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Any well head production from Texas Gulf Oil and Gas? If that is being worked on, there might be some possibilities there. Anybody heard anything on these gas and oil wells?
To quote joro44
How's that explosion going for ya?
Can't wait to hear that tomorrow!
Oh, one other notable fiasco I forgot to list: The Frankfurt Exchange. Hahahahahaha
Just tired of the bs, ready for profits!
May not be pro gressive,
but can see clearly that there is no profit involved.
I am hoping management will take these messages to heart and implement measures to get significant profit going.
When the reverse split hits, management's shares will survive in enough volume to make them rich, the average investor's shares will evaporate.
If profits will come, pps will go up. No amount of pump will get those up anymore, anything that does will have to have substance. Management has done a great job of putting our cheery PRs. Had they been timely with their 10-Ks and 10-Qs (over the long term)as well as produced all the results they had hoped to, PPS would be more responsive. But, when you get mired down with crap like Roblex, Indian Lands, Rainco, conference calls, etc., etc., that don;t happen, nobody listens anymore. Except those that have not lived through these fiascos.
Significant profit is all that can save UBRG anymore. If they can make profits, pps will skyrocket, then and only then will management and shareholders benefit.
Reality Check!
Even if UBRG revenues had topped $100,000,000.,
UBRG costs would be $100,000,0006.
Leaving UBRG in debt and the PPS right where it is (or worse).
Management needs to develop a business plan that makes profits. When profits happen, then PPS goes up.
Don't get caught up in the staggering revenues - the money makers only look for profit.
I like the comparison to Procera. If you notice they have a line item on their board that is listed as " Net Profit ". That line item does not appear on UBRG's board. When UBRG gets significant net profit, we'll see PPS in the 100+ bagger range.
If a r/s happens before PPS increases, we will all go down the flusher. Except, of course, for management, who with their gazillions of shares could survive a r/s with millions of shares, watch the pps go to 4 or 5 dollars and laugh (at us) all the way to the bank.
Luckily, if a r/s happens within 3 years of coming off a DTC chill, THEN a DTC Global Lock is placed on the company and we ALL (including management) go down the flusher. So the DTC chill may be one of the best things that could have happened to us shareholders. We are all in the same boat. Management's best solution for a near term fortune, is to do it the old fashioned way. . . MAKE PROFIT.
Whatever they do, Profit would make us ALL very wealthy, including management.
Locksflooring - you do know that is the excuse that was given by management when the prior (2010) year's 10-k was late. . .
Wilma - with last year's reports being late because "the accountant went fishing", promises were made to be on time forevermore. And investors bought it, pps went up and then, of course, they were late. pps has not recovered since and has been in a tailspin. Filing for extensions, while permitted, are not seen as fulfilling the promises to be on time. No excuse for the last 10-K.
Don't get me wrong, I want this stock to go up, up, up! But I also have my eyes wide open. This stock has got to produce profits. All the lipservice they have given so far has done all it is gonna do for the pps.
So, please UBRG management, we are begging for profits, timely reporting, and avoiding a r/s like the plague. When they do this, then they can have creative license to play any way they like, but till then - make high profits = high pps, please.
Wilma, I am not bashing you or UBRG, I want us ALL to succeed, just wish management would come up with a plan to make that happen. And then make it happen.
Significant profit will take care of anyones worries about UBRG.
I was tickled that someone said they were striving for timely SEC reporting. . . wonder where that came from? There hasn't been any 10 - K on time - ever. A 10 - Q might have accidently been on time, but I don't think that was caused by management. JMO.
You can put all the lipstick you want on the pig, it doesn't change the fact that profit is required. Dilution will kill this pig. The vast majority of companies that are put on a DTC chill go on to a DTC Global Lock if they get on DTC's radar for 3 years after coming off a DTC chill.
While I certainly want UBRG to soar into the stratosphere, pretending like everything is hunky dory will only lull management into a false sense that the investors are happy. Well, I am not. After being in this thing for 5 years, significant profit is the only thing that will save UBRG.
Oh, and by the way, somebody said something about shareholders have to approve before a reverse split. . . who do you think has the majority of the shares (votes)? All totaled, managment has the majority of the outstanding shares. So, whaddaya think is gonna happen? Whatever they want to happen. Hopefully they will realize that a r/s is not in the best interest of the company and all the shareholders. Increasing proce per share without dilution/contraction is possible by 1. significantly increasing profit, and 2. buying back all but about 400,000,000 of the 1 billion shares that are allocated. If the shares are worth more, they won't need as many to make deals with.
A reverse split is poison. . . and think about it, what would happen after a reverse split. . . pps goes up (for a while) till the money makers realize there is still no profit and the pps will come back down to the levels they are now (or worse). Very bad scenario all the way around - for UBRG, management and all shareholders.
No explosions happening anytime soon, unless profits get on this scene.
Oh, did I mention that significant profit is needed?
Nothing else really matters to us, the company or management.
I hope that message gets through to all of us.
Here's your analysis:
No Significant Profit = Low Price Per Share
Increase Profits = High Price Per Share
How much simpler need it be?
While I am not an MBA, I have had some success in stocks, bonds, commodities and business. I hope the best for UBRG, but they have got to perform, otherwise, we all lose. I am long over the past 5 years, back when this thing was $5/share. Averaging out at about 3 cents per share and continuing to lower my average cost per share thanks to the low price per share. I believe it can be done, but profit will make the price per share increase, nothing else.
Continued tardiness with reports, fluff PRs, Prs that promise the moon - yet don't deliver, conference calls that don't happen, oil/gas fields that we never hear from again, DTC Chill, Indian reservation deals that get backed out of, Rainco Fiasco, Roblex, Dilution of shares, reverse split looming that will send us into a DTC Global Lock etc., etc., etc. will only continue to drive price per share down.
This analysis is not bashing. It is an honest assesment. All of these things can be corrected. It is up to management, if they will correct these deficiencies. I hope they do something that will correct these problems and not hurt us shareholders.
Overall, if they are buying watermelons for a dollar and selling them for a dollar, getting a bigger truck does not generate profit.
When they do finalize the final, exciting plan,I'm sure they will be proud of their accomplishment!
Or maybe they just went to the bathroom! LOL
Yes, I wonder what they will be excited about next !
Might I suggest that management will be excited about having no more fresh PRs to issue! We are excited that we have used up all the PRs we had ! Now, we are excited that about the only thing we can get anyone excited about is the exciting possibility that we are excited about having nothing else to do, so with excitement, we will work on the only thing we can get excited about which is PROFIT . . . Now that would be exciting!
As a shareholder, I expect to be told -
1. WHO has not gotten information to UBRG in a timely manner
2. WHY are we still doing business with that person or company
3. WHAT can management possibly do to make this right
4. WHAT specific efforts are being made to be profitiable
5. WEEKLY updates on PROFITS !!
6. WEEKLY update on the DTC chill situation and what is being
done to prevent a Global Lock
7. A CONTRACT not to insult us with B.S. PRs on plans
that are just not gonna happen, for example
A. Conference Call - please
B. Frunkfurt exchange - please
C. Roblex - please
D. Rainco - what a baffoon of a move that was
E. Indian Tribal Lands - Gimme a break
F. need I go on and on and on and on? ad nauseum
8. WHAT are the contingency plans that will significantly
increase PPS without a reverse split?
A. Sell UBRG to a profitable company such that each
investors quantity of stock shares are preserved
and increase significantly in value.
B. Sell (or give) a board of directors seat to someone who
has made profit in a similiar situation before and will
benefit only if common stock investors benefit
C. Buyback of a reasonable number of
outstanding (floating shares)shares - say about 750,000,000.
As a shareholder, I ask for specific answers to these specific questions and I also ask for a contrract with management to perform for the good of the company, themselves and shareholders and what specifically they will do if UBRG has not reached certain milestones at specified times.
I do not think these are too much to ask and I hope my fellow shareholders will join me as I ask our President and Director to step up to this plate.
Thank you.
As a shareholder, I expect to be told -
1. WHO has not gotten information to UBRG in a timely manner
2. WHY are we still doing business with that person or company
3. WHAT can management possibly do to make this right
4. WHAT specific efforts are being made to be profitiable
5. WEEKLY updates on PROFITS !!
6. WEEKLY update on the DTC chill situation and what is being
done to prevent a Global Lock
7. A CONTRACT not to insult us with B.S. PRs on plans
that are just not gonna happen, for example
A. Conference Call - please
B. Frunkfurt exchange - please
C. Roblex - please
D. Rainco - what a baffoon of a move that was
E. Indian Tribal Lands - Gimme a break
F. need I go on and on and on and on? ad nauseum
8. WHAT are the contingency plans that will significantly
increase PPS without a reverse split?
A. Sell UBRG to a profitable company such that each
investors quantity of stock shares are preserved
and increase significantly in value.
B. Sell (or give) a board of directors seat to someone who
has made profit in a similiar situation before and will
benefit only if common stock investors benefit
C. Buyback of a reasonable number of
outstanding (floating shares)shares - say about 750,000,000.
As a shareholder, I ask for specific answers to these specific questions and I also ask for a contrract with management to perform for the good of the company, themselves and shareholders and what specifically they will do if UBRG has not reached certain milestones at specified times.
I do not think these are too much to ask and I hope my fellow shareholders will join me as I ask our President and Director to step up to this plate.
Thank you.
Long term outlook = Great.
There are some things that need to happen first, though.
1. Produce significant profit (large amounts!)
2. Get DTC chill gone - should be done within 60 days
3. Avoid reverse split like the plague
A reverse split within 3 years of the DTC chill will
throw us into a DTC Global Lock that no small company
can recover from
4. Get gas wells in Jim Wells county producing & more of 'em
5. File 10-k and Qs early (or at least on time)
6. Anything else to produce profit and revenue. . .
in that order
All of these are extremely do-able. The sooner the better.
Management has addressed most all these issues, they just need to produce results and all investors, including management, will be fine.
This is great! Couple these profits with the profits from the gas/oil wells in Jim Wells county, Texas = PROFITS like we've never seen before! What a great future for UBRG and its shareholders! What have we heard lately on those gas/oil wells from Jim Wells county? Three wells were supposed to be getting into production several months back. And also were supposed to be bringing more of those wells into production. I can hardly wait to see those numbers! I wonder how many more wells have come on line so far? This stock will be a 100 bagger for sure ! I also wonder if those numbers will be in the 10K? When is the 10K due to be out? I hope it will be on time, if it is, the share price will pop, Pop, POP ! Go UBRG! GLTA
With the coal selling so well UBRG will go over the top when they tell us how all the oil and gas we are selling from Jim Wells county Texas is doing . Have they said how that is going? GLTA
Yes, they keep their shares, but the number would be reduced by the same factor as the reverse split, just as ours would be. A RS is a very stupid thing to do. . . the smart thing to do is increase PPS without dilution. . . they make tons of money and we do too. Isn't that the goal here? Increase profit without diluting shares. Good Luck To Us All!
Historically, looking at other companies that have come off the chill, our PPS should jump significantly.
Three years before a reverse split happens won't trigger a global lock. A RS will raise the stock price, but increase the outstanding shares by a multiplier of 267 since it would take 267 times 0.15 to equal $4. If they get the price up to 0.40, then the reverse split would only need to be 100:1, only diluting our shares by a multiplier of 100. So if you have 1,000,000 and there is a RS of 100 to 1, you would then only have 10,000 shares Your stock would still only be worth $40,000 at 0.4/share.
It would be much better for all shareholders, management included, to increase profits and not dilute shares or do a reverse split. If a RS happens within 3 years of the DTC chill, a global lock would send us (management included) around the bowl and down the hole.
The chill is the best possible thing that could have happened to prevent share dilution, at least for 3 years after the chill is lifted!
You are absolutely right! Profit(significant profit) does need to come into play, but at least the worry of a reverse split is minimal. . . for the foreseeable future. . . so management might as well roll up their sleeves and make profit happen. I agree! It'll give them something to do while the chill is resolved.
The DTC chill may be the best thing that has ever happened to us shareholders! After reading up on it, we all know the DTC chill was imposed because of the 10% bonus given to sharholders at the time. Thank you Vince and Solomon! The chill will go away if management pursues corrective action through a DTC particpant. When it goes away, share prices will move to the fair market value they speak of, about 40 - 50 cents per share.
Now for the good part! A reverse split (during the chill or within 2-3 years of a chill being in place) will trigger a DTC "Global Lock" which causes no shares to be tradable and the vast majority of pink sheet stocks never recover from. So, a reverse split does not seem likely cause I'm sure none of us, management included, wants to see their millions of shares evaporate from a DTC Global Lock! No Dilution! Hooray, DTC! Go UBRG!
We all know after late filings, PR pullback, dismal PPS, and whatever Rainco was supposed to accomplish the only thing that will increase our stock is profit. We need an update on what steps are being taken to make significant profit. I don;t care how much PR happens. . . it all boils down to profit. Get with it UBRG!