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Ryan Industries

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Ryan Industries

Re: PENNIEStoSTACKS post# 533

Wednesday, 07/12/2006 7:52:19 PM

Wednesday, July 12, 2006 7:52:19 PM

Post# of 169273
goingup - UCC is even weirder than the bond.

"The Uniform Commercial Code (UCC) financing statements record and protect a secured party's interest in the collateral offered by a debtor for a loan. The UCC system gives public notice of the debtor-secured party relationship and the collateral involved. "

so .. someone owes CVSU $300M and the huge $300M UCC asset
is really just an IOU for a loan?

on top of that, we have the VEZD bond with a B2 ranking and no transactions since march.

i honestly think the stock will spike -- but this all seems very.. universal express-ish..

kinda shady.

keep in mind -- hardly any cash, and no income. if you're to be balanced and focus on their assets (which i debate may or may not be of any value) - you need to focus on their cash flow too .. which is zero.

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