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I HAVE A STOCK CERTIFICATE FOR 12,000 SHARES OF UC HUB ISSUED IN 1999. DOES ANYONE KNOW THE COST BASIS OR WHAT UC HUB WAS SELLING FOR IN ITS ORIGINAL OFFERING?
It's now officially over. Hope a few people heeded our warnings about this scam.
Surprised it took this long.
UCHB referenced in lawsuit:
http://www.scribd.com/doc/112739347/Watson
Link courtesy of Scion and Nodummy.
Good luck on that. UCHB is dead Larry Wilcox saw to that...
Oh man where is any one is this have been left alone ,or sleeping giant i see it coming back .
after a few minutes of review it seems to me that the reverse split will be a 1 for 20
Item 3.03. Material Modification to Rights of Security Holders.
On August 31, 2011, the Board of Directors of the Company (the “Board”) and a majority of the shareholders agreed by Written Consent to effect a reverse stock split of the outstanding shares of the Company’s common stock at a ratio of 1 for 20 (the “Reverse Split”) to become effective subsequent to the filing of the Certificate of Amendment with the Secretary of State of Nevada. As a result of the Reverse Split, each 20 shares of the Company’s common stock issued and outstanding immediately prior to the Reverse Split shall be changed into 1 share of common stock without any further action by the holders of the shares of common stock.
and the reason for the increase in authorized shares is due to having to pay off a lot of people with shares.
http://www.faqs.org/sec-filings/111208/UC-Hub-Group-Inc_8-K/
and then it looks like they will be entering some kind of security field (computer?)as per the same 8-k where they talk about acquiring patent rights.
Item 2.01. Completion of Acquisition or Disposition of Assets.
On September 23, 2011, the Company entered into a contract with SH Equity Partners, LLC (“SH”) entitled “Asset Purchase Agreement.” Under this contract, the Company acquired certain patent rights pursuant to the Settlement and Release Agreement by and between SH and Priviam, Inc. (the “Patent Rights Agreement”). In consideration for the purchase of patent assets under the Patent Rights Agreement, the Company issued to SH a Convertible Promissory Note Agreement in the principal amount of $50,000 at a10% interest rate with a maturity date of September 23, 2012, which converts at SH’s option into shares of the Company’s common stock at a price of $0.01 per share. On September 23, 2011, the Company formed Hyper Secure, LLC, a Nevada limited liability company, which is a wholly-owned subsidiary of the Company, which subsidiary will hold all the patent assets acquired from SH.
the name hyper secure llc leads me to believe its a computer security gig
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=0lGFhfqF93hMEV7ttl63%252fg%253d%253d
should be good to trade after the split and before all the shares they disburse for past payments hit the market (1 year?)
.0055 x20 = $0.11 share price... that is if people give it a chance... the whole wilcox debacle messed it up pretty bad
Nothing except that he's in and Harsh Shetty is out.
I suspect it's a complete shell now.
I did notice this, "Dec 8 11
On May 20, 2011, Harshawardhan Shetty, the sole officer of the UC HUB Group Inc. resigned. He also resigned as a Director of the company. On May 20, 2011, Claude Cramer was elected as the sole officer and the sole director of the company. On February 18, 2011, after approval of the Board and the shareholders by Written Consent, a Certificate of Amendment was filed with the Nevada Secretary of State Amending the Articles of Incorporation of the company to increase the authorized shares of the company's common stock from 500,000,000 to 2,000,000,000 shares."
which sounds like there was likely some pretty big dilution along the way.
yeah i checked the otcbb daily list and noticed it hasnt been filed with finra yet. what do you know about claude cramer? tia
In the future maybe. My shares haven't changed up or down.
stock split... reverse split? i'd say most likely
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=G34PTI9tO4EyzVH1egvj3A%253d%253d&CorpName=UC+HUB+GROUP%2c+INC.
Is this Scam still going?
This is closed . finished .. KAPUT !!!
IMO.
what is going on here ,long time no sound it is like where the people have gone?
Jim Price,Aero-Financial,San Diego, Stock Fraud. Jim Price is involved in many "pump and Dump schemes.
Look at the charts for: UCHB,SYAI, PEIW, WHIO, PAPA BELLO'S PIZZA (if you can find that one)Price just "sold" Papa Bello's, and never even told the franchises about who owns their brand. He stripped the Company of assets, closed 18 Walmart units, and basically cut the investors off at the knees...Please call me if you have lost money in any "stocks" that Jim Price, or Aero_Financial have anything to do with. We will get your money back.
415 895-0088
There is nothing here anymore. Once Wilcox was exposed, the game was over.
I'm already out most but curious where they will take this.
.03 would be a nice christmas present.
what I am wondering is, what will be Crescents conversion after RS?
Pre RS they can convert .01 and .03
so post RS .2 and .6 ?
Also will the AS be reduced also by the RS?
Just like i said and much more .
Thanks for the info.
Here's the 8K. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8282146
Looks like the company once again has given up its latest incarnation with Harsh Shetty leaving and a new sole operator, Claude Cramer.
A bunch of convertible debt on the books and a 1:20 reverse split.
Could be setting up for a new promotion though. Hard to tell.
8K was filed. Looks like new CEO and new subsidiary. They may also get current with the SEC filings. One of the guys mentioned in the 8K won big in the lottery
"Kevyn Ogawa came to the Lottery’s Van Nuys District Office yesterday with the California ticket that matched the August 28 winning combination of 37, 1, 17, 31, 54 and Mega number 31. Ogawa, who preferred not to be interviewed, elected to take the cash option, making his take home amount worth about $107 million."
OH something is fishing here ,i like it .
Looks like someone cares more about it that I. Big move today, Small volume of course though.
ido not know why you still care about it ? amazing .
No, it's still a "no information" pinkie. http://www.otcmarkets.com/stock/uchb/quote
Obviously, there's not a lot of trading in it and despite earlier PRs, I think it may be more a shell than an active company.
Neither the website listed at otcmarkets.com (uchub.net) nor uchub.com is functioning currently.
Was the stock delisted /suspended from the pink sheets?
A lot of OTCs made that list, but from the looks of the price and volume, the new owners aren't taking it anywhere either. Probably just holding it as a shell, hoping to sell it later.
That is to bad would of like to see him get some jail time.
What is up with the new owners? i see UCHB is on the DTC CHILL
list.
UPDATED 9/16/2011...Complete list of "CUSIP's to be exited from CNS and future trades designated trade for trade"
Looks like he avoided jail
http://money.cnn.com/2011/01/28/news/economy/larry_wilcox_guilty/index.htm
Closed out my small position when they announced the new owner and CEO and VERY glad I did.
I see this POS is barely hanging on.Glad i got out last year.
Is Wilcox in jail?
did they start digging out the
gold and sapphires yet? :P
ya moving along so great with a bid at .0006
Ahhh I forgot, maybe we do get a bump
when the nothing but great Kyle Gotschalk gets convicted and sentenced in November. That oughta be fun. GO USA, show those thugs their justice! EOM
I'm afraid I'm a fan of neither.
Does that mean people are charged up to $1000 fees when trading?.....z
UCHB is obviously going to 0
.001 x .009
Harsh is out supposedly, and new CEO in?
QUICK, SELL WHILE YOU STILL CAN!
It is an 11 year old scam that has done very little in the way of revenues, has never made a profit, currently has no business, and has a tremendous amount of debt. There is no good reason to buy this joke of a sham company.
Wow. 62 million shares outstanding, that we know of, and no update since April of 2010. Anyone have any idea of the current amount of shares outstanding? Float?
The stock trades by appointment. The company was formed in 1999 and it's still looking for the right mergers. The Pink Sheets puts a warning here saying that the company "may not be making material information publicly available".
Am I missing something here? Can someone please tell me why this would be a good investment for me?
Kyle Gotshalk is nothing but great. Wish he would post the docs from court from Wilcox and partner Ostrower on here. Hey Kyle wherever you are please post the true docs showing Wilcox dumping 10 million shares of Pspj!!
Yes you are wright larry i think we are going to see 52 high and lots more and that almost sure for those who dont think so it is there problem.
sure it's scam Mr. Zoril. But it's still going to see new 52 week highs and then some ... so whatever.
I guess everybody knows UCHB is SCAM
Thanks for agreeing.
tell us something new ...
Wilcox is gone, so no reason to bash him here.
Other than that your claims are empty ...
UCHB is a Washed Up SCAM
UCHB's old CEO Larry Wilcox is now a Felon.
UCHB has too much debt to ever recover.
yes i agree with you buddy lets keep the fingure cross ,you know larry i have been here longer than you scnce 2001 i have chance to get out at 0.50 i was aming at 1.50 but that was then . Ihope our new guy will do good i have this feeling here.Good luck.
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On May 20, 2011, Harshawardhan Shetty, the sole officer of the UC HUB Group Inc. resigned. He also resigned as a Director of the company. On May 20, 2011, Claude Cramer was elected as the sole officer and the sole director of the company. On February 18, 2011, after approval of the Board and the shareholders by Written Consent, a Certificate of Amendment was filed with the Nevada Secretary of State Amending the Articles of Incorporation of the company to increase the authorized shares of the company's common stock from 500,000,000 to 2,000,000,000 shares.
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