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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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United Protection Security Group Inc V.UZZ

Industrials Security & Protection Services


TSXV:UZZ - Post by User

United Protection Security Group Inc
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Comment by LoganCopper1on Dec 09, 2011 10:40am
107 Views
Post# 19307005

RE: Today's news release seems sketchy to me

RE: Today's news release seems sketchy to meTake away the personal guarantee, still, issuing 8M shares to Fredy is a good thing. The stock has traded at and around .05 for quite some time. As a result, the personal guarantee is just extra. UZZ has a reasonable amount of shares out and the company getting an additional $400,000 in the bank never would have hurt them.

What I dont get is this Investor22 - if Fredy is willing to buy 8M shares through a placement, why not put in big bids at .04, .045, .05 and .055 (say for 1M shares each) and start to act as a market maker? Im sure this has been done many times before with other junior companies...

GLTA!
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Dealroom for high-potential pre-IPO opportunities