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Just wondering. I have purchased shares in this company and have been holding thinking of purchasing more. There has been no information as far as the wells go, the relationship with Questus is somewhat unknown. There has been no status updates on the wells, as far as I could tell from past PR's they should be producing by now. Why do you think you will get any kind of return on this company? As I said just wondering. Not bashing.
I am right there with you. I have spoken th Mr Ali several times he appears honest and genuine. Although it is speculation. I personally believe him he has told me the same story more than once.
If you can buy up some stock we can get the ball rolling ourselves. I will give it one more week then I am a buy buy buy.
I Agree 100%.
2 to 5 is probably a pipe dream. I'd be happy with .25. Don't get your hopes up to high. This buying today is all feel good anticipation. If nothing happens for a week or god forbid 2 we will see .03 easy. If it happens Tuesday or wednesday followed by a feel good pr we will see .15 by the end of next week.
I also recieved the letter.
good point i wont
Thanks for the info.
Have you tried to contact UBRG. I have gotten the exact information and answers. If you think it a scam sell your stock and quit complaining. The drop in stock value sucks for all of us.
I have spoken with Ali as well as with the auditor. The reason for the delay is unknown but it is indeed the auditors fault. Well I suppose UBRGs as well for choosing the auditor. But that is hindsite and can do nothing about it now.
Buy the way they are not difficult to get in touch with so try calling them yourself or sell your stock.
all numbers have been previously been posted.
My conversation with Ali last week was about the same as well. It is the truth.
Thanks for the info.
Has anyone here contacted the auditor?
Add in my 1.3 mil
Go get em.
Thanks
From my conversation with him. My take is he is just as frustrated as we are that the 10K is not out yet and that the stock is tanking.
I guess my main point is that it is all legit, They are doing the best they can, making mistakes on the way and that it will sort it self out. if you looking to make money tommorow too late you lost if you are in for the long term > 6 mo. All will be OK.
sell if your scared
hold if your brave
There were no specifics mentioned. It still does not mean they will loose money
Comon the oil and gas industry is the most profitable of all industries. They are moving to set them selves up well. production, delivery, direct sales.
888-263-2009
I asked for Mr,
Ali
He immidatly answered th phone.
you never really know. They have NDR, texas and progas bottom line I believe they will still do well this year. Thier numbers should be Ok for the year. I do not believe with the increase of Nat Gas that NDR, Texas and progas are going to loose money.
from the S&P report.
Auditor name
S.E.Clark & Company, P.C .
I encourage all to call and see whats taking so long
I spoke with Mr Ali a few minutes ago. He assured me that the issue is with the Auditor. He mentioned that they indeed have lost several deals because the audit is not complete and thier year end numbers would not be as good as they thought. No specifics were mentioned.
He further mentioned that it was the Auditor that told them initially that the 10 K would be released thus prompting the PR.
The hold up is on the Auditor side. He would not give me the Auditors name but did say it is on public record and that as a matter of public record and being shareholders we are free to contact them.
I found the info once and am looking again when I know the auditor info I will post it.
They are not going out of business, they are not lying to the public to increase thier share price. They are stuck waiting for the auditor as are we.
I have always gotten though to him as well. I plan on calling later this afternoon and will post response.
I am also of the same opinion. Very disapointed that the financials are not released yet. I have spoken with Mr Ali several times and convinced he is trying to get this thing moving as far as the financials go UBRG is at the mercy of the auditor and the amount of time they are taking.
Nat Gas is a good place to be. If you all want to sell bring the price down to .04 I will buy them up.
Disclosure 1.2M
Maybe we are the lollipop heads that got suckered into holding.
I must say for a company that wants to push itself tongue next level it is a bit puzzling as to why the seem to have no response or answer to the 10k being late.
I am still holding but do regret not selling at .10 mistake on my part. I would like to see this stock soar but this is a penny stock and the CEO is just confirming that he is indeed an amature.
Sentiment. Lucky if this stock hits .15
Holding.
It states calculated results. It is just an estimation based on last years release. Here is the article
Universal Bioenergy Inc. expected to report Q2 2011 results on July 15, 2011. This event was calculated by Capital IQ (Created on July 9, 2011).
It would make sense however to have the accountant get the 10k and quartlies done at the same time.
It wasn't the CEO. It was the auditor. At least alis story is consistent. Ubrg is at the mercy of the private auditor right now. My take from the conversation was that Ali was just as annoyed about the 10k not being out as we are. After all he does have an investment in the company I cannot believe that he does not want his stock to take off. He will benefit just as we will
I spoke with him as well he gave me the same story. I feel the same way. Just be patient and hold for a week. I believe he is doing everything he can to make this thing fly.
I have an trade account and spoke with them today. They said the shares will post to my account tommorow.
I have been trading this stock for two years and have spoken to Solomon Ali multiple times including this week. I believe he has a plan to increase the value. We all need to be a bit patient UBRG is attempting to take this company to a new level and value. As a business owner I know that does not happen overnite.
Disclaimer. 1,000,000
it is possible the 10k is bad news and there are no deals to issue a pr about.
Still holding and pulling for the best possible outcome. You could also look at it as a reward it is a buying opertunity. This stock might not be this low again.
disapointing day. But could have been worse. Honestly without any info I was expecting a close of .085.
Lets get those financials released UBRG.
not selling.
I have been holding this stock waiting for this timeing for well over a year.
My guess is you will probably see a small sell off before the financials. Unless Ali is smart about it and releases the positive financials this morning or possibly a positive press release about another acusision
If there is no news today. it will be at .85 at the end of the day.
Let's all hope the 10K is good news. If so and possibly another good press release near the end of next week we will all see .25 by Friday.
Today's ride was a nice birthday present
Your pretty optimistic at 5.00. I think if all goes well reality is at about .50. I could be wrong. I must say it would be nice to be wrong.
I think they were reading the message board
They are also probably sitting in their lawn chair in front of thier home business address. Do they even have a building.
Thanks for the update. As an investor I believe it it important for ubrg to at least portray themselves as a company that has it act together. The web site is part of that. How do they expect to atract investors if the business plan they seem to be executing is different than thier public message.
If I were a new investor I would be very hesitant on investing in a dr jeckle and mr Hyde company. Bottom line if they don't have people that want thier stock then it doesn't go up in value
They would be better off removing it and putting up an under construction sign then putting out mixed messages
Buy them up if you can. Eventually they will show us some love and update their web site
You would at least think that UBRG would udate thier website to reflect their current business profile not thier past. They are still promoting their non producing biodesil refinery. If they are going to be a real company then at least look like one.
Lets GO UBRG. Release your financials already and get your web site updated.
How do you know today is the day. Wishfull thinking? Is there any real news coming out of ubrg?
I own over 500,000 shares of ubrg and have traded in this stock for well over a year. I have also spoken to Solomon Ali several times. I must say I am very disappointed that there was not any news today about anything. How about a small press release to give the share holders some hope that this penny company is actually worth our time.
I have been a follower of this stock for quite a while and own quite a few shares and continue to add. I have spoken with Ali several times and have a pretty good feeling about him and the company. It is my opinion that the 10k will not be released until after the the dividend is given. This would prevent or at least mitigate the sell off.