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zeninvestor32

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zeninvestor32

Re: hoby111 post# 8415

Friday, 08/20/2004 1:19:49 AM

Friday, August 20, 2004 1:19:49 AM

Post# of 45565
GOOD POST HOBY111

I agree 100% with your interpretations. ASSUMING, the London company debuts on time and has enough liquidity and interest to absorb UCAD selling shares, then this COULD work out well for UCAD. Something of note would be other companies that have recently structured deals with this London Company seem to also have this 50% available on debuting condition as well.

See http://sec.gov/Archives/edgar/data/1102217/000113543204000151/galaxymineralsbody8k15jul04.htm

If all the companies they sign up with suddenly have 50% available, there could be a BOATLOAD of dumping in this first week. I guess the big question will be how well structured the IPO is in terms of absorbing shares entering the market. If Langley's investment bank sponsoring them (or whoever it is they use in London) does a solid job of prepping the market for their IPO, then perhaps these shares will be absorbed readily. Let's not forget the possibility that shares of Langley when debuting could go UP and prove a windfall to UCAD. I'm sure it will be no Google debut, but we just don't know how the IPO process will go there and what the market may think yet. Should be interesting to at least follow. Thanks for the post.

Z

As always, these are my personal opinions.

Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.

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