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Microcap & Penny Stocks : Universal Medical Sytems (UMSI) -- Ignore unavailable to you. Want to Upgrade?


To: HG who wrote (1296)3/13/1998 5:18:00 AM
From: Sylvain C.  Read Replies (1) | Respond to of 1672
 
Well, at least it looks like the co has a chance to survive. I also read on this thread that bad news is better than no news at all.
I personally don't like the reverse split idea but it is better than keeping the shop closed!
I decided to get back in today at 0.04. They will get the 1 mil. The question is: will they make good use of it and get the required further financing from Select. Will the Taiwan investors get in?
Good question... but buying now with a good chance the co will survive is certainly better than buying last week when we did not have any idea of what was going to happen.

It is obviously a speculative investment. Good luck to you all!