Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Ultrasis – another AIM litany of woe

By Steve Moore

12 December 2014 05:27

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Having sunk to 0.055p after stating that “if the company is not able to raise additional funds by early January 2015, then the board will have to consider whether or not the company can continue to trade beyond this time”, shares in Ultrasis plc (ULT) currently trade at 0.14p – capitalising the company at £2.5 million – on the back of an announcement that financing “discussions remain ongoing”, though that “there can be absolutely no certainty that an agreement can be reached”. If they are not this is 0p. If there is a refinancing it will be at 0.05p. Why anyone is buying defies belief. The following details the, err ‘not exactly promising’, track record here…

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Comments

wildrides

12 December 2014, 14:31

Well Steve dear boy ………… I would have thought it would be obvious to a man of your undeniable intellect . This company provides therapy for mental health and well being . If your not already mad as a fruit cake when you bought the share …….. then you soon fucking will be . Thus providing the company with a never ending supply of mental shareholders soon to be converted into latent product demand requiring CBT or beat the blues
sessions .
Now where are my meds ………… time for a lie down .