half a mil.
BTW: Select is a "suspect" group when looking at their records as Select and other name(s). You must be desperate to go for a deal with them. And extremely desperate to go there
twice.

CEO Baker was grieving about this deal when
Gene from this NG spoke to him last year(see
Gene's posts december 87).

Are you a stockholder too? If so,my sympathy.
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