The forward unit split will not affect any Unitholder's percentage interest in USBO.
For a further discussion about USBO and the risks associated with an investment in USBO, see USBO's Prospectus, which is available at www.
After the forward unit split, a Unitholder will own more USBO units, but each USBO unit will have an NAV that is two times lower than that of the pre-split USBO units.
How many units of USBO will be received as a result of the forward unit split?
Will the forward unit split be a taxable transaction for USBO Unitholders?
is presently preparing its 2003, 2004 and 2005 financials for the required audit as the next step in this process.
Over the past several months USBO has also initiated the formation / acquisition of an over-the-road (OTR) trucking company.
which will all operate under the USBO parent corporation.
USBO believes that the facet of quick pay creates another in-house profit center, while providing TLC with an excellent driver recruitment tool.
As a result of this effort and the company's on-going refinement process, USBO has developed a portfolio of products that are state-of-the-art in their ease of application, performance and shelf life.
USBO is striving to be the market leader in the bio-chemical sector of the above industries that are presently consuming several billion dollars in related products annually, as the agricultural chemical industry alone represents approximately $10 billion in annual sales.
The primary goal of USBO
is to be the market leader in the bio-chemical sector of the approximately $10 billion dollar annual agricultural chemical marketplace.