UniDyn Stock position
Please don't get too upset with me. I was asked to provide information regarding this link. I am Ira Gentry President and CEO of UniDyn Corp NASD BB "UNDY"
1) The Float are shares in the market "free treading"
UniDyn had 8,000,000 shares in the float Jan 98
This year some of the restricted shares are being registered as free trading. This registration is filed with the SEC, and is automatically reported as insider shares. However, none of the shares being registered are from officers, directors, employees etc. They are people that got 144 shares back in DEC 1997 when we reversed mergered. They may not even been sold. But by removing the registration, they can be put into the shareholders account at their brokerage house. So I estimate maybe 9,000,000 are now in the float.
Mearns, Technet, Universal are not in the float, and are restricted.
The purposed of this is to slowly provide freetrading shares into the market.
CONTROL
We control the company through Universal that had 8,000,000 and Mearns that has 14,500,000. I vote MOST ALL THESE SHARES...
You might think of this as the new way to control things without them being in your own name. It adds a level of protection..
SUMMARY
8,000,000 shares in the float, with perhaps 1,000,000 more being registered from previous shell people that may or may not being sold.
Thanks
Ira |
