Universal Medical Sytems (UMSI) Message Board

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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: Laurens who wrote (1288)	3/12/1998 3:43:00 PM
From: GeneM	Read Replies (1) of 1672

To all: just got back from Daytona and read the sign on the door. It's just as Laurens stated: everything is being held by the landlord. My source told me this morning that the landlord is "intransigent; and, that the small financing package [if it bears fruition] will barely pay the back rent. It's my guess that the debenture holders are probably Baker and one of the other board members [probably took debentures in lieu of salaries]. From my perspective I think some body should check out this Global concern. If I'm not mistaken, there was a Global Financial that has been involved in a lot of penny stock scams recently; and, I wouldn't put anything past these guys at this point. The reverse split has chased me. I've had nothing but bad experiences with reverse splits [and God knows I've seen enough of them]. I'll try to stay on top of things from down here, for all your sakes; but, I'm out. It won't be the first wounds I've licked, and certainly won't be the last. Best of luck. GeneM

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