re: Ann: Financial Statements for the year en...
Good evening all.
Thanks for the pertinent thoughts from shareholders today. I posted this time last year that I thought a half cent divvy financed by the interest on cash in bank would be a good idea. You know, to placate the long suffering, long term holders and to send a message to the market that the Board had confidence in the future prospects of this company. But we made a loss so it wasn't to be. Unless whatever this upcoming takeover/merger is going to cost requires every last cent to be kept in the kitty, I don't understand how a lazy 2.5 mill. would have been such a big deal versus the good will it would have generated!
Now on another point, if I were the Chair of UML's Board (Hello Mr. McCarthy), I would be very alert to any LOW BALL potential takeover attempt by any company that has LION and/or GOLD in its name!!
Finally, as far as our major shareholders are concerned, I'm glad that they hold less than 20% between them and I suspect that the OTRF bought theirs many years ago, put them in a bottom drawer and promptly forgot about them!!!
Anyway, for better or for worse we are in for an interesting time from now until the new year.
Good luck to all shareholders. Audacious.
UML Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held