Would Any of You Like to Know Why the Stock Keeps Going Down?...
On June 6th, the bank snuck in this SEC filing, a pre 14-A proxy statement. Real quiet like.
They're going to increase the amount of authorized shares from 50M to 550M.
NOTICE IS HEREBY GIVEN that the 2010 Annual Meeting of Shareholders (the “Annual Meeting”) of United Western Bancorp, Inc. (the “Company”), a Colorado corporation, will be held at United Western Bank, 700 17th Street, Suite 1200, Denver, Colorado 80202, on Friday, July 30, 2010 at 10:00 a.m., Mountain Daylight Time, for the following purposes: 1. to elect two (2) directors to serve until the Annual Meeting of Shareholders in the year 2013 or until their successors are duly elected and qualified; 2. to ratify the appointment by the Audit Committee of the Board of Directors of Crowe Horwath LLP as the Company’s independent registered public accounting firm for the 2010 calendar year; 3. to increase the number of authorized shares of common stock from 50 million to 550 million shares (the “Authorized Share Increase”); 4. to consider and act upon a proposal to approve amendments to the Company’s 1996 Employee Stock Purchase Plan to increase the number of shares of the Company’s common stock issuable under the plan from 400,000 to 800,000 shares; and 5. to transact any and all other business as may properly be brought before the meeting or any adjournment or postponement thereof. The Board of Directors has fixed the close of business on May 28, 2010 as the record date (the “Record Date”) for the determination of shareholders entitled to notice of and to vote at the Annual Meeting or any adjournment(s) thereof. Only shareholders of record at the close of business on the Record Date are entitled to notice of and to vote at the Annual Meeting. The stock transfer books will not be closed. A list of shareholders entitled to vote at the Annual Meeting will be available for examination by any shareholder for any purpose germane to the Annual Meeting for a period of ten days prior to the Annual Meeting at the Company’s principal offices at 700 17th Street, Denver, Colorado 80202. You are cordially invited to attend the Annual Meeting. Whether or not you expect to attend the Annual Meeting in person, however, you are urged to mark, sign, date, and mail the enclosed form of proxy promptly so that your shares of stock may be represented and voted in accordance with your wishes and in order that the presence of a quorum may be assured at the meeting.
I've been long gone out of this stock. Took my losses and kept it moving. But made up my losses two fold in the time since.
Incidentally, it would be really great if someone just beat the living f u c k out of you. I know I'll probably never be lucky enough to come across you in person and be in a position to have that personal pleasure. But maybe someone else will do it. I told you before, f@g - karma's real... and it's a b i t c h.
You'll get yours. In one form or another. Of that I am sure. And when you do? I hope you think back to this.