SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Universal Medical Sytems (UMSI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Laurens who wrote (1125)2/10/1998 2:11:00 PM
From: John Allen  Read Replies (1) of 1672
 
Good point. Depends on the deal. Considering the relatively low number of shares outstanding, UMSI would probably approve increasing the number of authorized shares since the company owns the majority of shares, and would do something like issuing Reg S shares like the rogues they are. Of course, we can't assume that UMSI owes anything, because shares were probably issued to get financing in the first place - I remember the outstanding shares were as low as 5 million at one time.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News