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Posted On: 08/14/2022 2:11:14 AM
Post# of 85913
Here is one example of the growth. All in my humble opinion.
Few have actually looked at the old Edgar filings AND read the footnotes on the financials. (Have you ever heard "the most important information is in the footnotes."
Also read the offering memorandum for going public on the top tier Nasdaq.
In the financials, footnotes, Doc, Univec, Inc bought PPSI in the late 90's if I remember correctly and it was loosing money. He later took PPSI and the syringe business out of Univec, Inc for payment of an $874,000 loan made from his HRI business to Univec, Inc. PPSI was still loosing money. He took them out just before he went dark. Completely legal, ethical and above board, Univec owed HRI the money and could not pay the loan.
Now to the point, do you think PPSI is STILL losing money after 25 years, give me a break, Doc did what he said he would, he "turned it around" and made it profitable, IMO. And IMO it has been growing every year I have owned the Univec, Inc. shell (legal shell). So I get the benefit of Doc's efforts when he merges the private companies into Univec, Inc. Yes I am betting he is going to do that and it was a million dollar bet at sixteen cents. I still own my shares because IMO, I know what I own.
Each to their own.
Few have actually looked at the old Edgar filings AND read the footnotes on the financials. (Have you ever heard "the most important information is in the footnotes."
Also read the offering memorandum for going public on the top tier Nasdaq. In the financials, footnotes, Doc, Univec, Inc bought PPSI in the late 90's if I remember correctly and it was loosing money. He later took PPSI and the syringe business out of Univec, Inc for payment of an $874,000 loan made from his HRI business to Univec, Inc. PPSI was still loosing money. He took them out just before he went dark. Completely legal, ethical and above board, Univec owed HRI the money and could not pay the loan.
Now to the point, do you think PPSI is STILL losing money after 25 years, give me a break, Doc did what he said he would, he "turned it around" and made it profitable, IMO. And IMO it has been growing every year I have owned the Univec, Inc. shell (legal shell). So I get the benefit of Doc's efforts when he merges the private companies into Univec, Inc. Yes I am betting he is going to do that and it was a million dollar bet at sixteen cents. I still own my shares because IMO, I know what I own.
Each to their own.
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