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You're absolutely spot on...with one caveat;
REVO shares are NOT still in the pump phase.
It's all dump...
Hence the low of the day floating across the ticker banner.
Either short it, avoid it...or forget it.
UBRG went through the same "throws of passion" and tricked a whole lot of retail.... Who now have since tipped their hats and admitted they are wrong...
Solomon is a fraud.... I honestly lose faith in regulatory institutions every day I don't see a story where he is charged with crimes.
Yeah... Nice concept...
It topped out at three and half cents and has since "consolidated" for nearly 60% off that high...what....four days ago?
Sooooo
60% discount off the last weeks high is "consolidation"?
Hmmmmmmm...keep telling yourself that... I'll sit back and watch this fall back to the $0.0030's or $0.0020's where EVEN with a patent licensing deal the stock would still be overvalued...
That deal doesn't been begin to cover the CO. Debt that S. Ali is currently exchanging for a paycheck.
Congrats on your new losses.
I've no idea WHY anyone would buy such a clearly overvalued stock WHEN there is proof that Solomon Ali is a fraud...
Granted... This POS ran from $0.0020 to over $0.03 but once it started falling EVERYONE with half sense or wit would have seen its a pump and dump and it's clearly in the dump phase.
Haaaaaa
Down 25%?!?!?
I guess the smart money saw right through that "Solly Ali" pump and dump and is exiting.
Don't know Solomon Ali?
He's the leader of a fraud squad. He runs REVO and UBRG...
my bet is that UBRG is next in line for his pump and dump schemes.
Haaaaaaaaa
ROTFF!
Stock drops 40% on a 138 share sale...
Co. Just lost 40% of its market cap on a $0.08 sale
Look at the umpteenth NT this way:
At least shareholders now know, with reasonable certainty, that UBRG will file for the Q ending 12/31/13.
Clarity, good or bad, is still clarity.
Said it two days ago:
REVO... A scam pump and dump ran by the leader of a well known FRAUD SQUAD:Solomon Ali.
REVO=Easiest Short ever.
Soooooo
Apparently MASSIVE dilution during the period ending 12/31/13 isn't a significant change in operations... Just significant to shareholder balances.
Easiest short in the world.
Hey?
Where are all those "shareholder meeting" attendees who spent Friday -yesterday claiming "big news via PR" was imminent?
Of the several "regulars" here who claimed to have attended, only one offered details of their experience but all alleged attendees claimed to KNOW big news would be released by today but NONE offered any details beyond their personal experience, of what news may be pending.
In fact...from the last few days all anyone has been told here on these boards is that "big news" is coming but they can't speak of it because of the private/secret nature of the PUBLIC SHAREHOLDER MEETING details.
I'm long PHOT. Love the company and the sector... But as far as these "shareholder meeting attendees" goes... If they look, act, and sound like ducks, no one should be surprised when they're proven to be ducks.
WEIRD!
UBRG investors must feel similar to Cinderella watching Ali's other "girls" go to the ball while they stay home and scrub floors at $0.0005-.0007.
I'll be the first to admit that I think the REV$ PR's are BS and akin to UBRG BS PR's of the past but there is little doubt that a buyer @ $0.0020 (when I was slamming REV@" could sell today with 1700% gains.
The rub? Any buyer today of REV@ will be looking for those same gains and end up not sleeping at night.
UBRG?
Forgotten... Abandoned...
UBRG investors?
Still waiting on some pumpkin to turn into a chariot to whisk them off to the ball...
Hey?
When was UBRG's last fluffy PR piece?
I know they will issue another NT in a day or two... And when they finally do report (if they report...after all...truth is they no longer have to comply to fully reporting standards...so IF they report) they'll show the UBRG loyal the insane addition of shares to the O/S and those UBRG loyals will perhaps finally see that it's been a stock based, dilution crazed, Ponzi scam.
I laugh at TS...
For every "millionaire" his "system" has created, you have to wonder how many shorted the wrong stock at the wrong time and suffered "unlimited" losses.
I looked at his website...he touts the handful of millionaires his system "created"... But seems to ignore the failure rate.
If I was short PHOT... I don't think I'd be able to sleep. The MGMNT team is a dream team of proven leaders.
If you want to short a Co... Cover your PHOT short and go short REVO. Up nearly 900% and ran by a fraud who simply hasn't been charged...YET!
PHOT about to RUN!
I hope Timmy S. is still short... I love watching him get BK'ed on a short position.
RT: $0.3348.
PHOT is going to run.
I can hardly believe Solomon Ali is selling the same lies to REVO shareholders as he's done twice before to UBRG shareholders...
Pull up a 3 year chart of UBRG if you want to see how that worked out for UBRG'ers...
REVO has no cash and the "negotiations" are blatantly mis characterizations that they'll ultimately claim "stalled".
Since they have no cash, it's clear it won't be a cash dividend...it'll be stock...
If they issue stock at a 1:10 it'll be simultaneously dilutive. In other words... As soon as you get that share...sell.
None of the three...
I've never owned REVO. I've owned UBRG twice. One trade for gains, one trade for losses, and the end net profit/loss basically washed each other out.
Petulant child?
Doubtful. If you don't like what I write, don't read it.
If it's raining here in San Diego and I write that it's raining, am I bashing?
Hardly. I'm simply writing fact.
It's funny to read that you think I'm bashing Solomon Ali or REVO when I'm simply writing fact which is more than I can say for others.
I've posted verifiable facts that lead readers to the truth: Solomon Ali and his associates are frauds who use crafted PR's to lure investors in and then dilute them for personal gains which hurt shareholders.
Am I trying to buy in lower? No! I won't own any stock associated with REVO/UBRG/RAINCO//GEG again because I know it's a matter of time before the associated shares are halted indefinitely and it could happen over night or midday and I won't put money into a stock with risky factors like :
1.) known fraud
2.) known misrepresentation to the SEC.
Fact: Solomon Ali and Nicole Singletary have filed false documents with the SEC to hide their fraud.
I doubt you even used the search criteria I previously described to see the documents for yourself.
Good luck with your REVO long position...
My bad... Typo..
Very sorry for the confusion.
To be clear... I bought exactly 12,000 shares at $0.3249 at approximately 3:31 Pacific Standard Time (12:31 Eastern Time)
The SHAREHOLDER meeting was for shareholders... In other words...PUBLIC, TIMELY, and FAIR dissemination of PHOT information. Anyone claiming they attended but can't discuss what was presented is either misrepresenting their personal attendance OR is misrepresenting their inability to recount, in detail, the meetings accounts.
There was no Non Disclosure Agreement... How do I know? Because I've attended shareholder meetings and conference calls/earnings reports and never ONCE during those highly public meetings was I ever presented with an NDA to sign.
To point a fact, there is actually a liability issue with holding a shareholder meeting and handing out NDA's to non-licensed traders whereby the issuer of the NDA would have to be able to prove that they had an expectation that "Ricky-Bobby" or "Mary-Jane" could actually conform to the NDA requirements and given the fact that many retail investors are not licensed or bonded as registered broker/dealers that liability would cost them the whole company because sure as heck-fire, some if those shareholders would sign an NDA and then leave to immediately violate the terms of the NDA.
If this was a Board of Directors Meeting or even more simply a "debt/equity/capital investor" meeting where they were soliciting bonds/warrants/notes then an NDA would/could be expected to be presented but that's not the case here.
It was a open, public, meet n greet, social, shareholders meeting and anyone who attended is free to repeat anything from attendance numbers to discussion details and they either aren't because they feel like they're sitting on a secret that they want to keep to themselves or any number of other reasons.
I did not attend PHOT's shareholder meeting. I learned of PHOT through a fellow trader. I bought in the 9's and sold in the 40's. I bought again at 21 and sold at 27. Friday I bought again at $0.0325 after hearing if the vote results and seeing such broad acceptance of the proposals which represented far more than just insider acceptance.
THERE ARE ZERO SIMILARITIES BETWEEN REVO and NTEK.
1.) REVO has NOT COMPLETED ANY STEP, rather they've ANNOUNCED that they are "CONSIDERING" a "plan" to maybe buy back shares.
2.) NTEK, at the time of their PR and subsequent purchases HAD THE FINANCES to buy back shares AND REVO DOES NOT!
It begs the question, given the vast differences between the two PR's:
Why would you claim they are similar and then compare REVO share price to historical NTEK share price movements?
No...
It's the first thing I checked.
With over 20k investors it's implausible that 88% represented just insiders.
This was a very broadly voted proposition and is clearly widely held that the answer was Yes
Trust this:
T. Sykes ain't the guy who goes home on a Friday night a loser and doesn't immediately start formulating a new strategy for Monday.
He's a loser... Seriously... For those who don't know...Sykes has BK'd himself more than once...he's a phony who made a name for himself and then got tripped up trying to ride his own coattails but that doesn't mean he's learned anything.
He's stupid on a sinister scale so don't expect this last week to be the last we hear from him.
He got cleaned out about two years ago shorting a stock I was long (PEIX). He took up a monster short at near $0.35 and the stock ballooned to $1.90. Wiped his sorry arse up.
PHOT will do the same thing to him but he's too stupid to know it right now... He's too busy trying to breathe the breath he just exhaled because he thinks it's valuable because it came from him.
We will hear from him again and all I can say is buy that dip when it happens and we can all put Sykes where he belongs... Back in BURGER KING
Impressive FICO..
I, for one, see this stock soaring IF... And it's a HUGE IF...if this MGMNT team doesn't screw up some debt/equity financing.
There are hundreds of financing co's out there who's sole true source of revenue is through issuing what appears to be solid lines of credit/cash but the back end dilutive nature of that credit/cash can DESTROY a stock...and it's shareholders.
I've researched the leaders of PHOT... A truly solid team...but they literally have to prove near term that they know the difference between toxic financing and financing.
If they can prove that they know the difference I truly believe PHOT stock can make a lot of shareholders dreams come true.
One wrong step though and a dreamy little stock like PHOT can turn into a nightmare real quick.
Like I said... I love the space and love PHOT... I hope they prove the naysayers wrong and avoid toxic debt deals...
I don't see EVERYONE yelling sell...
There isn't "blood in the streets"
I just see a good stock under considerable pressure and have to ask "why?".
I get it... I understand the capital/debt structure of the company quite well and I'm not bashing them for increasing the A/S. They're short and cash and want to have the increased liquidity that 3 Billion shares offer...unfortunately, too many times in these penny stocks the MGMNT teams of other companies have used the increases A/S to enter into very toxic debt arrangements.
1 bad apple ruins the bunch...so bad apples before PHOT have used increased A/S to destroy shareholders and THATS what I think is causing the pressure on PHOT... I think that smart money would exit here and then wait and see what kind of debt/equity financing the company starts to enter into. If it's toxic with very dilutive terms then they'll punish the stock...if their debt/equity financing plans are with reasonable terms they'll see management is straight and they'll come back in... Until then, it appears they'll exit
If all of this "increasing the A/S" is so good...why is PHOT down 33% off its recent highs?
Wall Street is a forward looking entity...The smart investor doesn't buy a stock based on what the company has done because that's all rear view mirror stuff. Smart investors buy (or sell) based on what the company will do... 1 month, 6 months, a year or beyond and this price movement tells me that the smart money sees the ride as being over.
This stock had risen from sub $0.10 all the way into the $0.40's which represents a +300% move but now it seems the smart money is taking those gains and they seem to know that it is/was time to sell.
I love the space and I love PHOT but I can't fight the tape here. The tape says sell/avoid...at least for now.
Haaaaa
This POS is clearly a POS to Solomon Ali...
It's his very own red headed step child...being ignored while he caters to his other scam stock REVO.
REVO is up 50% over the last two days using the same fluff PR's he's used on UBRG in the past.
Meanwhile...UBRG has languished at/near record lows and UBRG shareholders are literally left with a worthless portfolio of UBRG stock.
Yeah... Solly and his fraud squad have all washed their hands of this little scam. It's been left to die here. In a week or so they'll issue an NT and then they'll issue their Quarterly and the tide will be out so every shareholder will be able to see what types of fraud have been lurking under the glossy surface of 2013's PR's.
A 65% move ON NOTHING!
That PR is bullspit. They're "considering" a buyback?
Since when is ANY COMPANY not considering a buyback and why would REVO announce a consideration to buyback shares which would/could cause the share price to inflate and then cost them more...65% more ...
Ridiculous !
Solomon Ali and his fraud squad at it again...only this time he's pumping REVO with some nice PR's.
REVO was up 68% this morning on a PR that says REVO may CONSIDER buying back 20% of the company shares ahead of signing licensing agreements...
How in the world people still fall for Solomon's carefully crafted hogwash is beyond me.
Maybe that's what UBRG investors are waiting on... Maybe they're waiting for the fraud squad to pump UBRG with more mindless, toothless PR's.
Haaaaaa
OMGOSH!!!
Look what happens to scam stocks when their handlers abandon them...
Over half way through the trading session and this stock hasn't even traded a single share.
2-3 months ago and beyond, this stock was trading what? 30 million shares or more? Today:squadoosh.
Hilarious stuff
Looks like the fraud squad has turned their backs on UBRG shareholders and REVO shareholders.
Funny: Ron Carter of REVO sold 5 million of his shares for $9,500 supposedly only days before some monster patent deal is supposed to be concluded...
It's the same story with Ali, looking at his stock sells while big news is always on the horizon...
What a scam
No doubt!
A 200% increase in the A/S would be insanely harmful.
Look down the road and see what having a 3 BILLION Share Count company would do to EPS figures.
A penny per share in net EPS would be nearly IMPOSSIBLE given their revenue history.
The near term projection for face value post the 200% increase in shares?
Between $0.02 and $0.04.
Look... Small/Micro cap companies often use shares for liquidity and wiggle room...
Nothing wrong with that... But come on?!? A 200% increase with loose promises that they won't have to do it again is lunacy in action and carelessness towards shareholders and forces the full burden of the financial pains on the common shareholders.
I love PHOT. I've only owned them for about a month and sold my two long positions, one in the $0.40's (bought at $0.09) and one at $0.27 (a quick trade bought at $0.21) and I love the space... That said, this A/S increase is absurd and it places the full burden on the existing shareholder.
Oh ... Krysti...
I've got zero hope or faith that any PR like the one I described will ever be released by UBRG or REVO.
I personally believe they (Ali, Guest, Singletary, and Delong) are out of options for PR blitzes with UBRG and running out of options with REVO.
I no longer even believe they have the resources for a reverse split to put lipstick on these pigs.
You've read my posts...you know I've called both REVO and UBRG stock based, dilution scams from the beginning ran by frauds.
Yeah I'm aware of various assertions made by Solomon Ali as well as his girlfriend, Nicole Singletary of RAINCO Industries, making assertions to investors that the dilution was a good thing.
Don't get me wrong either... Small cap companies often must rely on share issuances and that's normal. Even large cap companies will use shares as a source of liquidity. That said, once a management team starts relying on investors there MUST BE legitimate attempts at returning value to shareholders OR it's fraud... Plain and simple and I cannot break it down any further than that.
Ali, Singletary, Guest, and Delong have PROVEN their intent to mislead investors and the SEC, and they've proven there was never a legitimate attempt to return value to the shareholders. FYI: Writing a PR STATING that they intend to return value to the shareholders is not the same as making legitimate attempts to so so. It'd be like me writing a PR claiming to be trying to build a rocket ship and go to mars while all through reason, rationale, and a lack of legitimate attempts says that I'm not.
This stock and REVO are both scams. If you're long, do this..
Google:
Solomon Ali + scam
Nicole Singletary + dilution scam
RAINCO + dilution scam
UBRG + stock fraud
REVO + stock fraud + scam
The sheer volume of blogs, message boards, news articles and various forms of coverages will likely make you want to throw up. Many of the GOOGLE finds will be message board quotes but keep looking... You'll see legit claims of fraud... These guys are going down... I don't know when... But these guys are going to jail and they're going to lose everything.
That's the only red flag you see?
Did you know that both Solomon Ali and Nicole Singletary have pumped this stock on the RAINCO website chat room beginning over two years ago?
Ali and Nicole tried to convince readers on those boards that issuing shares was not dilution and that it was a good thing because it increased market cap (assuming that the share price did not drop in direct relation to the dilution ratio, this would be true)
Not only did the shares continually drop relative to the dilution ratio, but then they entered into a toxic debt spiral.
How about on the same board, Solomon Ali touting that the dilution had them "nearly debt free".
And look at them now...more debt than you can shake 3 billion shares at.
The stock price two years ago when Ali and Nicole used the RAINCO message boards to pump this fraud?
A high of $0.04 and has done nothing but lose 99% of its value just in the last two years.
Ali, Singletary... Yeah... They've used message boards directly (themselves under alias's) or indirectly (telling investors lies and mis characterizations knowing they'll repeat those lies on message boards for them).
More red flags: Ali denies a romantic relationship with Nicole Singletary in SEC filings while the two have tweeted their relationship status with each other (tweets since deleted) and other sources (SEC filings from separate corporate filings ) indicate they live together at the time of SEC filings signed by them state there is no relationship between them.
There's too many red flags to list.
(Big breath in)...What UBRG needs is one... JUST ONE legitimate Press Release where they identify realistic positive guidance AND prove a realistic gross and net revenue projections that finally indicate to potential investors that they're actually going to try to get rich through hard work and sound business principals instead of continuing to enrich themselves by screwing shareholders with dilutive, shady, fraudulent, back room deals with their girlfriends. (Gasp for deep inhale)
Has anyone tried contacting Ali or Guest besides myself lately?
I contacted them last week and have not heard any responses. The latest amendment should have investors in UBRG very curious about business relationships...
That, and the fact that it's been what? Two months since their last PR?
Just curious
More true words cannot be spoken.
Solomon Ali and his fraud squad are feeling the pinch now though.
Notice how long it's been since they offered shareholders any PR's?
Remember May through...what...August or September how they had a PR blitz with one or two per week and their last PR was talking about 60 million in revenues but no mention of profits from those revenues.
Now they can't even seem to offer the stock at 50% discounts to RAINCO to even fund a little "we are excited about our 2015 prospects"
How about a little "open letter to investors" where Guest describes how they're on the verge of being close to nearing substantial revenue increases?
I think that letter should be free... Maybe Guest and Ali can have some wine with Nicole and they can "ménage a tale" to spin to investors ?
Specifically:
" division of profits"
Nicole Singletary and Solomon Ali are boyfriend and girlfriend. It's a fact. They are also living together... FACT.
There is no way, that on so many levels, either direct, indirect, or a combination of the two forms of division of profits is not occurring.
If, Nicole is making a profit off screwing UBRG Shareholders and she buys the two dinner, then at a very basic level, a division of profits is occurring. Small beans right? Well, what if Nicole buys them a vacation, to Africa? She pays for it with her bank account which is receiving money from profits made by screwing UBRG investors... That's a division of profit right?
What if it's more blatant? She gets a check for $X and writes him a check for a division of X?
These guys are lying to the SEC.
Do yourself a favor and look at the latest amended filing. See any addresses that match up? Now feel free to peruse a few social networks and professional networks... See how they're all friends? Family members? Or in the case of Ali and Singletary ... In a long term romantic relationship where she has openly named Ali as her "boyfriend"?
Scammitty Scammitty scam!
Stock based dilution scam with one purpose. Steal money from duped investors.
The amendments and original filing still do not address the blatant misrepresentation re: Solomon Ali and Nicole Singletary's business/personal relationships nor do the filings address the clear conflict of interest between these two frauds and their common shareholders:
"Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
To the best of the knowledge of the Reporting Person(s), there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2, and between such persons and any person with respect to any securities of the issuer, including but not limited to transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies."
Yeah I hear ya...
I used to be in very regular contact with Brandon Hargett, former CEO of HPGS.
He and I spoke of a great many things...
Emails, text messages, phone calls.. You name it.
The one day he was gone. Emails unreturned, texts ignored, phone calls to voicemails.
As it turned out, he was fired by the HPGS board who were then of course removed entirely or individually swapped out by CHAMA as I understand the case to be...
And since then it's been an absolute information void.
Soon...
Triple zeroes coming... It's where all scam stocks go to die.