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Garbage Ali's shady financial statement claims and the absence of filing financial reports for a public company.
The answer I was looking for; so why are many investors giving excuses for getting ripped off, instead of seeking chastisement from this mgmt.?i.e. legal repercussions for fraud, it's time for some heads to roll.
The ultimate question is who all from REVO is responsible for the 10 day suspension provided by SEC, or was the SEC just feeling ornery that particular day?
No one seems to be addressing this issue.
I'm wondering what happened to all those acquisitions, record breaking monthly revenues, and profit PR's like back in the good ole days. I guess the circus left town.
I think UBR-Ali will get suspended if they DO file because it would prove that they lie, cheat, and stole, and laughed their ass off all the way to the bank!
4 more suspensions due to delinquent financials today,
funny how this one keeps dodging the bullet-
Piiiiinnnngggg...WHOA, that one was pretty close
BigMoneyAtl, here's the link ( I Hope )
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79666215
It would be wise to read the sticky note on SEC suspensions and revocations, by Renee; post #207 on the board list.
Almost forgot, the vol. is 300,000. SO
don't pop the corks on the champagne just yet !!
Appears this web page is having some issues today.
The bid is .0004 and the ask is .0005... just in case.
Might I suggest you send this as an email; Ali is the PR guy.
I have never believed either of Ali's Co. are scam operations, and the accusation of such belongs in the court. But I do believe the PR's of both Co. are misleading, the manipulation of funds in one pocket for shares in the other is questionable, the fact that gross negligence with consistently late filings is obvious, and the trustworthiness of such business practices is completely lost, and that Ali needs to turn in his resignation to save both Co.'s, because HE is responsible not the SEC for doing this. Check out the 8K for UBRG and you will see the same players, doing the same thing as here including all of the previously mentioned. The only difference is that the PR's have ceased for several months, but the old ones said the same thing; buy back etc. etc. etc. I will be surprised if the stakeholders don't vote him out of there, to say the least.
Gloom and doom on the Grey sheets, and I'm hoping Ali get fired because I don't see that there is hope for either company he is running if he stays on. The PR relations and Investor Relations guy is responsible for the activities of the stock.
BRAVO, my thought exactly!
UBRG might be next!
Shifty eyes Ali, can't even look into a camera lens when telling a lie. That's why his PR's are so good.
WAY to much doom and gloom,
if Ali keeps his job after this one.
THAT would be sad...please don't cry
After review of the suspension notice of Ali's other Co. I now don't see any conspiracy theory's since both Greenwich and Ali are also UBRG associates, late filings, and caught making deals that didn't get made all of which would have been audited as such, hence no 10K, 10Q, etc. I'm wondering if the headmaster planner of investor relations is going to end up in the unemployment line. I'm not theorizing, just makes sense... but keeping an eye on the sec suspension list. GLTA we're going to need it. Or is it to late for luck?
Probably not
All heads will roll since they will cease to become a public entity very soon - just wonder if management here cares enough to shape up or ship out special interests to save UBRG... from the same fate.
yeah, maybe a little bit but was based on the suspension and grey market of Ali's other Co. I think it's doomed. Sure don't want that to happen here.
Wilma, now I'm beginning to wonder if they haven't filed because they have something to hide? Kind of like the Co. next door( now Grey). Death sentence. And also if Ali is going to still be employed? I'm sure UBRG is probably under the SEC microscope.
Heads will roll!!!
I have no doubt, someone or someone's will be losing their job over this one! We'll see after 10 days is up, but if things go grey... you don't just flush a Co. down the toilet and go back to work as usual.
Well I was thinking about buying a mil. of this when the ask reached .0003, bring down the pps, but after reading your post about REVO, I think maybe I should just get some beer instead.
Transfer agent had nothing, said call investor relations of the Co. so............ who knows
I'll call etrade and see if they can bring it up to date - let you know.
O/S is still 2.8 Big ones, but who knows how long that will last?
If the ask does I'm getting some cheapies and bring down that pps
Appears to be inching it's way up...no more .0003's.
If there was no MM activity, I have no earthly idea how this stock could have moved so much on so little vol. except maybe... Aliens???
Actually, MM's are a lot like the FED., they can create shares literally out of thin air. If you would care to review their rules sometime it can help one avoid being taken by one of their gimmicks. And even though naked shorting "isn't allowed" it actually is allowed due to the fact THEY CAN.
May not be accurate, how did it move from .0005 to .0008 on such weak volume? With a 2.8 BILLION O/S?
The ask is .0007 and the value is .0008
They're having a sale
Well, I guess it's not an ideal world - dilution happens
But what happens to o/s currently at 2.8Big ones?
They show an intent to file in the 8K, which you can be sure they will. It looks as though V. Guest may be CEO of UBRG/NDR. I guess they felt 2 CEO's wasn't necessary, since only one company brings in revenues from actual distribution of tangible product. I'm pretty sure that's the case and sounds efficient anyway. The A/S might be cause for concern. Why would they feel that they need that much?
I would venture to guess NDR CEO is UBRG CEO.
No form 4 to suggest otherwise as UBRG still has 51%.
Nothings new, except lots of a/s!!!!!!!!!!!!!!!!!!!!
Likewise disappointed,
reminds me of the way Congress keeps kicking the can down the road by increasing the debt limit. Same thing.
I think they are pinching their pennies and will get caught up nd start filing again. No more authorized shares and so they have to run it like a private business which takes a lot longer imo.
But looks like someone bought something today.
Shows that they're moving forward, but the market stayed the same.
Which is ok. Agree.
I'll keep an eye on it, pretty safe bet if they are staying in business.
I've never seen it go to .0003 ask, but .0004 ask and bid several times. I'm thinking about getting my pps down a couple of ticks, see how it goes. GL