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Lol, If its a well run company, money talks!
Not sure, sold a while ago because I found out the main guy is a democrat
MBOT
Got any idea when that could be coming?
I did some research on new President of MTWD Shawn Phillips.
Could get this stock noticed.
"Shawn Phillips is an internationally respected strength and fitness expert who has helped athletes, celebrities, and tens of thousands of others over the past twenty years."
https://www.amazon.com/Strength-Life-Fitness-Plan-Rest/dp/0345498461
Did anyone try to get a hold of him?
Nope, it's just a wait and see, we can try to contact Shawn Phillips, I'm sure he would know something.
MBOT
Do we have a time frame?
filings and name change still to come, it's still early
MBOT
I still don't see much activity. Hopefully we a uptick at some point.
I'm still researching this space. Looks very promising.
I noticed Shawn Phillips is on the board of directors. He was the co-creator of EAS Nutrition along with his brother Bill Phillips.
Keith Thomas of EST Nutrition with a solid reputation in the space as well. Both veterans essentially of the industry. Could be a strong duo.......a sleeper. I would keep an eye on this.
https://ih.advfn.com/stock-market/USOTC/metwood-inc-pn-MTWD/stock-news/80310036/current-report-filing-8-k
MTWD .51 up, volume coming in slowly
We shall see....on the top of one of my watch lists.
To show bid set limit orders GTC
If you set limit orders as Good to Cancel (GTC) the market makers usually will show it on level 2, and you would become best bid on bid/ask
https://www.otcmarkets.com/stock/mtwd/overview
Looks like only few thousand shares @ .20, then .22...then .40s
Bid moving up
Nice jump in stock
https://www.otcmarkets.com/stock/mtwd/overview
Bid/Ask: .14 x 20
If this thing has less then 4 million shares in public float, and new President Shawn Phillips has that much of a following, this could easily spike to .50 to maybe even 1.00+ if his followers come in.
Like to know what or if their supplement business has clients and operations. I think that may be what market waiting for, but with this guy as President may be worth grabbing some shares under .25 now and hold to see what unfolds.
This thing could move like wind, and with known figure behind the company this could go quick.
MTWD
This space is growing faster than I thought.
Shopify launches CBD platform in US
This could be big for US CBD market as other platforms may follow their lead
Shopify, Already in Canadian Pot, Starts U.S. CBD Platform
By Kristine Owram
September 17, 2019, 7:00 AM EDT
https://www.bloomberg.com/news/articles/2019-09-17/shopify-already-in-canadian-pot-starts-u-s-cbd-platform
....just something to watch as could give dump to already over sold CBD sector
Float only 3.7 million, that's it!!!
Float under 4 million this thing could explode once it gets going
https://www.otcmarkets.com/stock/mtwd/security
Will keep an eye on this one.
Saw the 8k with this a while back, sounds interesting. Been doing some research. This space is growing rapidly.
Here is their website: http://emergenutraceuticals.com/
Looks like merger deal here
Item 1.01. Entry into a Material Definitive Agreement.
On June 29, 2019 Metwood, Inc. (the “Company”) entered into an agreement to sell the control block of fifteen (5,000,000) million common shares of the Company to Emerge Nutraceuticals, Inc., a Florida Corporation for 500 common stock of Emerge Nutraceuticals and three hundred thousand dollars ($300,000). At the same time an agreement was entered into to sell all the assets of Metwood, Inc, a Virginia corporation to Cahas Mountain Properties, LLC, a Virginia limited liability company, the consideration for this sale is Nine million four hundred thousand (9,400,000) shares of common stock of the “Company”.
More filings hit today, won't be long until current ay OTCM,
court case dismissed, change of control coming per latest 10 Q
NOTE 8 - SUBSEQUENT EVENTS
A contract that will eventually change control of the company was entered into on October 11, 2018 and is planned to close within the first quarter of calendar year 2019.
https://www.otcmarkets.com/filing/html?id=13445273&guid=tdJyUH2NCXJus3h …
Metwood files 10Q...still stringing investors along with the GEG agreement...
Metwood files an amended annual report...
Whether it was to confirm their lack of interest in partnering with UBRG or for some other reason, I found it odd they would put that first but its exactly the same. Have to see what their quarterly says since the second quarter expressed an interest in ongoing negotiations. They need to file a 13D or 15D to say they are not going to complete that agreement. But once again Metwood is assisting Ali in keeping shareholders in the dark. Something maybe the SEC needs to investigate. File the form Metwood!!!
Who knows. They backed out of an agreement with UBRG recently. Cost that company some credibility. Then said they are reconsidering. Their state license is in default and like UBRG simply said...we didn't know. They had a small profit in the last report but it was really small. It's not a good investment in its current state IMO.
It is. IHUB is incorrect.
I just saw it was up by 0.36. It really caught my attention.
Would be nice to see an 8k releasing news about their involvement in GEG and as majority shareholder of UBRG. Let's hope a change in the Management Team is on the horizon.
I'm curious to read the financials to see if they explain the reason for getting back in.
Spoke too soon. MTWD just hopped back on pop. Ck out the latest 13D filing.
MTWD regrets ever having met Vince and Ali.
jmo
I noticed the price went back up once they got their name dissociated with UBRG. Smart move. They should never have been involved with that scam stock to begin with.
The SCAM started here yet??... sniff sniff..
Another FLUFF PR that did not come to fruition.
UBRG has Many of these failed deals./b]
jmo
ubrg and metwood = Universal Bioenergy's NDR Energy Group Signs MOA With JSG Solar, Announces Plans to Build $167 Million Solar Power Farm
IRVINE, Jun 03, 2013 (GLOBE NEWSWIRE via COMTEX) -- Universal Bioenergy Inc., (otcqb:UBRG), a publicly traded independent diversified energy company, that markets and distributes natural gas, electricity, petroleum and coal, announced that its subsidiary, NDR Energy Group, has signed a Memorandum of Agreement (MOA) with JSG Solar Inc., to build a solar power farm in eastern North Carolina, USA. The estimated cost to build the facility is $167 million. The project is projected to generate an estimated $301 million in revenues over 25 years.
The solar power facility would be owned by NDR Energy Group, which would make NDR an electric power producer. The solar facility would be built on approximately 425 acres of land and generate 80-100MW (megawatts) of electricity for sale to electric public utilities in the North Carolina service area. The estimated annual electricity production is 143.9 million kilowatt hours (kWh).
JSG Solar, Inc., is a comprehensive solar integrator providing engineering, design and installation services for solar PV and thermal systems. Prior to entering into the MOA, NDR Energy initiated discussions with a large North Carolina utility to sell to them the electric power generated from the facility via a 25 year term Power Purchase Agreement (PPA). NDR plans to execute the required regulatory filings, including the CPCN filing, in the near future.
That's truly some crazy stuff earnest. :)
"Nicole deleted the tweet where she mentioned Solomon and the kids in July 2012".
From another poster.
jmo
Wow ... "just found both Nicole and Ali on Twitter. She is his girlfriend. So his girlfriend owns 1.5bil shares of UBRG."
From another poster.
jmo
The transaction of questionable legality involves REVO, Wilma.
The Rainco-GEG-Metwood transaction is not illegal. That transaction involved Metwood buying the debt of UBRG. And, as you say, Metwood is a 'third-party' buying UBRG debt. The deal could be presented as being an arm's length transaction.
By comparison, my scenario is that the Rainco-Greenwood-REVO transaction involved REVO buying its own debt when it bought Greenwood. If that scenario is correct then there is no third-party involved. And the deal is of questionable legality.
The parties involved in the REVO deal are all linked by their direct connection to Solomon Ali. He is a director of REVO; he remains connected to Rainco; and Greenwood is a Rainco spin-off.
The idea that Solomon Ali no longer directs the activities of Rainco is absurd, particularly when various SEC filings show that he and Nicole Singletary share the same residential address in North Carolina. Ms Singletary, you will recall, is reported as the key executive in Rainco, Greenwood and GEG.
krysti, I agree with everything in your other post except that I believe the document that Linc found was instrumental in revealing Rainco and not my findings. It pointed to Earnest Delong and the previous deal with Greenwood Financial and is what forced them to reveal Rainco's part in all of this.
I have said the same thing as to why Revo would buy a financial company when they had 8mil in losses as of Dec 2012 and absolutely no money to lend anyone.
If Shawn knew about GEG then why cancel the deal now. I understand they wanted to use it to uplist but they are no closer to uplisting now than they were before this was revealed. What's the difference...especially if it blows apart the deal...that they were aware of in the first place. Seems ridiculous.
In terms of it being illegal, Rainco provided them the means to remove 3.2mil in notes from the financials which could have been done by any other financing company who could have then converted them to the same amount of shares. Why would what they did be illegal when it could have happened with a financing firm?
Rainco wanted to stay out of the picture.
The problem for Rainco was that GEG is an LLC. Therefore, the deal between GEG and Metwood had to be concluded with the LLC Members.
Ali was forced to reveal Rainco's role, wilma.
The pressure came on three fronts:
1. Your discovery of the Metwood filing.
2. Linc's discovery that DeLong had incorporated GEG in Georgia.
3. The fact that, despite Ali issuing misleading PRs, DeLong has ensured that UBRG always files accurate statements in the 10-Q
The GEG (UK) Ruse
I don't think it was ever intended to develop a ruse that GEG was the company in Inverness. The clues given about GEG (being a London-based holding/investment company) didn't point to the GEG of Inverness, Scotland.
The fiction of the Scottish company only developed because you put it to Shawn, and he went along with it.
The original intention was merely to leave the company's identity obscured. And leave shareholders guessing.
Why would Metwod buy GEG (UK)
There never was a valid reason why Metwood would buy GEG (UK) for its fabrication business. Similarly, there was no commercial reason why GEG would buy Metwood for its patents.
Why would Metwood buy UBRG
There is no commercial reason for Metwood acquiring UBRG. Neither company benefits from the deal. Metwood doesn't have the money that UBRG needs to finance operations. And UBRG doesn't have the profits that Metwood needs to uplist.
When you have a hammer everything resembles a nail
Ali and DeLong are repeating what they've done before.
When they did this scheme previously they had REVO become the 'parent' of Greenwood. That was a financial holding company that they spun off from Rainco. There's no reason why a patent and technology company would buy a financial company.
They repeated this with Metwood becoming the 'parent' of GEG (a financial holding company). UBRG was acquired as collateral baggage held by GEG. There's no reason why a residential construction company would buy an energy marketing company.
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