Kabe Exploration, Inc. (fka KABX)

[Renee]

KABX registration revoked:

https://www.sec.gov/litigation/opinions/2019/34-86170.pdf

[pennystock_es]

Now there is Ask and Bid 0.0001 x 0.0002 ?

[AISI304]

KABX revocation order still pending (from Dec. 2018).
Maybe a party working to pick up the ticker. Doubt it.
Ulsteen tarnished it so bad. Stranger things happen.

[AISI304]

The KABX ticker would be recycled by FINRA. Maybe "Kansas American Boxes" or such could go public?
Hate to waste a good ticker due to Ulsteen. Maybe the carton-maker could hire Ulsteen as a janitor? Lol!

[AISI304]

Thank you, pennystock_es. Ex-CEO Ulsteen killed off KABX.

Just waiting for FINRA to wipe the ticker. GL to you forward.

[AISI304]

KABX. Revoked for non-compliance. Death by SEC. RIP.

[pennystock_es]

Administrative Proceeding File No. 3-18735

https://www.sec.gov/litigation/apdocuments/ap-3-18735.xml

[pennystock_es]

$KABX Kabe Exploration Inc SHELL? Who bought it?

he believed that the SEC had written off

[AISI304]

Is someone bought this shell, it'd probably move. Ticker KABX is of no use to anyone at this point.

[pennystock_es]

let's hope ... what is clear is that the O / S was very small, I do not understand why the exlcluyen ...

Is there time for someone to regain control?

[AISI304]

Basically goes back to the FINRA recycling bin.
It could be “King of America Bitcoin eXchange”
or some other public company using the letters
after it sits idle for an esrablished period of time.
Kabe Exploration and ex-con Ulsteen are done.

[Renee]

Your own Broker likely has Level 2 for retail clients so you're best to stick with them. If you go to your account you will see there is no bid or ask for KABX, no need for level 2 for that stock since the SEC forbids any quotations for previously suspended stocks.

[pennystock_es]

Thanks for the clarification, a question you can recommend a free L2?

Thank you

[Renee]

There are no bid or ask quotations on any previously suspended Grey Market stocks. I-HUB does not have a Grey Market section so the quotes that appear are the quotes that existed prior to the SEC Suspension.

To confirm check Level 2, one's Broker, or OTC Markets to see that there are no quotations.

[pennystock_es]

There seems to be Ask and Bid? Is possible ?

[pennystock_es]

$KABX today quotes?

[Renee]

I should clarify my previous post. Kabe Exploration Inc. can still operate as a company if they have legitimate operations but the company would be a private company with no public stock. Shareholders would be at the mercy of the company inthat shareholders would still retain their shares, just no ticker to publicly trade them, and the company could essentially do whatever they want to the shares.

[Renee]

Yes, Kabe Exploration Inc.'s stock registration(s) will be revoked whenever the SEC Admin Law Judge renders a ruling. The ticker KABX will no longer exist on that day.

[pennystock_es]

Ok then KABX will be revoked deleted ?

THANKS FRIEND

[Renee]

In the last 9 years the SEC Admin Law Judges have revoked the stock registrations of every SEC Registered company that had been suspended by the SEC for delinquent Financials.

To learn more about the outcomes:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145804334

[pennystock_es]

Hi Renee, Is it irrevocable?

thanks

[AISI304]

Kabe needs to post a “For Sale” sign, noting “Cheap shell to a good home”!

Nothing ol’ Ulsteen can do with it now. Maybe a hemp start-up could buy it?

[AISI304]

KABE’s just a shell waiting to be bought.

[pennystock_es]

News?

[AISI304]

Looks like Ulsteen’s folly KABX is finally dead.

[AISI304]

Stinky KABX in .0000999’s is one ugly POS!
Time for whoever’s running it to sell the shell.
It def. can’t be it’s Ex-CEO and felon Ulsteen.

[AISI304]

Glad I flipped KABX while it was traded and exited clean. When CEO Erik Ulsteen got jailed, the musical chairs stopped. SEC suspended its trading and the lights went out. Just can't see when/if shell was dissolved/revoked.

[AISI304]

If KABX is a shell, Ulsteen isn't attached in any way. The dude is out of jail now, but probably banned from anything having to do with securities. Guy torched that bridge, for sure. Messed up bad.

CEO Erik Ulsteen sentenced to 46 months !

Full docket text for document 43:
Minute Entry for proceedings held before Judge M. James Lorenz: Sentence With PSR Hearing held on 8/21/2014 for Svein Erik Ulsteen (1). Count(s) 3 of the Information, Dft committed to the BOP for a term of 46 months to run concurrent with sentence in 14cr0924-L, Supervised Release for 3 years to run concurrent with supervised release in 14cr0924-L. No fine, Assessment $100, Appeal rights waived. Restitution Hearing set for 12/11/2014 at 10:30 AM in Courtroom 5B before Judge M. James Lorenz. Govt submission is due by 11/6/2014 and Dft response due by 11/20/2014. Govt oral motion to dismiss remaining counts 1-2 and 4-6 Granted. (Court Reporter/ECR Juliet Eichenlaub). (Plaintiff Attorney Eric Beste, AUSA). (Defendant Attorney Knut Johnson, RET). (no document attached) (ecs)

Full docket text for document 44:
NOTICE OF HEARING as to Defendant Svein Erik Ulsteen. Upon Joint request of counsel, Status Hearing set for 9/11/2014 at 10:30 AM in Courtroom 5B before Judge M. James Lorenz. (no document attached) (ecs)

[AISI304]

It has an OTCMarkets presence, an ugly one. KABX suspended from trading at least for now. Maybe a company needs a reverse merger shell. Pretty sure whoever has oversight would sell it. The thing is pretty much cursed under Ulsteen.

[AISI304]

Wonder if someone will pick up KABX's shell? Felon CEO Ulsteen ran KABX into the ground. Probably weren't any assets given his history.

[Renee]

KABX: as warned, SEC Suspension for severely delinquent Financials/Filings:

https://www.sec.gov/litigation/suspensions/2018/34-84068.pdf

Order:

https://www.sec.gov/litigation/suspensions/2018/34-84068-o.pdf

Admin. Proceeding:

https://www.sec.gov/litigation/admin/2018/34-84067.pdf

[Value_Investor]

Warning to all KABX shareholders! KABX is on very dangerous "Delinquent SEC Reporting" status (see the first link below)! Why the FINRA has not Suspended it and downgraded it to the OTC Grey Sheet market yet while its Same "Delinquent SEC Reporting" OTC Non-Reporting Pink Sheet peer (URBF) was already suspended on May 22 and URBF was already downgraded and is traded on the OTC Grey Sheet market now?

In fact, KABX has not filed any financial reports to SEC for Five Years which is much much worse than its peer URBF! Why the SEC/FINRA suspended the Two years "Delinquent SEC Reporting" URBF but the Five Years "Delinquent SEC Reporting" KABX? That is an huge risk with KABX! Selling at 0.0001 is much much better than selling at ZERO anyway!

What are the current OS count and float count here since the AS is 2.25B or 2,250,000,000 shares? I bet 1.5 ~ 1.2B shares OS and float v.s. URBF only has 151M/161M/350M shares FIXED Tiny float/OS/AS at the New Bottom 0.0001 (its previous Bottom was 0.0004)!

https://www.otcmarkets.com/stock/KABX/profile

https://www.otcmarkets.com/stock/URBF/profile

[pennystock_es]

Close 2 ??

[pennystock_es]

Opinion of $KABX ?

https://www.profitspi.com/stock/view.aspx?v=stock-chart&uv=110794&p=KABX#&&vs=636600776236791954

[kex0414]

I'm very glad to see my account Up over $6K today due to my 60M+ shares of KABX with $0.0001 cost base! Anyone who ever followed my "Buy" suggestion at 0.0001 should be Up 100% as well! It seems an no-brainier

back down to .0001. Ooooops...no gains here.

I get the strategy now. Buy and hold, then sell for what you paid...or eat the loss 'cause it aint going up.

[kex0414]

Just so I understand. If I'm reading this right, you haven't sold any KABX you are only reporting that KABX rose from .0001 to .0002.

[Value_Investor]

I'm very glad to see my account Up over $6K today due to my 60M+ shares of KABX with $0.0001 cost base! Anyone who ever followed my "Buy" suggestion at 0.0001 should be Up 100% as well! It seems an no-brainier "buy" at 0.0001 since the AS is only 2.25B shares. So the maximal Market Value of KABX at $0.0002 is just $250K! We might not see 0.0007 again but 0.0003 will be hit again for sure in 2018...

[Value_Investor]

I'm proud of owning 60M+ shares of KABX which is ready to bounce back to 0.0007 (see the chart from the link below) again! Its OS is estimated at 1.5B ~ 2B shares since the AS is 2.25B shares.

As I can tell no more Giant Diluting Sell-Off at 0.0001 from very sick Diluting Market-Maker (VNDM)!

The majority of Non-Reporting OTC stocks (such as the FIXED-Small-SS peer AFTC: Zero Dilution for Seven Years or since 2010) have the FIXED-SS and they Never diluted A Single share which is very true and that is why I prefer to invest into those Non-Reporting OTC stocks! However the OS of KABX was diluted to over 600M shares now from just 452M shares in August. Anyway KABX did 7-Bagger Huge Rally in August v.s. its peer (AFTC) had only bounced 5-Bagger so far with only 592M shares FIXED Small OS. KABX has 2.25B shares Huge AS v.s. AFTC has 1.5B shares FIXED Small AS.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135944017

[kex0414]

81 million on the Ask with VNDM, a known diluter hiding behind 10K on the Ask is thin?

[Value_Investor]

I added over 50M shares of this hidden gem! 0.0002s are very thin now!

[kex0414]

-0- volume. You can put lipstick on a pig, but it's still a pig.

[Value_Investor]

LOL, how about yesterday's huge trading volume? Is there any diluting MM still with KABX now?

[Rainer]

hopefully group push

[PennyStocksGuru]

Massive volume.

[Value_Investor]

119M+ shares of Huge Slapping volumes so far! The 0.0002s are dramatically reduced from near 200M shares to the current only 77M shares!

[pennystock_es]

Tic tac ... Go $KABX

[Value_Investor]

KABX is on fire today! Only 9.88M shares (worthy Mere $988) left at the Dirt Cheap 0.0001 now! Those Big Real investors and Strong Hands have already bought 110M+ shares so far...

The OS is at most 1.5B shares based on the most recent diluting volumes v.s. the AS is just 2.25B or 2,250,000,000 shares!

[Value_Investor]

Huge buying pressures for KABX today! I bet the tax-loss sellers are all forced out at the Lowest-Possible Bottom price 0.0001 now! Now only some weak hands are still selling a few millions of dirt cheap shares at 0.0001!

KABX is on fire today with 100M+ shares of Huge Slapping volumes! It has only about 1B shares Low OS! KABX had already bounced 7-Bagger from 0.0001 to 0.0007 in August of 2017!

[kex0414]

Re:

I believe at least 500M shares of KABX were owned at the cost $0.0007 ~ $0.0002 or above! So any shares at $0.0001 are at 86% ~ 50% Huge Discount!

Or more likely, someone seriously overpaid at .0002 ~ .0007

[Value_Investor]

Currently my cash are almost used up for the other stocks. Otherwise I would place an huge buying order 100M shares at least to buy up to 500M shares at the Lowest-Possible Bottom price 0.0001. Anyway I'm still owning 10M shares of KABX with the cost between 0.0002 and 0.0001. I believe at least 500M shares of KABX were owned at the cost $0.0007 ~ $0.0002 or above! So any shares we purchase at $0.0001 are at 86% ~ 50% Huge Discount! Where a USA investor could find such huge investment opportunity with so low cost but such high gain?