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Heyyyyyyy "J",
That's "MS. Smartypants", if you don't mind...
& I was HAPPY to pick up another 100k today (@.017) thanks to some fool out there who doesn't know a good thing when they see it!
Long GO CAVR!
MB
Solid 'Green' today! All 'Buys'! Awesome!
NBack...
If you have a TDA account and live in the good ol' US of A, You don't need to trade on the FTSE. Its the Europeans that would have to go thru Frankfurt.
Buy all you want, right here!
Go UBRG!
MB
Thanks Kgem for the article,
and this time I say: Amen Israel, Amen!
Amen Kgem, Amen!
Hi V63,
To clear up your thinking...
The end of the QTR., is Sep. 30th (Mar. 31st, June 30th, Sep. 30th and Dec. 31st.)
Reports are due 45 days later (according to my memory), there is some debate, that the timetable has changed to: due 30 days from EOQ.
Someone please correct me if I'm wrong.
So according to that 45 day timetable, 3rd qtr reports are due mid Nov. It sounds like Ali wants to get it out sooner. YAY!
Again, someone please correct me if I am wrong.
MB
Did You Call??? ..... ;) ...LOL!
MB
Yes, I tend to think that those who do the most 'scam screaming' have never started up a business of their own. They have NO CLUE how many obstacles there can be. The good thing is... Billy has more than one source of income for the company, so it's only a matter of time... & I don't mind waiting for the good stuff!
MB
Thanks for the link, Johnsyn.
I wonder if the parking lot to the east of the building is theirs also. It looks like a nice spot to grow from.
MB
Back to the video..... they could have used better background music.... maybe more of the Starwars soundtrack!
I went into my control panel on the PC and messed with the sound settings and it perked right up... good sound now.
MB
Billy is apologizing right now for the techno problems...
Thank you Billy!!
Thanks!
I'm in with that #... thank you!
Who is speaking?
CAVU's #'s
Phone: 504-722-7402
Fax: 918-782-0776
I can't get in either!
Should we stand by?
MB
I just checked the webcast page and the time zone has now been changed to reflect "CENTRAL time zone", so now it matches the CAVU PR..... and NOW I'm confused, so I'm just gonna see what happens.
Good Luck all...
Go CAVR!!
MB
Okay, it's now 3:03 Eastern time and The site is not open, so I guess that means I wait an hour, sorry if I alarmed anyone earlier, I only posted what was on the site and it wasn't matching at that time.
MB
Attention all...
I just clicked onto the shareholder meeting link and found this message for today's webcast, please notice that the time zone is different from what the CAVU shareholder notice stated (central time):
CAVU RESOURCES INC is hosting a Virtual Shareholder Meeting on Friday, September 16, 2011 at 3:00 p.m. Eastern Time. Shareholders of record will be able to vote and ask questions online during the meeting. If you would like to attend the virtual meeting and you have your 12-digit control number, please go to www.virtualshareholdermeeting.com/cavr 5 minutes prior to the start of the meeting to log in. If you came through your brokerage firm's website and do not have your control number, you can gain access to the meeting by logging into your brokerage firm's website 5 minutes prior to the meeting start, selecting the shareholder communications mailbox to link through to the meeting and the control number will automatically populate.
Draaz,
Here is a paragraph from a company PR, you can read the entire PR on post # 7929 or in the company news:
CAVU's recent Proxy requires a vote of the shareholders to approve the spinout of its newly merged subsidiary CAVU Energy Services, Inc. as a standalone public company. The management has spent the last three years building value for its shareholders; the proposed spinout will give CAVU shareholders ownership in two public companies. To clear up any confusion relating to this transaction, the shareholders of record on July 27, 2011 will vote the Proxy; in the event that the shareholders approve the spinoff of the subsidiary as proposed in the Proxy, then the shareholders of record as of August 19, 2011 will receive shares of CVE on a 1:40 basis. The shares of common stock of CVE will be issued with a restrictive legend that will prohibit the resale of such stock until CVE files a registration statement on Form S-1.
Draaz,
The spin-off shares...ARE...the dividend!
Draaz,
The way I understood it, you had to be a shareholder of record: Aug. 19, 2011. The dividends are to be paid in shares of the spin-off company. Those new shares will not be tradeable until CAVU has completed all requirements for the spin-off (CVE) to be fully listed/fully reporting on one of the big boards (AMEX/NASDAQ/NYSE).
My take on this divi is: (CVE) must meet certain financial requirements, AND must meet a 'minimum' number of shareholders. So, with CAVU giving us all divi 'shares' that cannot be traded until they tell us, we are instantly their 'required' shareholder base. I don't know if we would be able to purchase more (CVE) shares after the divi distribution, I am guessing that answer may be 'NO', and I think that (CVE) is meant to be built up till it can be introduced as an IPO, so that is why our shares will have no value and cannot be traded for a while.
ALSO, the final symbol cannot be "CVE", [that's already taken] so the IPO will ultimately be a different symbol. Either way, we will be sitting on these divi's till CAVU works everything out.
Judging from the last time I received 'shares' as a divi [from another company], the new shares showed up in my TDA account, under the heading of "Unrealized Gains", once those shares were fully processed, they moved over into my active account. I fully expect my (CVE) divi shares to sit in my "Unrealized Gains" file until the spin-off goes public, at that time they will achieve value and be tradeable.
BTW,
Do NOT take what I have said as Gospel, I promise you that I am only guessing! Do your own research, draw your own conclusions!
MB
R2R,
As stated previously.....
If you own 40 shares of CAVR, you will recieve ONE (1) share of CVE, now do the math.
Yes, you keep your CAVR.
Yes, you will now also own CVE.
No, you cannot sell your CVE until the company has filled the necessary paperwork.
No, I don't know when that will be.
& Yes, they plan on making "CVE" fully reporting, on a bigger board.
No, I don't know if there are plans to take CAVR to a bigger board...
Okay?!
If anyone thinks that I have made any errors in my post, please correct me on it, I'm just going from my notes here.
GLTA
GO CAVU!
HOLDING!
Thanks Erwin, It worked beautifully! Now, can you tell me how I can fix my stocks so they only go UP!?!?!?
Just kidding!
Thanks again,
MB
Can anyone help please...
Since yesterday mid-day, I have been unable to pull up the trades page of any stock. I have not changed any of my settings, and this is driving me crazy. I am also having trouble staying logged in. Any thoughts?
YMCMB... you can add my 100K to your list of 'inquiring minds want to know'.
MB
I haven't looked at UBRG's last PR since it came out, but I decided to re-read it since there are so many complaints about the 10k not being released, so here is the quoted PR & my take on it:
"Universal Bioenergy Inc. (Pink Sheets:UBRG), a natural and alternative energy company confirms that it expects filing its Form 10K Annual Report with audited financials with the U.S. Securities and Exchange Commission next week."
That would have been this past week, thru the 8th, and I believe was meant to coincide with the Divvies.
"The Board of Directors met with its Certified Public Accountants and Independent Auditors this week to review the final details and status of the audit for Universal Bioenergy and NDR Energy Group. The Company is working diligently with its certified public accountants, independent auditors and legal counsel to complete the final review and approvals for filing the Report.
Universal's President Vince M. Guest states, "We wish to apologize for any inconvenience this filing delay may have caused to our shareholders, stakeholders and the investment community. This has taken a great amount of effort for us, due to all of the major activity during 2010, in terms of acquisitions, joint ventures and the intensive drive for revenues. However, we want to ensure our Shareholders that we are reporting the most accurate information and financial statements in the Form 10K Annual Report, for full compliance with FINRA, GAAP and SEC guidelines."
"We are very excited about the audited financials that will be filed. We believe the numbers will fully confirm and support all of the activities and information that has been released in the news this past year. It will also demonstrate our successes and prove that we accomplished the goals we set out to achieve, and did what we said we would do. We have not released any news to the public recently because we wanted to place a major focus on completing our financials for filing. However, Management has been working on several major acquisitions and transactions, and will release information on these to the public after we have completed the filing of our financials. We are very excited and encouraged about these and believe our shareholders will be also, as we expect it to bring them significant value," says Solomon Ali, Universal's Senior Vice President."
No where does it say that the financials will be released anytime this past week. It clearly states: "AFTER" the filings.
They have fulfilled their promise and delivered the Divvies by the 8th, and I am confident that they will post the 10k and/or any other info that they may have for us, following the completion of the filings, As they said.
I'm willing to wait... without whining!
JMHO
GLTA
MB
D-trdr, It's tuff just sitting and waiting for news. The 18th will tell the story.
As for that 'computer screen', that was probably the only way to show the power output; it may have been an Oscilloscope, or a program to that effect.
MB
D-trdr,
In my TD acct. listed in my "Balances and Positions" part, it is still listed without the additional divvie shares, but when I go into my "Gain/Loss' section, the shares are listed as "Unrealized Gains"
Go back to your account and poke around a little, you should find evidence of them somewhere. I am guessing that on Monday, all shares will be showing on my "Balances and Positions" page. Today being the 'payout' day, includes the WHOLE day, right up till closing, that's why I don't think my account is fully posting yet.
Or just call your brokerage for confirmation and explanation.
GLTY
MB
I didn't mean to open a can of worms but,that was just one of my thoughts, another is: (please don't take this as fact, I'm only guessing here)
What if they have plugged the 'Generator' into that 'strip mall' bldg. in order to show it actually tied in and functioning; enhancing the actual power running during the demo. Just another reason why the Ramada wouldn't let them do it there.
I pulled their presentation and read it again; I believe they had a scaled down model there as they stated. Larger Professional conference centers I believe, would carry a more broad based insurance, as well as the insurance provided by the sponsors of the venue. It's kinda like a rock band on tour. The stadium will have their broad based insurance, but the band will have their own....
* Of course, this is all a guess on my part, I'm no expert!
There are any number of "What If's", only the O/H will tell us the story. I for one am gonna wait to see what happens!
Allow me to demonstrate our PSGS system with this reduced, scalable system.
Power can originate from any source. As you can see we are generating power in kilowatts, rather than
megawatts in this scaled demonstration model. Please observe the power notation on the computer screen, as
the engine now takes this power and increases it tenfold. The output may be seen here. It is really that
uncomplicated and our model is completely scalable. This means that we can power every city represented in
this room;
Has anyone considered insurance coverage for a product of this nature. What if The 'strip mall' bldg. is already fully insured for what they are doing. The local Ramada, might have turned them down for that reason. Just sayin!
MB
Care to Share what was in the e-mails.... Hmmm?
D-trdr
If you have TD Ameritrade, log on, click on Accounts, click on Gain/Loss, Click on "UNREALIZED Gain/Loss (middle of page), Check your UBRG holdings.
If you have a diff. Brokerage, Sorry, I can't help you.
HAPPY INDEPENDENCE DAY!
All those who got their Divvie shares say AYE!
"AYE"
MB
I called TDAmeritrade about the stock Divvie schedule and was told that on the 8th, UBRG would transfer the Dividends to the Brokerages, who will then disburse the appropriate shares to shareholders of record, which should take 2-3 BUSINESS days. We should have our additional shares by about the 12th/13th.
Feel free to check with your own brokerage house.
MB
TD is already showing a bounce to .10 this morning (I think pre-open)
MB
D-trdr,
I would assume that your computer records at Scottrade or TD or where-ever, have a way of identifying who owns UBRG stock. But it probly wouldn't hurt to call your company and ask them, that's what I'm gonna do tomorrow.
MB
D-trdr,
Company said shares should be purchased by today so they have 3 days to clear your account. Actual day of holding is July 1.
Thinking of adding more myself. GLTY
MB
WoW... What was that dip to .0156?
MB
I 'pinched' this from another message board, so I can't tell you if it is real or not, but if so, then it's a good read. Not looking for any responses, just sharing what I found, don't blame me!
MB
-------
Messages in Topic
This is straight from UBRG Investment Relations (posted 3-Jun-11 03:43 pm)
In response to an e-mail I sent:
Mark,
Thank you for your interest in our Company, we certainly appreciate you concerns. We aplogize for the late response.
1. We recommend that our current or propective shareholders refer to the official information coming directly from the Company and the filings with the SEC. We caution everyone not to rely on information that is posted on some internet message boards, as this is not offical and is unreliable. We do have our marketing people check the various message boards and blogs sites daily to get a "sense or feel" for what information is out there about the the Company. However, we cannot respond to the information posted there.
2.For more info on the Company, check out our news releases and the Standard & Poor's, weekly "Factual Stock Report" on the Company.
3. All of the financial records for the Company for 2008, 2009 and the 1st, 2nd and 3rd Quarters for 2010 have been filed with the SEC and can be located on their website at; www.sec.gov. All of the contracts are real and they are reviewed by the CPA's, Auditors and by our legal counsel. I don't believe they would all risk losing their licenses and careers in puting out false information to the public.
4. It's been a lot of work trying to audit two separate companies for the Form 10K. We're working diligently with our CPA's staff, Auditors and legal counsel to get it complete. We're almost nearing the finish line. We plan to have it filed shortly with the SEC, and will inform the public.
5. With regard to the case of "SEC v Abellan", we discovered the matter in April of 2010, while completing the Form 10K and audit for 2009. We were all very concerned. The Board of Directors immediately passed a resolution authorizing a full and complete independent investigation of the matter by our Auditors and attorneys. We have nothing to hide. Howevr, Universal Bioenergy was never the subject of an investigation by the SEC. Therefore, Management in concert with our CPA's, Auditor's and legal counsel decided it was in the best interests of the Company, the public and our shareholders to fully disclose this information once the investigation was complete. Since the investigation, all of the old management and board members no longer work for the Company. As was indicated in our 2009 Form 10K, "Current management has also recently become aware that former management was contacted by SEC enforcement pertaining to the above related to an informal investigation of "another co mpany". It should be noted that the Company and its then management were not the focus of the informal investigation. According to the court filings in SEC vs. Abellan et al, the SEC was not able to obtain the Andorran banking records of Lacroix and Mortensen, and accordingly cannot currently definitively link the funds invested in the Company to the illegal activities of Abellan."
Our goal is to build a good, strong and profitable company for the long-term.
Have a great day!
Finally, some good news?
http://www.asx.com.au/asxpdf/20110602/pdf/41z01vtwr403d6.pdf
MB