Urban Television Network Corp. (URBT): Thank you for your reply can't believe i...

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JeffTee

Re: cantbelieveit post# 2214

Saturday, 01/02/2016 2:12:36 PM

Saturday, January 02, 2016 2:12:36 PM

Thank you for your reply can't believe it. To follow up on your point that the debts were incurred before the new management took over, well that does not invalidate or make the pain less for creditors. If a free pass is given to each new CEO, then companies would build up payables, fire the CEO, replace him with a new CEO, and the new CEO does not have to do anything with the debt or repay the debt of his predecessor?

That makes no sense. What makes sense is that the CEO knew of the debts, and did not disclose the debts to potential investors - which may be fraud. Please call the SEC and complain.

Please read the below SEC link:
http://www.sec.gov/news/pressrelease/2015-44.html

I feel sorry that you were scammed by the pumping of this stock by the CEO. I believe the stock is worthless. I believe he defrauded you and others, and to prevent this from happening to others, please report this to the SEC.