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Completely agree - nobody will trust the CEO now
Purposely adds billions to sell, dilutes the stock to his advantage, crashes the price and any value the shareholders had, then announces a R/S.
The actions and words of the CEO do not inspire confidence nor credibility - has me wondering if the product itself is even legitimate - or just a tool to allow self-enrichment via share selling.
Just another typical OTC stinky pinky.
Add billions of shares, sell them, then reverse split.
Shame, could have been a good merger.
Odd that the other advisor is still listed?
Perhaps they found out that Doc has delivered nothing of note to his shareholders in over 10 years? Other than tweets and false hope that is.
Pink doesn't count - I'm talking actual business progress and provable delivery.
In reality, there's been nothing.
So much for integrity.
Doc has been saying things like this for over a decade
The complete lack of delivery is more amazing
There was no quiet period.
And as of this moment, the only people getting their asses kicked are the shareholders.
'Documents being prepared' suggests nothing has yet been completed. 'Delivery for a Happy New Year' indicates it won't be done until some point in 2022. Classic Doc.
Let's hope this typically vague 'rescue' tweet doesn't drop the stock like the last few did - if it were anything of real value he would release an official PR - you know, like actual CEO's do, for bona fide companies.
Ultimately, despite the myriad of dots and widespread conjecture we are no closer to knowing what UNVC actually is, or if it will ever have the potential to turn a profit.
If this Tweet pops the stock, watch the exits... Doc promises and alludes to the heavens, but in reality, has thus far delivered nothing of value to his shareholders.
As the recent price shows, people are fed up with his complete lack of transparency - and I'd speculate Doc only Tweeted to try and save his share price.
My guess is there is no reverse merger
So around 5 cents.
Two scenarios lead to 'official' quiet periods
Quarterly filings and Registration Statements
The company itself may instill 'blackout periods' during M&A's, new product launches, business deals etc - but these are predominantly to prevent the possibility of insider trading and to avoid SEC scrutiny - they are not SEC officially mandated 'quiet' periods.
https://corporatefinanceinstitute.com/resources/knowledge/finance/quiet-period/
If Doc has indeed filed an S1 - confidentially or not - which mandates an 'official quiet period', there is nothing to prevent him publicly announcing the initiation of the registration process. The actual filing would remain 'confidential' until deemed effective by both the SEC and the applying company, at which point it would become public.
Doc states UNVC is in a quiet period
As his last quarterly was 9/30, it is not due to that.
So the logical determination would be that he has filed an S-1 / Registration Statement. If that is indeed the case, and even though you can file an S-1 ‘confidentially’, there is nothing stopping him from announcing he has submitted an S-1 to his shareholders - it is allowed by the SEC rules.
Coinbase, as an example:
https://www.theblockcrypto.com/linked/88293/coinbase-s-1-potential-ipo-filing
I struggle to understand why Doc wouldn't make an official announcement - it would be of huge benefit to UNVC, its shareholders, and the stock price.
The least transparent CEO on the OTC.
And that's saying something.
More dots than PacMan.
UNVC has more quiet periods than a monastery.
Third or fourth alleged 'quiet period' this year? None have been correct.
Always conjecture, with little in terms of delivery.
Paintbrushes at the ready...
Trust me, nobody here is freaking out.
We’ve seen it all before - and we all hold shares
Let’s see if Doc delivers anything beyond a pump to sell his shares at a higher value - looks like he can get stuff done when it’s in his personal interest to do so.
106 shareholders in ‘street’ name is not the same as 106 shareholders…
Doc doesn’t need to sell restricted shares, he owns the majority of the common float.
Ever heard of 'pumping' a stock?
Because that is exactly what is what Doc is doing, all so he can get higher prices for his personal shares - it's what he does after he has enriched himself that really counts.
No FOMO here, it will be very interesting to see what happens with the stock price after the BioRemedies PR, and the fact they are a 'partner' rather than part of UNVC.
So Doc can sell at a higher price.
Pretty obvious it was going to happen.
Or an actual business.
70% drop in price is 'going very well'?
That post is 10 months old, hasn't happened yet.
Maybe the train needs urgent repairs.
How did that 'big week' work out?
Perhaps it was just a big week because Dalton could file to sell those $1.8 million of self-enriching shares?
Already have my cheapies, only reason I'm still here - and I have a feeling there will be more available soon - if you want them, that is.
Maybe ask Doc about the 'integrity' thing.
Insiders cannot sell until pink current
Which is why he did not do it at the high, UNVC was not current at that point.
Genius, once again... none so blind etc
Within a couple of days Doc has already managed to convince his hardcore investors that him selling $1.8 million dollars worth of his personal shares is to the benefit of the company, rather than himself - hilarious.
Especially when he previously went to great lengths to give the impression UNVC would be so cash rich it wouldn't require any outside investment or need to raise any kind of funding.
Why would the CEO would need to raise a million after tax to fund 'acquisition and growth' when so many massive and ridiculously profitable companies have been speculated to be rolling into the conglomerate?
I've never seen so many people be so thrilled that the stock they invested in has dropped almost 70% in a matter of weeks, or that their CEO is selling shares for his own personal benefit - all before actually delivering anything advantageous to the company or shareholders.
Correct - he won't - UNVC closed at 0.056
And now the public know that the CEO will be selling shares, the price is highly likely to continue it's downward path.
$144 million market cap for a company whose annual revenues are lower than the median US salary of $35k?
It's almost ironic that the first SEC filing for UNVC in over a decade was filed so Doc can enrich himself.
As of this moment, he has delivered nothing tangible for his shareholders other than rumor and expectation.
Doc is the master of the misleading tweet.
He hasn't delivered on anything other than Pink, and even then I believe he only went current only to avoid delisting.
Which is why the only way it has 'rolled' is downward.
Share price is almost a third of the YTD high.
Good work Doc.
Nothing - other than the terrible share price.
But with his 0.00001 par value, and the number of shares he owns, I'd imagine current price is all but irrelevant to him - it's all cash in the bank.
In my opinion, the entire situation stinks.
If it walks like a duck and looks like a duck...
Oh, and don't forget - if Doc did 'lend' money to UNVC it would be added to his accrued liabilities to be reclaimed at some point in the future, and he would get interest on it as well... or millions / billions more shares.
When he sells, it will be a 'big week' for him - and him alone. For his investors, not so much.
Docs personal shares = Docs personal money
I had many concerns with UNVC prior to the Form 144, but this is another level, though not entirely unexpected.
Doc had always said funding not required, but his so called explanation for selling shares now suggests otherwise.
Also, the guide price of 0.08 indicates that no news will be forthcoming in the next few months, if it was and substantial changes to UNVC were imminent, the guide price would be considerably higher.
Doc can sell the shares, pay the taxes, and could effectively 'lend' the proceeds back to UNVC as a Director loan - but this would contradict his statement of 'Direct support by me'. Smoke and mirrors.
I originally had great faith in Doc, but now with every day that passes I am becoming more and more convinced this is a nothing but a typical pinky play to enrich the CEO.
As for the follow up tweet 'been supporting and financing company for years', I find that difficult to digest. All of his salary has been accrued as liabilities, not waved (sp) - and he has awarded himself shares in lieu of certain debt owed - and there's plenty more where that came from. Perhaps if the company actually made some money in the last 10 years this wouldn't be an issue.
Doc may well be a genius, but perhaps not the kind that many have been led to believe he is.
Doc will make a couple of million bucks
Without delivering ANYTHING for his shareholders.
These are his personal shares, he is legally entitled to keep the proceeds - and with a guide price of 0.08 cents a share, he obviously isn't planning on releasing anything 'soon'.
UNVC is beginning to stink.
There we go, Doc will be selling shares.
Perhaps this is the 'generational wealth' he was talking about, for him and his family anyway.
So previously he was saying that no funding was required, now he is saying that the sale of these shares are 'for financial support of company'.
Can he not ask Amazon for an advance?
LMAO
Tweet has had zero effect on the price...
At this point only official material news will make a difference, not more generic fluff.
The boy has cried wolf one too many times.
End of day paint job, as always.
Another PPS drop delivers yet another vague tweet
@DrDavidDalton1
Everything is on track.
Going in the right direction.
3:14 PM · Oct 21, 2021
Can only assume the right direction is downward?
Seems like the UNVC train is off the tracks to me.
Which is why I said 'bought this year'...
A dirt cheap buy-in is the only reason I am still here - but many bought on the hype and promises that Doc made, and has never delivered upon. You invested 4 years ago, so have made good money - as have I - but many didn't, and for UNVC to continue to increase in value they will need new investors.
If you bought this year at 10 cents or more I'm sure you would feel very differently. In fact, I'm sure even now you are second guessing your decision not to sell at 16 cents - personally, I sold the large majority of my holdings at the high - mainly because I had lost faith in Doc due to his utter lack of transparency, communication, or delivery.
If this train ever sees 10 cents again
The majority will leave at the next station.
Pretty much every investor who bought in after January this year are now holding bags at the current price, other than those who purchased during the May dip.
Imagine being one of those who encouraged friends, family, and their extended networks to buy in - forget generational wealth, Doc hasn't even managed to prove UNVC is a legitimate company - even after going going Pink.
His purposely vague but ever optimistic tweets are essentially inconsequential now; they have little to no effect on the price, and people are tired of the indeterminate positivities he posts - mainly because they are NEVER accompanied by any tangible or verifiable progress.
So many partners, connections, and affiliates have been speculated, and so many different business models touted - from patches to COVID to telehealth, now it's wraparound services - ultimately with absolutely nothing delivered, and no transparency whatsoever. It's always 'soon', and 'soon' seemingly never materializes.
At this point the price will continue to fall unless Doc actually does something to legitimize this stock - as he correctly said, life has choices.
12 months ago he stated 'Pennies to Dollars, NASDAQ'.
As I see it - a year later - we are no closer, and nothing has changed.
Sells outpacing buys by almost 5:1
Yet more empty promises from The Good Doc, but it seems his Tweets no longer hold any clout - share price just keeps on dropping.
Assume everyone is now fed up with with his continued lack of delivery, and are choosing to ignore his positive platitudes.
It's time for Doc to actually be a CEO, rather than just sounding like one.
Sadly, it seems all Doc does is Tweet.
Up to this point he hasn't delivered anything of substance - actually, he hasn't delivered anything at all.
Another 'word salad' tweet in lieu of actual news.
In what alternate reality would Amazon need UNVC?
One of the worlds most profitable, well connected, and cash rich companies needs one of the darkest, least transparent OTC penny stocks to get things done?
Dream on, not happening - Amazon shareholders would be up in arms being connected to a company like this:
• $472 in cash
• Assets of under $60k
• Negligible income for 10+ years
• Almost $14 million in liabilities
• Accumulated deficit of over $26 million since inception
Doc can't even keep on top of disclosures for material corporate events...
Doc has had a 10 year quiet period.
And it doesn't seem to have changed even though he has been forced to become current.
Material corporate actions don't even move him.
Well, what a 'Big Week' that was.
High of 0.128, closed at 0.08 - down almost 40%.
Price is now lower than it was before it went Pink Current.
Good work Doc.
Made some very good money on ASTI.
Been invested for quite some time but sold the remainder of my 'freebies' a couple of weeks ago - too much uncertainty regarding the longer term plans, the recent S1, increase in SS, likely future reverse split, insider holdings, possible share buyout etc etc.
Truly believe in the future of the company, but I'll likely buy back in once things are a little clearer - for the forseeable future I think all of the above will continue to apply pressure to the PPS.