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Dose this "old insider" happen to live in Kirkland, WA?
Looks like they allow trading for a window of time before they revoke it. So anyone wanting to sell their shares before the revoke(worthless security removal process) can sell now instead of the latter procedure.
cant win em all..dump and move is best bet i think
Yeah it seems doomed. 99% of cos that get suspended appear to be revoked right after.
POS stock was activated...probably going to get revoked
I could be wrong. It may have just been an old insider taking advantage of a good situation with the interest on the shell. And was just selling his/her shares but it was just a strange situation nonetheless. Ive heard a lot of stories about shell facilitators and what they got in trouble with doing with things like this. Selling unregistered shares and all that with shells they didnt even have complete ownership of. Some of them even went to jail I believe.
Sucks, my 3rd suspension this year.... BK was dismissed. Do you think the person using AABA had inside info and that's why they were selling all those shares? Should that person be investigated and have their account records pulled and see if it was one of the people intimately involved? Isnt the first time I have seen something like this. Just my opinion on this all.
UIBT Universal Ice Blast, Inc. Common Stock OTC Link Suspended
Jan 25, 2012
UIBT: SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-66232.pdf
ADMIN Proceeding:
http://www.sec.gov/litigation/admin/2012/34-66233.pdf
Did anyone get filled today for the 10k? It looked like AUTO's bid was still intact from the last time I saw it. I wonder if someone is covering over the highest bid price.
Well meant the Merger specialist of UIBT has a track record of no RSs and pretty good turn out shells. Much much higher market cap than this one.
Who has a nasdaq track record?
Could be a start up or a holding co for a already established co. Don't know, buy on hope and cross fingers. Although this guy has done some really stuff on his track record. The shorts show up on nasdaq and other websites. You cant always trust the figures as shorts on otherstocks but this one is quite different. Imo.
Sorry bud I really have not heard anything. I would say this is a gamble for now. JMO
Hello Ed. I am new to the board, so I don't know anything about mama holdings. If you have received a post in regards to this... could you re-post to me? Thank You
Thank You for the information. I just got to the board. How can you tell it was a short?
UIBT Short since the reinstatement. I am sure some of this has been covered but this is a very unusual shorting experience. This could turn into a nice little MOASS when RM is announced, name change, News, or anything of the like.imo
20110727|UIBT|157115|0|702342|O
20110728|UIBT|28500|0|97212|O
20110729|UIBT|20045|0|58610|O
20110801|UIBT|10200|0|49845|O
20110802|UIBT|26700|0|60200|O
20110803|UIBT|3500|0|8700|O
20110804|UIBT|5000|0|40505|O
20110805|UIBT|64885|0|114867|O
20110808|UIBT|2000|0|7500|O
20110810|UIBT|2000|0|32811|O
20110818|UIBT|15000|0|62573|O
20110819|UIBT|26000|0|49500|O
20110822|UIBT|5000|0|13050|O
20110823|UIBT|7500|0|8100|O
20110824|UIBT|81865|0|249266|O
20110825|UIBT|1000|0|5500|O
456,310 Shares Shorted since reinstatement. I dont think AABA covered anything close to all of those. If he was responsible for 400k of the 450 and he only covered 15-25% he will be in some major doodoo soon. Just look at the other RMs Bartel has done. This is going to be wild.imo
Is AABA done naked shorting? If so we might have him right where we want him.
That would be a fun day.lol You would see some crazy trading and MMs flying all over the place. I should tally the short one day for the past few weeks.
Yesterday 80 was shorted
20110824|UIBT|81865|0|249266|O
Today we had the second highest volume day here over the last 5 years plus, shares are getting tight, will be really fun when we see a milly or two in volume.
just added BM#49
Thanks for the alert
And everyone should remember under no circumstances do you sell to AABA. If you got to bid whack bid whack to someone else please. Dont let AABA cover his HUGE short!
doing a good job at it, wish i could pitch in and help......:)
$treet Trader is that you kicking abba's butt?......lol
while AABA will have to die then
Yes, since Day 1.
Nope they sure dont. This can have a massive run and a squeeze.
Agree, peps sitting on the sidelines don't know the possiblity here. Break previous highs and we could really bust out.
Dude that alone is going to move this. Look at GNCP and the others! If this gets any kind of volume like it did the first day we will be far from these levels.imo This is going to go nuts. 127k MC? Thats peanuts. If he gets any sort of Market cap like the others this will be.... Heck I dont even want to speculate prices that high.lol
I just saw your post about Bartel taking over, that is an awesome find!!
Im sure thats coming. We will probably see the merger on NV SOS soon or a PS disclosure update.
Company needs to drop some news here....or an update....anything major and this really busts out of this rut....
This is going to be a insane runner.imo
Hmmmmmm!$hellking! nice find bud. UIBT buzzing again!!!
Looks like Joseph Bartel is the guy facilitating this. Remember GNCP? .40x.70s and it has a slightly higher OS than UIBT. This could be a considerable leap of pps for UIBT in the coming times.imo
They may be out of the picture. Im thinking they sold it to the Mama Holding corp company.
You probably can if you can find some info on them, I am not aware of how, but I have not done much digging either.
Is there anyway we can contact Ricochet Trading Inc?
[10:03:45 AM] MBOT: UIBT Security Details
Share Structure
Market Value1 $60,482 a/o Aug 17, 2011
Shares Outstanding 2,499,272 a/o Feb 15, 2005
Float Not Available
Authorized Shares Unlimited a/o
Par Value 0.001
Shareholders
Shareholders of Record Not Available
Security Notes
Capital Change=shs decreased by 1 for 40 split. Pay date=02/15/2005.
Short Selling Data
Short Interest 2,500 (100%)
Jul 29, 2011
Significant Failures to Deliver Yes - Reg SHO
Transfer Agent(s)
[10:03:59 AM] MBOT: [10:03 AM] MBOT:
<<< Short Interest 2,500 (100%)
[10:04:11 AM] MBOT: [10:03 AM] MBOT:
<<< Significant Failures to Deliver Yes - Reg SHO
[10:04:34 AM] MBOT: [10:03 AM] MBOT:
<<< Jul 29, 2011
[10:05:15 AM] MBOT: AABA just jumped bid again
[10:06:04 AM] MBOT: and ask
please dont sell to AABA, lets keep him short.....
MBOT
I know they just reinstated too
MBOT
We have a lot of restaurants in MS with "Mama" in the name.
Thanks for the reply. Just a funny name for a Holding company. I think I will start one called Big Daddy's lol.
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http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=jpBhFLgvC8hLw%252bYC43A8iw%253d%253d&nt7=0
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