UBL Interactive Inc. (fka UBLI)

[PBGoodwill]

Ok thanks for the replies. I will read the link later today.

May I presume people who short love stocks who enter grey market? Or is it even possible to borrow shares in a grey market?

I'm asking because I would like to offer to shorts a great opportunity.

[lucky, mydog]

exactly. anyone who wants to study the history can start with the following link;

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137302828

[Traderfan]

You need to differenciate here. If you get suspended for delinquent filing like UBLI did, you will trade on the grey sheet for a few weeks until the judge grants the revocation and then the entire symbol will be gone from trading. You then hold shares of a company in you account which you can‘t trade anymore. Chance is that the company can convince the SEC to not revoke them if they file everything needed but I don’t know of one example of a suspended ticker for delinquent filings which didn’t get revoked. Theoretically a revoked stock can come back to life but it is a very complicated and time consuming way to file all necessary stuff and even then the SEC would decide if that‘s enough to get back. I think not more than 2-3 made it back from revocation out of thousands. I know it‘s possible because I owned one that made it back and is now even trading on the Nasdaq. Like a miracle.

If you get suspended to the grey sheets for something else like fraud or such stuff, you will usually just continue to trade on the grey sheets. There has been companies coming back from grey to pink sheets in the past if they got suspended for sonething else than delinquent filings, but it‘s rather rare I would say.

[PBGoodwill]

Once this is in the grey market, will it remain there forever and ever or is there a time limit?

And if I understand correctly, once grey market always grey market with no hope forever and ever of becoming "normal"?



And if I sell my shares, someone retail will buy them?

[lucky, mydog]

discount thursday- all day tomorrow and beyond

the suspension ends at midnight tomorrow. it will not be eligible to trade until friday.

[Welcome2Pinkyland]

maybe we will hear something from from the company addressing the suspension before tomorrow @ midnight. i won't be holding my breath- not expecting anything. then it's $UBLI discount friday- all day friday and beyond

[lucky, mydog]

They are obliging the SEC and they requests made to UBLI.

the sec has made no requests and the company is still delinquent.

[srm4u]

they disregarded sec rule and regulations, they didn't file any NTK's or Q's.....they only thing i see that they might have a chance is new ownership and an effort to catch up on late filings, which in my opinion was done without notifying the sec of their intentions. it's now up to the sec

[angelo2112]

I see this as nothing but positive info
They are obliging the SEC and they requests made to UBLI.
I believe this ends in our favor in the end

[elkonig]

Therein lies the problem right there. Just because UBLI filed one for Sept. 30th 2017 means squat. UBLI didn't file any required 10Ks for 2015 or 2016. Result suspension.

[srm4u]

I know, doesn't look good for them at this time....now that this buyout is complete maybe the new owners might have a compelling case to convince the sec

[lucky, mydog]

can't do that. doesn't count. the company does not get to invent their own regulations.

[srm4u]

Explanatory Note

UBL Interactive, Inc. (“UBL,” or “Company”, “we,” “us” or “our”) is filing this Comprehensive Annual Report on Form 10-K for the fiscal year ended September 30, 2017 (this “Annual Report”) as part of its efforts to become current in its filing obligations under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Since the Company has not filed its interim financial statements and quarterly reports on Forms 10-Q as of, and for the periods ended December 31, 2017, 2016 and 2015, March 31, 2016 and 2017; and June 30, 2016 and 2017; and has not filed its annual financial statements and annual reports as of September 30, 2017, 2016, and 2015, as of the date of this Annual Report (being filed by the Company after its due date), the Company is including information regarding the fiscal years ended September 30, 2017, 2016, and 2015, as well as summarized quarterly financial information which would have been included in quarterly reports on Form 10-Q which were not previously filed for each of the quarters ended December 31, 2015, 2016 and 2017, March 31 , 2016 and 2017 , and , June 30, 2017 and 2016. The Company is including the interim financial information along with management’s discussion and analysis for the applicable periods in this Annual Report. The Company has determined that it can best provide current and accurate information to investors and shareholders by focusing the Company’s efforts and resources on providing more timely information.
https://www.sec.gov/Archives/edgar/data/1576778/000157677818000006/ubl10k1sept302017.htm

Introduction

This annual report on Form 10-K is a comprehensive filing for the fiscal years ended September 30, 2017, 2016 and 2015. It is being filed by us to move toward becoming current in our filing obligations under the Securities Exchange Act of 1934, as amended. This is our first periodic filing since we filed a Form 10-Q for the quarter ended June 30, 2015, on August 24, 2015. Included in this report are the audited financial statements that would have been included in annual reports on Form 10-K which were not previously filed for the years ended September 30, 2017, 2016 and 2015, as well as summarized quarterly financial information which would have been included in quarterly reports on Form 10-Q, which were not previously filed for each of the quarters ended December 31, 2015, 2016 and 2017, March 31, 2016 and 2017 , and June 30, 2016 and 2017.

Our delinquencies with regard to these filings were due to the fact that the Company discontinued operations after June 30, 2015, because the Company’s prior business plan proved to not be viable and the Company was not able to generate cash flows sufficient to continue operations, and subsequently certain of the Company’s creditors sued the Company, obtained default judgements and put the Company into receivership.

This annual report should be read together and in connection with the other reports that have been filed by us with the SEC for a comprehensive description of our financial condition and operating results. In the interest of disclosure, we have included information in this annual report certain material events and developments that have taken place through the date of filing of this annual report with the SEC.

In this Annual Report on Form 10-K, UBL Interactive, Inc. together with its subsidiaries, is referred to in this document as “UBLI”, “we”, “us”, “or the “Company”), incorporates by reference certain information from parts of other documents filed with the Securities and Exchange Commission. The Securities and Exchange Commission allows us to disclose important information by referring to it in that manner. Please refer to all such information when reading this Annual Report on Form 10-K. All information is as of September 30, 2017 unless otherwise indicated.
https://www.sec.gov/Archives/edgar/data/1576778/000147793218001027/0001477932-18-001027-index.htm

[lucky, mydog]

lolol. so what?

It appears to the Commission that there is a lack of current and accurate information
concerning the securities of UBL Interactive, Inc. (“UBLI”) (CIK No. 1576778), a delinquent
Delaware corporation located in Beijing, China with a class of securities registered with the
Commission pursuant to Exchange Act Section 12(g) because it is delinquent in its periodic
filings with the Commission, having failed to file its required Forms 10-Q for the periods ended
March 31, 2016 and 2017, June 30, 2016 and 2017, and December 31, 2015 and 2016. UBLI
also failed to file its required Forms 10-K for the periods ended September 30, 2015 and 2016.

[angelo2112]

Read the amended recent file it states they did file these in february 2nd & 27th

Reference is made to the Company’s comprehensive annual report on Form 10-K for the fiscal years ended September 30, 2017, 2016 and 2015; and for the periods ended December 31, 2017, 2016 and 2015, March 31, 2016 and 2017; and June 30, 2016 and 2017; and its amendment, filed with the Securities and Exchange Commission (the “SEC”) on February 2, 2018 and February 27, 2018, respectively, for such information reflecting the Company and its securities that would be required if the Company was filing a general form for registration of securities on Form 10 under the Exchange Act

[Welcome2Pinkyland]

Not sure how it will play out, but in pinkyland I always hope for the best and expect the worst. $$$ $UBLI $$$

[lucky, mydog]

UBLI seems to be providing SEC with all the requirements that the OLD management was supposed to file

no, they aren't. they were supposed to file 10Q's and 10K's.

[angelo2112]

UBLI seems to be providing SEC with all the requirements that the OLD management was supposed to file
I knew they weren’t going to just walk away after spending 400,000.00 on the UBLI shell

[PBGoodwill]

At the bottom of disclosure page there are SEC transactions with HERO GRAND EVERBRIGHT INTERNATIONAL LTD and CUI JIANZHONG made May 2 2018.

https://www.otcmarkets.com/stock/UBLI/disclosure

And other suspended tickers:
https://www.otcmarkets.com/stock/THGS/disclosure
https://www.otcmarkets.com/stock/URHY/disclosure
https://www.otcmarkets.com/stock/MHYS/disclosure
https://www.otcmarkets.com/stock/WPWR/disclosure

They all have no SEC transactions. And WPWR has transfer agent verified.

I know it's a desperate hope but could that mean something?

[///M3]

I agree to that OTCM basically worthless for status

[lucky, mydog]

lol. yes, it really, really means that this will be trading on the grey market.

[Welcome2Pinkyland]

does it really mean anything. before the suspension OTCM showed $UBLI as a current filer.

[Hanibal]

Nah dude. Once it's on greys it's gone. Fuhgget about it

[Spartanfan1]

We’ll see...

[lucky, mydog]

But- looking like they are getting their ducks in a row to get back to otc

that will not happen before the suspension ends.

[lucky, mydog]

no broker will.

[Spartanfan1]

Yup- upon SEC suspension that is what happens until they get reinstated. But- looking like they are getting their ducks in a row to get back to otc

[Quintessence]

My broker won't let me place an order. Should resume trading on June 8.

[lucky, mydog]

UBLI NOW SHOWN ON GREY MARKET AT OTCM

https://www.otcmarkets.com/stock/UBLI/overview

[Spartanfan1]

I’ll take that bet

[lucky, mydog]

There’s a chance that this could be back to normal by the time that the two weeks suspension period is up.

there is no chance at all. grey market is automatic.

[Spartanfan1]

We are going to be fine here. We all just have to be patient. There’s a chance that this could be back to normal by the time that the two weeks suspension period is up.

[shanak10]

8K/A https://www.sec.gov/Archives/edgar/data/1576778/000147793218002785/ubli_8ka.htm

[Hanibal]

8k out

[Spartanfan1]

Good point!

[Checkfan]

The sky is falling! LMAO . The longs can wait, and wait, and wait, not a problem.
Daytraders/flippers can't.
Patiently waiting here

[Welcome2Pinkyland]

Unfortunately for us shareholders it doesn’t need to make sense. Common sense means nothing. bureaucracy rules here.

[tbattaglia]

I guess the thing that seems odd to me is that in the SEC suspension letter it says the stock was suspended to protect shareholders. From what I was seeing, the company was actively trying to clean up the shell and bring it current. In my opinion the company was trying to bring value to shareholders of this shell. And I currently don't feel protected by the SEC. Now if the suspension yields a shell that resumes trading but has better representation of reality.. I.E. current reports for 3 years and proper contact information listed. Then I can see how this action by the SEC has been for the benefit and protection of the shareholder.

[Welcome2Pinkyland]

what stays the same is the so called experts assured everyone it would stay on the grey market forever. The so called experts are always right- until they are not. Just another day in pinkyland.

[lucky, mydog]

cann was suspended for suspected fraud, not delinquency. that matters.

[lucky, mydog]

https://www.sec.gov/litigation/suspensions/2018/34-83315.pdf

[CeasePlz618]

Really? Where did you find that info? I hope it is accurate. Thanks!

[lucky, mydog]

It isn’t coming off suspension for a while.

the suspension ends at midnight on 6/7/18. there is no question about that.

[CeasePlz618]

I bet it takes 90 days + . Just a guess? I really don’t know but once you are suspended it takes a while to lift the suspension, regardless of what forms you file. It isn’t coming off suspension for a while. So I’m just going to sit back and wait. If it doesn’t come off by the end of the year, I’m writing it off as a tax loss. Just my opinion.

[Welcome2Pinkyland]

Not sure if $UBLI will get reinstated- but for sure the so called experts are not- that we do know. CANN is an example where the experts assured us all that CANN was destined to trade on the gray market forever no if’s and or butts.

[angelo2112]

Well I highly doubt they are blindly spending time & money if nothing good will come of it.
If all was lost here the company would cease all action with the UBLI shell but that’s not the case
Also why would the SEC allow them to continue to update the filings for this shell?
I’m sorry I just don’t think this is over
I’m not some dream chaser I know laws are laws and rules are rules but these actions can be amended as well
Why would the SEC give them the chance to make things right I mean it’s more money for the bureaus at the end of the day, a lot of money actually!

[angelo2112]

UBLI will get reinstated regardless what the so called experts here are saying
Again you can guarantee they are working with the SEC right now to get this all rectified
The delequent filings are from the old management which is the biggest thing the Chinese firm has going for it
Imho
Maybe it doesn’t get all rectified by June 7th but I’m sure an extension will be granted

[coupe]

Seems every few days something is reported, my guess is there on top of this matter.

[Welcome2Pinkyland]

Hoping for that- and that the filings were already lined up pre-suspension. Let’s see what else we get from the company befor June 7th. $UBLI

[coupe]

Totally Agree!