[willlbone]

New symbol BLAH ?

[stockanalyze]

omg, just checked in after long time. they decimated shareholders over and over again with reverse splits and can't get back to even a buck when marijuana is scheduled. imminent banruptcy imo.

[Magnum7419]

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



FORM 15



CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934



Commission File Number: 000-54258



Unrivaled Brands, Inc.

(Exact name of registrant as specified in its charter)




3242 S. Halladay St., Suite 202

Santa Ana, California

[phone]

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)



Common Stock, par value $0.001

(Title of each class of securities covered by this Form)



None

(Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)



Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:



Rule 12g-4(a)(1)

?

Rule 12g-4(a)(2)

?

Rule 12h-3(b)(1)(i)

?

Rule 12h-3(b)(1)(ii)

?

Rule 15d-6

?

Rule 15d-22(b)

?




Approximate number of holders of record as of the certification or notice date: One









Pursuant to the requirements of the Securities Exchange Act of 1934, Unrivaled Brands, Inc. has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.









Unrivaled Brands, Inc.









Date: January 16, 2024

By:

/s/ Sabas Carrillo





Name:

Sabas Carrillo





Title:

Chief Executive Officer







2

[Magnum7419]

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DATE FORM DESCRIPTION PDF XBRL PAGES
01/16/24 15-12G
Notice of termination of registration of a class of securities under Section 12(g)
PDF

[Magnum7419]

hey there long time no see. I still admire Derek........lol
https://www.redfin.com/CA/Laguna-Beach/38-Lagunita-Dr-92651/home/4935484

"LAST SOLD ON FEB 1, 2021 FOR $5,450,000"

versus

Terra Tech Corp (TRTC)
0.2738 +0.0012 (+0.44%) 07/07/21 [OTC US]
QUOTE OVERVIEW for Wed, Jul 7th, 2021Help
https://www.barchart.com/stocks/quotes/TRTC/interactive-chart

[Randyfloyd420]

That sh*t should be illegal.

[Renee]

Effective Feb. 12,2024 UNRVD will change to BLMH:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Randyfloyd420]

Hope the owners of this company d** slowly

[Renee]

UNRV: effective Jan. 16,2024 Unrivaled Brands Inc. will change to Blum Holdings Inc and a one for 100 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[stockanalyze]

time to launch a massive social campaign to help gullible investors to get sucked in

[ThomasAn]

History of dilution from this company:
(How shares outstanding changed over time)

2017 03: 574303117 (TRTC) -> Market cap = $2,354,642,779 (share price 2017.03.24 = $4.10)
2018 03: 65319183 (TRTC) -> after 1:15 reverse split. Market cap = $261,276,732 (share price 2023.03.08 $4.00)

2020 11: 194704163 (TRTC)
2021 03: 234062627 (TRTC) + 39358464
2021 05: 236190148 (TRTC) + 2127521
2021 08: 242411734 (UNRV) + 6221586
2021 11: 445293039 (UNRV) [phone]
2022 03: 527729921 (UNRV) + 82436882
2022 05: 530331383 (UNRV) + 2601462
2022 08: 530456383 (UNRV) + 125000
2022 11: 563589795 (UNRV) + 33133412
2023 04: 693386374 (UNRV) [phone]
2023 05: 691886374 (UNRV) - 1500000
2023 08: 772483465 (UNRV) + 80597091

Note: Reverse splits by themselves may not be a big deal, but they become a huge deal when a company has demonstrated being trigger-happy in issuing new shares and using the shareholders as an ATM machine.

[ThomasAn]

Decided to move what was left of my position here to another place. Them keeping the authorized shares at 990M is an expression of complete disrespect for my presence as a shareholder.

[stockanalyze]

this is toast. 1:100 reverse split meaning this has to go at least to $8.00 as its highest. impossible. history repeats. reverse split, issue gazilion more shares to themselves. 96% votes were in favor meaning 96% are insiders who got them free. bad.

[stockanalyze]

say no to each question. if there is a space to write comments say ' fraud, fraud fraud, file bankruptcy and get done with it, no reverse split and no issuing of zillion more shares to yourself. the ceo took so much money in consulting fee that is equivalent to 160 million shares at these prices. sad"

[ThomasAn]

There's a website on that mail.
They want to do a reverse split 1:100 so your shares are washed out (the entire OS will be reduced to 7M) and they keep the authorized shares to 990M so they have maximum room for dilution.
https://westcoaststocktransfer.com/PROXY-UNRV/

[looking 4 a win]

I got a notice to vote on annual meeting in the mail but it doesn’t say what for?

[kevindenver]

Yep, but nothing illegal about shitty management.
I told everyone the equity value in $TRTC equity was worthless and it's the same story with $UNRV.

[stockanalyze]

getting $1.6 million in consulting fee in 9 months as a ceo of a dying company is a no no. he essentially bought 160 million shares to himself at $0.01. sick. imagine if they spend that money on buying back, the cost of capital would have been so low.
i suspect, their intention is to reverse split and then issue gazilion shares to themselves.

[stockanalyze]

with the consulting fee that ceo got in 9 months ie. 1,650,000, he basically got 165 million shares at these prices. what a fraud. this company is dead. report them.

[kevindenver]

I stand corrected. I honestly don't waste much time with this sector.

[stockanalyze]

you know how much ceo payout is? $1,650,000 in consulting fee over 9 months, compensation disguised as consulting fee that does not even include stock options.
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001451512/000145151223000062/unrv-20230930.htm
they are on next round of fraud with reverse split. california market is tough like others but one of the biggest and growing. they need to lower cost . all those legal cost they incurred was stupid, all those free shares they gave is loot, all those stupid acquisition of delivery company was such a waste. they need to reduce cost, reduce cost of borrowing , stop reverse split , stop doling out free shares and buyback shares at these prices quietly. they should clawback on free shares they issued if there is a way. and the absurd consulting fee should stop.

[kevindenver]

"the management is fraud. but retail knows now."

Past management was a fraud for their pumping, but not really sure current management can be labeled as frauds. Franky I wish them the best operationally as competition in cannabis dispensaries is tough in California

Is the equity worthless, yes, but I told this board that years ago!

.

[stockanalyze]

lots of press release to suck in retail investors. when the stock plummets to 0.001 , it will still be under a dime after 1:100 reverse split. they are out of their mind. sell one of the assets and buyback all the shares and watch the fun. the management is fraud. but retail knows now. and the stock will still trade below a dime after reverse split.

[stockanalyze]

usually i get them through my brokerage and fill online. maybe they don't want you to vote as many don't check and seems like junk mail. this company is toast.
vote 'no' on reverse split for sure. think : $0.005 reverse split 1:100 to $0.50 and people would be slurping over it? yeah, slurping to short it back down to $0.005.i am sure investor who owns 50 million shares understand this and would vote 'no' on it. i think one of them owns like 70 millon shares. i may be wrong.

[ThomasAn]

The send paper mail notices with a control number (given you were a shareholder as of Oct 16)

[stockanalyze]

reading on yahoo board that folks got paperwork to vote on reverse split? did you? was it through email or paper? i would definitely vote against reverse split as it would go down back to where it was to $0.01 . i would take all power away from these cheats. they should buyback shares at these prices if they think they have value.

[stockanalyze]

heading close to zero like 0.0001 so that they will need your zillion shares for one new share. before i recommended here that they buyback shares at these prices. they are doing reverse. maybe they all smoke too. lol.

[ThomasAn]

They can't file bankruptcy in federal courts unless they are a holding company. Madmen is a holding company and they were able to file three banruptcies in 2020 and 2021 in a few of states.

[stockanalyze]

hope they file for bankruptcy before the reverse split. why fool more with their money.

[ThomasAn]

I have never seen a stock do well after a reverse split. Basically they are telling us they are bankrupt without telling us they are bankrupt.

[stockanalyze]

calling irs to audit them to see if their expenses reported are legit and for business purposes as they appear to be out of line. this company is full of fraud and will not be surprised at anything.

[stockanalyze]

1:100 reverse split will take it to $2.00 and will be back down to $0.02. always happens. the investment is zero if reverse split. they will issue another hundreds of million shares after reverse split to themselves as they did before. they issued millions of shares to themselves in the past, enriching themselves in myriad of ways, fighting in courts , buying delivery companies. this ceo pays himself millions in consulting fee. the whole company is fraud.

call and write to sec, dept of justice on this fraud company.


"In connection with the Annual Meeting, the Unrivaled stockholders will also be asked to approve, among other proposals, a reverse stock split of Unrivaled’s common stock at a ratio determined by the Board of Directors of Unrivaled in the range between a 1-for-70 to 1-for-100 (the “Reverse Stock Split”). "

[stockanalyze]

putting lipstick on the pig again by changing name to blum. this company is dead

https://ir.unrivaledbrands.com/news-events/press-releases/detail/372/unrivaled-brands-files-s-4-announces-corporate

[ThomasAn]

People need to see solid moves, not just words. (both politically, and business wise). Right now the entire sector is slumping again.

[stockanalyze]

this can't get beyond few pennies?

[stockanalyze]

that was when there was no schedule change to 3 from 1 . a big change. lot of savings in $ for the companies. i believe dea should approve within 4-8 weeks. even though safe banking is not necessary, it may help with raising cheap money and safe may go through fast this fall. what i am truly worried about is the management of this company foking this up again. they changed its name but foked it up and investors started to remember its old trtc name. as i said before, this company knows how to fok a good thing by enriching themselves in terms of stock options, dilution, buying a delivery boy company , hefty consulting fee to themselves rather than buyback their stock at these prices. no one seems to want to touch this stock, still.

[ThomasAn]

A bit unreasonable to expect $1.
The times it did that much it only had 190M shares float which corresponded to $190M market cap.

Now they are up to 772M shares float. So what used to be $1 is now $0.24

[stockanalyze]

if they can't get over $0.20 in next few days, would be very difficult to get close to $0.80-$1.00. momentum baby.

[stockanalyze]

this will take leap of faith from going to $0.019 to even $1.00. not much due interest out there due to crappy history.

[stockanalyze]

i bet unrivaled will find a way to fok this momentum again, either by diluting or giving themselves obscene benefits, salary, consulting fee, stocks etc. they have this uncanny ability to fok each time.
i think this will pass dea sooner than anyone thinks , so to not look like this had something to do with upcoming elections
if i were the ceo, i would buyback shares at these prices and reduce cost of capital.

https://www.politico.com/news/2023/08/30/marijuana-review-move-to-schedule-iii-00113493

[stockanalyze]

unrv is done. kudos to current ceo who is looting too. this company will never change : give yourself millions of shares, huge consulting fee, salaries, lawsuits...into enriching themselves...

[ThomasAn]

Price compression:
https://www.youtube.com/shorts/P1r08UpSnI0

[stockanalyze]

they need to sell, sell, sell, and lower lower lower expenses and stop giving free shares, renegotiate lease, lower medical expenses, insurance expenses etc etc. lot of hard work ahead when they screwed up big time.

[ThomasAn]

You could be right.

Not happy one bit that shares trippled since two years ago. Without the Safe act, if they keep current revenues while lowering debt more, they could make it to $6c

Currently there are no buyers almost anywhere. Marimed people complain, Green Thumb people complain. Then, try to imagine Madmen holding on by the skin of its teeth.
Quote: "$MMNFF Company will need to obtain an extension or a refinancing of its debt-in-default with the secured senior lender.
In total, the Company's cash needs remain significant and primarily related or stemming to matters that precede from years past when decisions were made under the assumption of eminent federal legalization of cannabis, and not achievable under the current macro-economic conditions impacting our cash flow from operations"

[stockanalyze]

even with safe banking this appears to be dead as they beat it down to levels that is hard to recover : losses, low revenue, dilution, doling out shares, high expenses. the whole industry is down but when you are few pennies, it is really hard to get up.

[stockanalyze]

and where would pps go if they deschedule it? looks like a lot of optimism that they will deschedule it. the admin is in full control, so possible it will happen, doesn't require senate approval, i am more interested in its impact on unrv.
https://www.marijuanamoment.net/feds-aim-to-finish-cannabis-scheduling-review-this-year-top-biden-official-tells-marijuana-moment/

[ThomasAn]

As a personal assessment,
a) The banking act will eventually pass. There is increasing pressure and chatter about it.
b) There is some life left in the company since the restructuring effort and tiding up operations. Not as scary as it was a year ago. Not going to be as much a big player as Frank had us believe, but a small one (maybe up to 100M run rate and about $0.20 share price).
c) California is a regulatory mess for any cannabis operator and there's a thriving black market. That's concerning.

[stockanalyze]

do you think unrv is dead? cannabis as a whole is dead? no safe banking, no legalization?

[ThomasAn]

Based on my calculations on the Q1 2023 results:
a) Net profit margin: 4.6% (0.046) - Low bot not horrible, or negative as it used to be
b) Quick ratio: 12.1% (0.121) - Low but not horrible
c) Free cash flow: 2.7 million

[ThomasAn]

They already did bankruptcy. Since bankruptcy is under Federal statue, cannabis companies cannot officially file for it, but Adnand is basically the bankruptcy reorganization company and has been doing restructuring, cost-cutting, and renegotiations with debtors and litigants as if it was a bankruptcy.