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To all. Wilmot does not care about you the share holder. He has had many opportunities to make a go at this and has done nothing except do more shares. Does anyone even know if there is oil in the wells. He says there is. How can you believe someone that strings share holders along just to enrich him self.
My opinion.
Pick up the phone and call them. The number is on the web site. Complain to someone that matters.
The bad is wilmot. And everything goes thru him.
And how is it you know they have good news.
As I stated previously. It is not such a bad idea. It keeps the short termers and flippers from selling right away. There will be a lag between when they are issued and when they can be sold. If that time is filled with tangible good news then the pps will have time to rise. I have no problem with sending the shares into my broker. I am not looking to sell them.
When you get your shares don't send them to your broker. I'll take them
After the divi is sent out. There will be more good news. I divi shares will not have hit the market yet. And thee pps will rise.
I wasnt worried about the broker issue. You justail them in as Wilma explained. I keeps the flippers from flooding. The market and causing a rapid decline in pps.
It also keeps people from selling them off right away.
Really Wilma. On what do you base that opinion on. I am a lt shareholder of a basher. I have lost faith that management will do what they said they were going to do.
I would really like to know what you base your eternal optimism on
How can you say that. A profit is the only thing that will get this stock price up. I am also long and have been an advocate but I am rapidly losing faith. The late 10q pretty much did it for me. Ubrg makes promises and consistently do not keep them.
Yes, I myself am not very pleased at the effort. There is one more day. Maybe they will release a tantilizing PR near the end of the day tommorow. " FIRST QUARTER PROFIT ACHIEVED "
Id be good with that
Great Post. Yes I too am a LT share holder. With a bit over 2 mil.
Vince, ALI your pump is not working here. It Is time to show results. Lets get this share holder meeting going so we can all get answers to our questions.
Now rising gas prices are a good thing. This is good timing.
Of course they are going to have higher revenue with high gas prices. That is not the issue. The issue is wether or not they make money. PROFIT
Don't get me wrong. I am very pro UBRG. I am just saying that increasing gas prices don't really affect bottom lines for middle men all
That much. Maybe a bit thru scheduling but it all depends on how the contracts were written. A contract is usually to supply a certain amount of something at a set price. If UBRG is forced to by at a higher rate because of higher gas prices then fulfill the contract terms at a lower value that is not necessarily good.
In regards to progas. There has been no published data for production and sales. So one has to assume there is nothing.
UBRG is just a middle man. Higher gas prices just means they pay more for it. I they have signed contracts for less than the current price they lose. They need to buy cheaper or buy and store. They have to increase the margin between what they pay and what they sell it for. THe only benifit I see is if this allows them to increase prices to the users faster than the increases they have to pay.
Now if UBRG was a producer then you have something. But as far as I know there has been 0 production from their Progas division.
That's what I have been saying. A reverse split in the near term is a bad idea. They just simply need to show some profit and the pps will increase.
When is that dmn shareholder meeting suppose to be se we can all get some answers rather than guessing.
a little more detail in your assesment would be nice.
No I am not sure that is why I am asking. If management is going to do something foolish here like know they have a 3 year wait before they can do a reverse split and do it anyway thats a big problem for me.
I am not educated in can happen here with a reverse split and am simply looking for answers.
So are you telling me that they could do a reverse split and not be subject to a global lock which would esentually halt trading on thier stock?
I believe a reverse split would be very bad for share hlders. What is your opinion?
That would esentually wipe out all the shareholders wouldnt it? There would be a name change and reissuing of stock. Am I correct?
I am totally against a reverse split. Any reverse split I have seen has ended badly for the shareholders.
Also, since they are not compliant with the DTCC they would have to wait 3 years before they could do a reverse split. So they could not trade at all. This would defeat the purpose of a reverse split. I shares cannot be bought or sold institutional investors could not but anyway.
I would rather see a sustained stock buy back. They need an investor to infuse cash into the company which would in turn raise the PPS. This would in turn get othere investors to follow suit.
I think a share holder action group was discussed before. anyway I think is a great idea. Sign me up.
Disclosure - 1.6 mil
Are there any longs here that live near the coorprate office?
I WOULD AGREE WITH YOU. I have been a lt bag holder at this point and I would agree that it is time for UBRG to produce. They have lost thier shareholder confidence and now must work to regain.
We are all privi to thier pump and dumps. They now have to do 3 things to gain back my confidence.
1) report on time
2) be a bit more transperant. I for one would like to know exactly who UBRG is paying in shares.
3) SHOW A PROFIT at least for a couple of quarters.
Holding and optimistic
ubrg form 4's
notice there are no sells
A 2011-10-20 ALI SOLOMON RC 4 A-Award --D 5482600.0000 $16839743.0000 3 0001469413 COMMON STOCK
A 2011-10-20 GUEST VINCE MARTINEZ 4 A-Award --D 13005000.0000 17555508.0000 2 0001469386 COMMON STOCK
A 2011-10-19 ALI SOLOMON RC 4 A-Award --D 5482600.0000 11357143.0000 2 0001469413 COMMON STOCK
A 2011-07-12 ALI SOLOMON RC 4 A-Award --D 199868.0000 5874543.0000 1 0001469413 COMMON STOCK
A 2011-07-12 GUEST VINCE MARTINEZ 4 A-Award --D 413683.0000 4550508.0000 1 0001469386 COMMON STOCK
A 2010-09-15 GUEST VINCE MARTINEZ 4 A-Award --D 1411150.0000 4971150.0000 1 0001469386 Common Stock
A 2010-09-15 ALI SOLOMON RC 4 A-Award --D 1411150.0000 4971150.0000 1 0001469413 Common Stock
A 2010-03-26 GUEST VINCE MARTINEZ 4 A-Award --D 1360000.0000 3560000.0000 1 0001469386 Common Stock
A 2010-03-26 Craven Richard Derek 4 A-Award --D 1360000.0000 3560000.0000 1 0001455268 Common Stock
A 2010-03-26 ALI SOLOMON RC 4 A-Award --D 1360000.0000 3560000.0000 1 0001469413 Common Stock
- - ALI SOLOMON RC 3 - --D 2200000.0000 1 0001469413 Common Stock
- - GUEST VINCE MARTINEZ 3 - --D 2200000.0000 1 0001469386 Common Stock
- - Craven Richard Derek 3 - --D 2200000.0000 1 0001455268 Common Stock
I AM STILL WAITING FOR EARNESTS PROOF THAT UBRG IS SELLING.
Earnest please let me know where I can find proof the UBRG is selling.
Thanks Wilma.
Where can I find the filings so I can read them?
HOW DO YOU KNOW THEY ARE SELLING? Do you have inside knowledge? What you say is pure speculation and not fact. The fact is they have to file a report with the SEC before they can sell thier shares.
nice post. well said.
WITH A VOLUME OF OVER A MILLION HOW DO TRADES OF 10K AND 4500 DROP THE STOCK PRICE LIKE THAT?
WHAT WAS THE OVERALL BUY/SELL
I don't want to seem like an as@"@&)(; but are you including others investing in ubrg not knowing they currently have nothing to do with biofuels. This discussion happened 2 years ago. What happened to due diligence. Are the people investing here thinking they are investing in an alternative energy company.
They have not had the conference call yet. It will be after the financials are released
Regardless what you may think a of their fluff prs. This time they at least did what they said they were going to do. That alone has value. If they are on time with their 10k that will give investors confidence which should translate into increased share holder value.
You are wrong. I pay the same price per trade if it is GE or ubrg. There is no extra charge. I trade on etrade.
I can trade this stock freely on etrade no extra fees can buy and sell no problem
Yes same here. There are no restrictions on etrade. Can buy and sell with no extra fees
If you want to talk with them call Ali. I personally have never had any problems getting in touch with him.
Call the number on the web site and ask for Mr Ali.
It wasnt me. I still have them. venting in frustration.
Does anyone know if a pink sheet companies shareholders have voting rights. I have never recieved a proxy ballot for UBRG? Has anyone else?
Dave
Sorry about the wording. I hate typing on a phone. The rainco web site seems pretty open and has posts from mr Ali.
Joro I know you are a bit sceptible you my find more answers there. .