Thursday, December 30, 2010

UWRL - No Bones About It


It took a long time, but finally UWRL is not Caveat Emptor at Pink Sheets. This was a sizeable hurdle for this stock as it scared away investors. We've been waiting since the summer for this big event and hopefully it will be well worth it.

I would say in general, absent any additional news UWRL should see a nice pop tomorrow and into the New Year just based on this new development. Although it took a very long time, it shows investors that management is serious about adding value to the shares. At $.0006 they really could have just abandoned ship and left things as they were, but instead by getting the ship righted they have signalled their desire to get the price per share of UWRL back where it belongs.

I have viewed UWRL as a potentially $.006 or better stock, and if the company can continue to follow through on its promises I do no think that is out of the realm of possibility.

Either way today's skull and bones removal is great news for UWRL and its shareholders.

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