I tried to get in touch with UXA management but no return call. This was always a small investment for me but I feel sorry for those who invested big money in this one. Management IMO are some of the worst I have seen, firstly they have too many cheifs and they have done nothing to cut costs the past few years, instead they hired more chiefs?
They spend more money "trying" to grow GAA because they say it doing well but now we see its actually going to be sold for peanuts?
Its obvious to all of us on HC that knowbody will invest more in UXA until we get some cost cutting and good decisions. Oh well, I still think we have a chance to survive but we need a better management fast IMO....How can they continue to spend when there is no cash is my Issue? I am sure they would be doing things allot different if they owned a big percentage of shares...
This was high risk so I accept my fate on this one...bring on trading and lets try move fwd....
MANAGEMENT TRY TO GET FINANCIALS DONE IN TIME-BLOODY DISGRACE-CUT SOME DAMN COSTS-SURELY YOU HAVE SOME BRAINS TO GET THOSE POSITIONS........
UXA Price at posting:
0.2¢ Sentiment: None Disclosure: Held
