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I agree with your statement. I don't think the stock was diluted in a true sense, rather, this is the vehicle the managers will use to get paid once the R/M goes through. Its the best and cleanest way to merge the company and guarantee a payout. Likely the merger candidate will purchase the restricted stock and not reissue them. More important number is the Float and that seems to remain constant.
Fidelity is locking it out as well.
Like Hardlesson said it came from Ethan and seemed to be personal something about a lost debit card
Hey Nate I have been watching the flat for well over a year and it has not fluctuated significantly but is a good number imo
It’s a software company not as exciting as a lithium company. Only hope is that they may be a subsidiary of oracle otherwise, eh…
Thank you all. At this this point and please correct me if I am wrong but I think the only thing standing in our way to make this current is an attorney opinion letter verifying the information in the annual report
I believe they are the same, the former joined the latter law firm in July 2022 according to his bio
VESL LLC named as an affiliate, looks like we have confirmation that’s the rm candidate
Yes security counsel was added but it’s the same attorney. The attorney joined that firm in beginning of July 2022
No Worries, if a person doesn't have thick skin, they should not be on any social media sites. Also, I agree, we all are a bit guarded here especially knowing the history. However, looks like these are legit players here and hopefully it is just a matter of time before something is announced.
Hi Folks and the plot thickens, god willing for all of us who stuck it out, start figuring out what you plan on doing with all that money you will get from this in the future lol (no clue if if that will happen but a person can dream. What i found odd was after performing a couple of google searches, it looks like Marc Indeglia recent joined Glaser Weil, a prominent LA law firm, as a partner. He came in from a lucrative private practice so I found it odd that he would go to that particular law firm unless there was a reason. VESL LLC, if it is the one I believe it to be, is a software company that handles oracle applications. I looked into Oracle America to see if there was any connection and it turns out that the Senior Director, Legal, and Regional Compliance & Ethics Officer at Oracle America, Inc., Su Kwak, actually worked for Glaser and Weil in the early 2000's. She would likely be the one to choose the law firm to set up any subsidiaries. I'm guessing (again assuming I am correct) is a subsidiary of Oracle which could be very good for all of us. I agree one step at a time but keeping my fingers crossed as nothing has been officially announced yet. GLTA!
Indeglia is now listed as security counsel for CUBV same attorney that formed the VESL LLC in Wyoming. more evidence mounting for VESL LLC
I didn’t feel like writing all that, so thank you but yes lol. I thought they may have used the address using a ups box but looks like it’s more than just ups. One business at that location is a software consulting firm.
Thank you! IMHO Looks like the CUBV was acquired by Vesl LLC which is a software company wanting to go public. The new CUBV address also is the same for Vesl LLC. Both are Wyoming companies. Also annual report states they may merge with a software company. Evidence suggest that may be the one
That would be the right thing to do. Pay it and move on. Poor business practice to keep fighting
“The stock market is a device of transferring money from the inpatient to the patient” (not sure of the author)
They probably shut it down because of the inquiries or it could have been hacked. Who knows but they put out financials I can’t see them not filing them with otc.
Quick glance at financials they mention they are exploring many options but specifically list “mobile app development” page 8 paragraph (5)
I get why you are upset about it but think for a second. Part of the shares given was to settle the judgement the other shares are for compensation. Remember MW sued and paid money to get rid of Alex. She has been with the company for some time. Isn’t she at entitled to some compensation? Remember we got rid of slavery about 160 years ago lol. she shouldn’t have to work for free!
Then why spend money to overturn the Sharp judgement?
Agreed, I don't think they abandoned the company as something is certainly afoot but as to what who knows at this point. Really can not come up with a good explanation as to why the lack of communication. Secondly, it looks as if they filed papers to reverse the Sharp summary judgement order. They are doing something and would not spend money on this unless there was something there. Next return date on that motion is June 17 for a hearing. Going EM may be part of their legal strategy in some way.
We tried like hell to poke the bear on this one to get to them to move by making making threats that file grievances etc and they still did not move. Always worked with GM but this group has a bit more gumption. Tells me they feel they are in the right in some way to withhold communication.
Key here is like someone else said...Patience. I think we will get our money eventually but this will not happen overnight.
All great questions! As previously stated feds sometimes open up and file an old case as a precursor to something bigger. By filing it opens other doors that they would not normally have access to. People will throw out all sorts of info when they are scared of being prosecuted. At this point who knows…
No one is ever looking to go to jail, but their actions unfortunately wind them up there sometimes. She may have originally had good intentions but the lack of communication is worrisome and perhaps they now know they are on the radar and have to sure up any loose ends. However financials are sworn statements subject to perjury and other charges. Each day that goes by only fuels the speculation that something terribly wrong is happening. Feds don’t pursue a 10 year old case out of the blue without having an agenda of some sorts not do they usually file a case unless it’s ironclad
The tree is being shook to get rid of the bad fruit. Again, if they did nothing wrong, they have nothing to worry about. But I welcome any investigation at this point, let’s get to the bottom of this and let’s move on
Lol Sharp is just the ring leader at another circus. You give him too much credence I’m sure his attorneys will scold at him later but his ego is too large to avoid making a comment. Hopefully you don’t get burnt by him but imo he is nothing but bad news. A “D” lister trying to be an “A” lister
I agree but his attorneys probably told him to stay quiet after the plethora of sec complaints he probably received. This is pure speculation, but I would imagine he’s in a bit of hot water right now having to respond to the complaints
The evidence does certainly point in that direction! I am really hoping they do the right thing here and file the financials. It will be so much easier in the long run and put to rest any and all speculation. I have to believe they are reading this thread and know the potential wrath that awaits them if they do not act. Their fate is in their own hands at this point and anything terrible can certainly be avoided.
Understand the concern and before you contemplate taking such drastic actions make sure you are committed. Here’s my thought process, if I file a grievance against the CEO since he is an attorney (we believe), his hand is forced to respond. They will evaluate his response to determine his veracity etc, he will need to provide supporting docs to establish there was no conflict of interest and he is acting in good faith. If it is indeed true he is then this goes off into the sunset. That would be good news because he provided enough evidence to support he is acting in good faith. You should receive a decision from the grievance committee stating the outcome. Alternatively, if he can’t prove he is indeed acting in good faith, well then he will have the full weight of the California state bar coming down in him. Ultimately he has nothing to worry if he did the right thing. However his lack of communication gives rise to the appearance of impropriety which is all the evidence you need to support a grievance. This is not a blind or retaliatory grievance in fact it’s quite the opposite. A reasonable person would at least respond to the inquiries and give some info as to what is going on. The lack of that very thing gives rise to a suspicion of inappropriate activity. God willing I hope I am wrong and we don’t have and Alex and George 2.0. Hope that helps but at this point I can’t see any other plausible alternative which is unfortunate. I never want to go after someone’s livelihood but they are really not giving us any other option at this point. Hope the foregoing made sense and your farm is ok.
Honestly, how many of you have done some variation of of what Luna suggested in her post? How many of you have tried to contact management but to no avail? I bet there is a significant number. Secondly has anyone ever received a response from them in the past 2 months since the last tweet? Because honestly, I am sure someone would have posted something here if they responded. To the best of my knowledge, there are not many shareholders and I would surmise most of us watch this board pretty religiously for information since it's our only source at the moment. At this point, in my opinion, taking Luna's suggestion to write the company in most circumstances s good, I believe it to be futile and will only lay upon deaf ear
Each day that goes by without information from management only fuels the speculation that some kind of illegal activity is going on with this security. I can't help but think that they may very well be afraid to post something in fear of being chastised as a misrepresentation/lying and if they do any information posted can subject themselves to criminal and/or sec sanctions. They have a constitutional right to remain silent, perhaps they are using it. The more time that goes by without communication only swings the pendulum in the direction that they are doing something bad and/or illegal. It does not take very long to send out some type of message.
In a perfect world that would be a plausible thing to do, however from experience they do not respond. Not sure if you had a different experience but at least from my advantage point every attempt at communication is received with crickets.
It's been two months since any communication as you pointed out. TWO MONTHS! Even you seem to have doubts at this point in light of the lack of communication. And you are absolutely correct, all he has to do to overcome any grievance against his law license is demonstrate he has been working on things, but isn't that what we want? Some answers at this point? some form of communication and reassurance? Some indication as to what they are up to? I agree a grievance today would be somewhat premature, but he is getting dangerously close, like in the next week or so. There was also a significant event regarding the restricted stock that triggers a notice of some kind. Needless to say the clock is ticking and the hour glass is about empty.
I completely agree with you that these things take time. However, the lack of communication is worrisome. He is an attorney, as such, he well aware of the obligations he has to shareholders. I am sure this is not his first rodeo and he belongs to a firm that is well versed in the art of cooperate law and securities. All he has to do is probably walk down the hallway or send a simple text if he has any questions. At this point, we have every reason to believe malfeasance is occurring due to lack of communication. Simplest and most cost effective way for shareholders to investigate this, is to file a grievance against him with he state bar. If everything is legitimate, he will have nothing to worry about and the grievance committee will validate the same. But if some shenanigan's are going on, well he will have to answer to his behavior and face consequences. At least we will know and have some information after a bar grievance investigation. At this point, options are extremely limited as to what shareholders can do and at this point only nuclear options seem to be viable.
Every day this goes by without communication and/or filings from management only adds to the speculation that malfeasance has occurred by current management. If the company goes to expert, I will be inclined to file a grievance complaint with the California State Bar against the new CEO Engel, in hope an investigation ensues. Hopefully, if my hunch is correct that there is some wrong doing here, hopefully it leads to his suspension/disbarment to ensure he is not able to do this again. Additionally, will file something with the SEC to make sure he is precluded from dealing with any securities as well, along with the rest of management. I strongly suggest you all do the same since they have all had ample opportunity to make this right but refuse to do so.
The satisfaction filed by GM was voided and no future appearances. As such, the original MW debt is still valid. I really can't see MW letting this die with over $300K that is owed to her. Why go through the trouble of reversing it if the company is defunct?
Within the first half hour of trading looks like about 3 million shares sold, nothing sold after 9:50am est. Afterwards, about 1.3 million shares purchased this morning. Looks as if it scared only a few while the rest of us may be suckers lol. However, I would find it hard to believe they would allow this to go to "expert" especially in light of the fact of the distribution of restricted shares, the new CEO, and other updated info on OTC. Still hopeful but not as confident as I once was.
To be honest, no clue. Every scenario thrown out thus far is plausible. One I have not heard yet and which is very plausible that the managers took shares as compensation. Nevertheless, it’s a significant event that warrants a filing.
While a good idea in theory I would surmise there are only a few shareholders left at this point. Keep in mind the last report in October said there were only about 300 shareholders and I am sure that number has dwindled considerably over the past few months. Be patient, something’s brewing as to what it’s anyones guess.
Negative, a sell just went through for 100k. No one wants to jump in at this point because there is no communication from management. Meanwhile no one wants to sell because we are pot committed at this point. I thought the new CEO would be our Knight in Shining Armor but it is turning out he is merely the jester.
I don’t think the company did anything here. The registered agent changed its name and structure and then had to change it for all of their clients which included CUBV. It’s in essence pushing the same stack of paper from one side of the deck to the other, but it wasn’t cubv management that did. Obvious to me the ra never even contacted CUBV managers because it still had GM listed as the contact. I really do not think this is anything
Agent still the same, only difference is that the agent changed its official name and corp structure. It went from a corp to an LLC. Nothing exciting. In fact they still had Morgan’s name listed as a contact. Some agent they didn’t even know he is no longer associated. Lol. Secondly those aren’t the annual financials we are looking for
No, I believe it’s Friday 4/22
That we will! I want to say it’s 4/22 but I could be mistaken.