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The most obvious reverse takeover-EVER

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simcox1 - Sat, 17 Dec 05 :

It's probably stating the obvious, but if Akhter want to pick shares up cheaply, they effectively have no interest in UTN doing well. At least at the moment. It's really a conflict of interest. They have a huge influence on a company, whose share price they want to suppress. Maybe. Where's the incentive for UTN to pick up good contracts if Akhter would prefer they didn't? If Akhter do have plans for utn, I wish they'd get a move on and do whatever they plan. They must surely have close to 50% by now. Something like 100million shares.

This company shows a lot of promise but nothing so far has actually taken off. Why?

PS They're not going to get into the ftse100 selling electric bicycles.


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