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I've tried contacting them...
Presley is a confirmed exec but it does little good to know who is who when NO-ONE is responding or answering questions.
Ill post anything I learn.. You do the same.
I've already posted every link.. Every shred of proof... I've shown it and discussed it.
Solomon Ali: he's a fraud who also runs UBRG. UBRG has issued falsified SEC filings.
Solomon Ali's attorney, Ernest Delong has willfully mislead investors claiming Global Energy Group Is a multi-national large corporation with billions in revenue. In truth, it's a two person Shell Business, incorporated by Delong early last year with an office in New Orleans and a office space in the UK. The only employee besides Delong is Nicole Singletary.
Nicole Singletary is Solomon Ali's girlfriend. She is the controlling interest at RAINCO. She and Ali live together BUT BOTH HAVE FILED DIFFERENT REGULATORY FILINGS CLAIMING THEY DONT KNOW EACH OTHER.
RAINCO pays cash for shares at 50% discounts to fair value and then re-sells those dilutive shares on debt markets at rates of 15-35% discounts to closing prices and RAINCO keeps the wash of 25% to 15%.
Look up RAINCO and you'll see.
REVO is a dilution based stock scam using Ali, Singletary, RAINCO, and Carter to defraud investors.
It's all mouse clicks away...do the research... Connect the dots... And then STHU
It is a scam. It's a fact. Yes I know it for sure.
I post here for the same reasons you do.
You believe in the company and have NO proof it's not a scam but stay feverishly, naively long.
I know it's a scam and have posted facts... You post here more than I do...
It's a dilution based stock scam... It's just like Solomon Ali's other company... UBRG. It's a scam.
Haaaaaaa
Call it what you want... This stock is the #2 stock scam ran by Solomon Ali...
Look...if a guy runs one company into the dirt at the cost of shareholders then you can say "business is hard, it happens"
But when that same guy is running two congruent scams and defrauding shareholders... You gotta say "it's walking and talking like a duck"... It's a duck.
This stock is down and will go further down because it's a dilution based stock scam...
Sell how it hold or avoid, I could care less... But if you hold or buy after reading all these posts outlining the scam, don't go to bed crying wishing "somebody" had warned you.
Haaaaaa
Down 25%??!
Weird? I mean, if there were value here there'd by buyers, not sellers...
I mean unless of course the few longs here know more than THE COLLECTIVE ENTIRETY OF WALL STREET...
Which is more plausible:
1.) all of the global investors are clueless and missing out ?
Or
2.) the few longs (they're longs because they bought, lost so much it makes no point to sell here) are all relying on a "little birdie" to save them and that REVO, ran by Solomon Ali who also runs scam # 2 (UBRG) actually has a future.
My money is on option #1.
I've tried contacting the company using various contact info listed on the new MCF site but have not gotten a reply of any nature.
I have no idea who is working where it who is still working with them or been released.
It's an information vacuum. It's impossible to invest in HPGS/CHAMA without having some kind of clue as to what's going on. It's a shame really... They're missing out on a potential boatload of investor capital because they can't seem to offer potential investors any kind of indication as to what they may expect.
I'm waiting on some kind if regulatory filing...as I'm sure most would be investors are.
Love checking in and seeing this scam stock at 52 week lows...RECORD LOWS.
Ali and his fraud squad are hurting because they can't dilute and sell the diluted shares so their weekly paychecks to themselves at the shareholders expense are drying up.
Haaaaa
Down 17% today
BUT THEY HAVE VALUABLE PATENTS
Down 17% today
BUT THEYRE IN FINAL FINAL EXTREMELY FINAL NEGOTIATIONS TO LICENSE OR SELL PATENTS
Down 17% today
BUT WHAT ABOUT ALI's claims to increase shareholder value?
Down 17% because this stock is a scam ran by frauds who use the common shareholders shares as their own personal piggy bank.
So I guess the 30 days has passed since HPGS changed their name to MCF Energy and still no filing with the SEC to reflect the name change.
That's just bizarre to me. I've got no idea why they'd remove the execs and HPGS board, divest Miller Fab, change their name, and not file anything with the SEC over the last several months. Their last filing that I've found was a August filing.
Anyone with legit info, feel free to share.
Don't be ridiculous. I'm not short and I'm not trying to buy and be real... At $0.0017 exactly how much cheaper would it have to go before a hundred bucks would own REVO?
This stock is a dilution based con... Use the references I've listed for you and see for yourself and quit thinking "oh.. He just wants the shares cheaper so he can buy more"
For EFF's sake... The stock is at $0.0017... FRACTIONS OF A PENNY!
What I want is REVO AND UBRG Halted, delisted, and Ali indicted for federal crimes including stock fraud, insider trading, collusion to defraud.
Whatever you say...
I bet I know which of the investor type I listed earlier you are... And it ain't flattering.
It may have only been up a few days this time BUT what about all the other days this scams website has been up and running with other misleading claims?
I bet they actually take the website down when somebody calls them on their misleading content and when that pressure goes away for a bit they bring the website back up just long enough to treat "would be investors" so some great pics of OTHER COMPANIES ASSETS WHILE ACTING LIKE THEY ARE THEIR ASSETS.
Right around PR time their website comes back up so they can release a fluffy, misleading PR and would be investors have a website to reference to see if the company is real... Because if it's on the Internet it must be real, they can't put anything on the Internet that isn't real right??? Right????!
Hey 360? Which of the investor type I listed earlier today are you?
I dare you 360! I dare you to look up the items I've listed and not admit that UBRG/REVO are huge frauds ran by con men. Do the research I've laid out for you and then get back to me with three sentences or less.
(How's that for your three sentence rule... Oh... And how many of your posts violate your own three sentence )
My POINT is to get people to SEE THE TRUTH! THE SCAM AND FRAUD!
Just because you wouldn't help or stop someone from getting robbed doesn't mean somebody else wouldn't!
Solomon Ali and Nicole Singletary of RAINCO are boyfriend and girlfriend, housemates, and FRAUDS!!! They're con artists using stock and dilution to rob from people!
Earnest Delong (Solomon's personal friend and attorney) is a fraud TOO who's incorporated multiple business fronts...shell companies, to facilitate phony debt obligations which Ali uses YOUR SHARES to pay and convert shares to cash with TO PAY THEMSELVES BY DILUTING YOU!
This is all FACT! It's all readily available information.
Do this :
Go to a Edgar's Online... Put Nicole Singletary in quotes in the search bar... When her SEC filings show up look for her home address. Then do the same with Solomon Ali! They freaking live together but have denied in SEC filings of ever doing business with each other... FACT! In black and white.
Now Google Earnest Delong... You'll see he most recently incorporated Global Energy Group and GEG has TWO EMPLOYEES... Himself... AND NICOLE SINGLETARY...
Nicole Singletary is a debt purchaser for RAINCO ... RAINCO buys debt for 50% coupons off the share price and then resells that debt on secondary markets offering discounts between 15% and 35% and they keep the wash AND THATS HOW THESE FRAUDS ARE ROBBING FROM REVO AND UBRG INVESTORS!
Go to twitter... Look up SolomonRCAli ...and NSING (Solomon and Nicole) you'll see that while Solomon portrays himself as a CEO here and and Exec over at UBRG that in twitter he's a trader offering to show you how to make 30% returns on your investments. ILLEGAL! You'll see Nicole is Solomon Ali's friend on twitter, his girlfriend, and his link between UBRG/REVO and RAINCO.
Heaven forbid you connect the dots on Facebook and see that they have their WHOLE FREAKING FAMILY involved in both scams.
Do it... Do the research... You'll see that everything I've written in here is true.
I absolutely LOVE the pic they have on their website under the coal division... Look how full that belt is of coal... My goodness.. It looks as if they want investors to believe their coal mine is actually producing WHEN IT IS NOT AND HAS NOT SINCE THEY BOUGHT IT.
Oh a picture is worth a thousand words and I'm sure that picture has mislead countless naive investors into thinking "look at all the coal they produce".
I wonder what the real picture is? Could it be a desolate scrap of land, an unpopulated parcel with ZERO FUNCTIONING equipment AND ZERO SIGNS OF COAL coming out of it? Yup!!! That's exactly what the reality is... But if they put that picture up they'd be essentially saying "we are liars" to anyone that viewed it.
Google has a unique feature. You can copy a picture into their search bar and see if a picture is posted anywhere else on the web... I wonder where, ohhh where that picture they have up is originally from... Hmmmmm
Just forget it. This board has the same type of longs as the UBRG board:
1.) the long who can't/won't see the scam because they believe they have an inside track or believe they're smarter than the falling share price.
2.) the long who bought and bought without knowing and now is so buried in losses will not sell while hoping for a miracle
3.) the Solomon, Earnest, Nicole lackey who are posting BS on purpose to trap naive retail.
3.) Solomon, Nicole, Earnest themselves posing as a retail investor. We already know for a fact that Solomon has posted under and alias in the UBRG boards so it stands to reason he's posting here too.
Wise move...to load up here... Because from this point each tick lower loses you 33% of your investment...but you're so buried in losses on this scam stock what difference does it make right?
They'll reverse split this scam. They'll change company names and the ticker symbol. Then they'll have RAINCO come in and sell them more debt in exchange for greatly discounted new shares and dilute shareholders.
Feel free to load up.. What's 33% losses per tick between you and Solomon Ali?
SUMMARY: Solomon Ali runs two companies. REVO and UBRG. Both are dilution based scams. Wall Street knows this which is why both have fallen to fractions of a penny despite Solomon Ali's carefully crafted Press Releases, Press Releases designed to do one thing: part a fool from their money.
All this talk about patents is utterly a waste of time. REVO mischaracterized their "negotiations" to investors which is why they gave just enough info in their PR to make people dare their own conclusions. Any legit company issuing any legit PR would have put details into the PR.
This is Solomon Ali's M.O. Issue fluffy, non-specific PR's and let the buyer beware. He issued a similar PR with his other stock scam UBRG and told investors they were selling the largest contract ever to a $50 billion dollar Utilities company, located on the West Coast. Longs with UBRG scrambled to discover who it was and made up their minds that it was Edison and Ali never had to confirm or deny any speculation. Of course that deal never materialized, just like this sale won't. Solomon Ali is a liar, a fraud, a snake oil salesman. When he cant scam UBRG investors or REVO investors any longer he will just reverse split the stocks, change the company names, change the ticker symbols and tell any long who hasn't wised up that those moves were to increase returns for shareholders, better reflect their company, and achieve a stock price that more accurately reflects the company value. It's truly a shame that he's not been held to task legally for misleading so many investors.
Have you read that Solomon Ali is an executive officer at REVO?
If you have, then ENOUGH SAID!
Solomon Ali has RAN and IS RUNNING multiple stock dilution scams and REVO is just another stock scam.
Hey? Quick question.. So Solomon Ali is the CEO of REVO right? I mean we can agree on that right?
Well, he's also a exec over "yonder" at UBRG...
His associate...Ernest Delong? Yeah, Ernest Delong is Ali's attorney. Ernest Delong went ahead and set up Global Energy Group, AKA: GEG. GEG, if you care to look deep employs Ali's girlfriend and housemate, Nicole Singletary. Well, Nicole Singletary is the principal concern over at RAINCO... RAINCO is the exact SAME company REVO IS LOOKING TO DO BUSINESS WITH...
All of this is FACT! Spend a few minutes on Edgar's and search Solomon Ali's home address and Nicole Singletary's HOME ADDRESS AS LISTED IN SEC FILINGS and you'll see they're "roomies".
Search twitter for Solomon RCALI and NCSING.. Yup... They're friends there too.
Feel free to pull up RAINCO on Facebook or Nicole Singletary Or Solomon Ali On Facebook.
I don't care which company they're associated with, they're all frauds.
So much so, I've coined the term "Fraud Squad" when referencing them.
This company is ran by Solomon Ali and he is a fraud. His PR's are bogus and filled with misrepresentations designed to do one thing: Geographically separate fools for their money.
Look at the laundry list of "promised filled" PR's that never materialize into anything substantial for common shareholders and then go look at his other company UBRG.
Then look at RAINCO and see if they're involved in any way...
Solomon Ali is a white collar fraud. There is no good time to buy this stock because it's a stock scam.
This whole "we are in talks with someone to buy something" is the same MO Solomon has used before with REVO and he's used it to death over at UBRG.
Solomon Ali belongs in jail. The fact that he, his girlfriend Nicole Singletary (RAINCO INDUSTRIES) and his attorney Ernest Delong aren't in jail is just PROOF that the SEC and FINRA are asleep at the wheel while they tell anyone who still believes in Santa that they are the market watchdogs.
Yes... It was the Hettingers.
I can't believe the stock still trades. HPGS folded up shop earlier this year and no longer actually does anything.
CHAMA told them to fire the board and exec team and they did that. CHAMA told them to divest Miller Fab and they did that. CHAMA told them to reverse split and they haven't done that. They haven't R/S'd yet because of the regulatory costs. CHAMA said they had investors but they've told that story over and over again. Brandon Hargett had told me all the ins and outs of CHAMA's mis-representations and of how crooked they, and the Hettingers were/are.
The only hope shareholders of HPGS had was that the CHAMA takeover was legit but it turned out to be nothing but a boondoggle farce. It's my opinion that the SEC should simply halt the stock indefinitely and delist it.
Genius! Yes that's it! From $5.00 per share to $0.0003 and capitulation finally occurred on Christmas Eve ...
Here are the The Top 10 equally plausible explanations for a near 52 million share dump:
10.) The Grinch, trying to make bail money from his Christmas Eve arrest in Montgomery County, desperately sold his shares for record low prices.
9.) Santa's Elves, fearing December 26th pink slips, sold their shares.
8.) Mrs. Claus sold shares to buy a years supply of Slimfast for obese spouse.
7.) Rudolph, depressed from years of repressed childhood taunts, sold his stake in UBRG to pay for a nose job.
6.) Ralphie, still scarred from a childhood Red Ryder BB gun mishap, sold his shares to fund cosmetic laser surgery.
5.) Elf on a Shelf, sick and tired of moving every single night, sold his shares to buy a house of his own and settle into one spot.
4.) Frosty the Snowman sold his shares to buy an Arctic Circle time share.
3.) Santa shrugged off his wife's gift of a Slim Fast gift card and sold his shares to pay for some liposuction.
2.) All the bad boys and girls, fearing their anticipated fate of coal for Christmas, united and sold their UBRG shares to pay for a wild weekend of Hookers and Heroin.
And the number one, most plausible reason for a 52 million share dump on Christmas Eve:
1.) Fraudulent criminals and life partners Solomon Ali and Nicole Singletary used RAINCO to "grinch" every last good little boy and girl shareholder of UBRG to continue funding their shareholder funded lifestyle through the Christmas break.
Undervalued? NO!
To point a fact, it should be halted and delisted. Solomon Ali and Vincent Guest should both be indicted and convicted of stock fraud and UBRG should cease to exist except in the memories of all the investors who've been burned by this scam and hopefully now use their experience as a lesson learned.
Every Press Release UBRG has issued have been proven to be nothing more that fluffy mis-characterizations with the sole intent of gathering naive investors.
Both Solomon Ali and Vincent Guest have filed fraudulent mis-representations of fact with the SEC and why in the whole wide world the SEC hasn't slammed them both is beyond me... Perhaps there are just too many frauds and too few enforcement agents...
Solomon Ali and Vincent Guest have ran this stock from $5.00 all the way down to $0,0004 because they've lied and been caught and diluted at every turn just to keep their own paychecks rolling in without a legitimate care for investors. I despise them for the people they've hurt and I wish a little Karma comes their way.
No...
The fraud squad aren't going broke...they've got other frauds running in the stock market.
Ali and Singletary still have REVO and as long as UBRG stays above $0.0002 they can still offer 50% coupons on shares until:
1.) they run out of the 3 billion authorized shares
Or
2.) they let the share price of UBRG fall to $0.0002 or less.
Once either of those two things happen they will:
1.) Reverse split and tell the naive followers that they're reverse splitting the shares so the share price better reflects their value (a reverse split is putting curtains into a condemned building as far as UBRG is concerned because while the share price will be higher, the market cap/company value will not have changed)
2.) they'll change company names.
3.) they'll distance themselves from the UBRG ticker and namesake.
Or they'll just increase the Authorized Share count to 6 billion and offer the naive yet another share dividend and tell them it's the best way that they can show how grateful they are to have loyal shareholders who believe that 2014 will be a great year.
The reality is that I believe the stock should reverse split.
If CHAMA owns this or is prepping to somehow fold HPGS into the CHAMA namesake then I believe it would be good for shareholders.
But at this point, that "if" above, is a really BIG IF.
We know from the old LOI that CHAMA demanded the current exces be released. That has happened. We know that they, and Miller Fab. wanted Miller Fab. fully separated/divested. That has happened. Miller is on their own now and quite frankly they're doing well and will do better with more time and distance separating them from the whole HPGS outfit.
The only step left is the Reverse Split. My question is why go through the trouble of relieving execs/board members of HPGS, and why go through the trouble of divesting Miller Fab. If your not going to see the final step of a R/S through? I'm sure it's an investment capital/cash flow issue at this point as it costs money for accountants and filings...but as a business man, I know I would have those ducks lined up in advance of the first step...so why didn't CHAMA/HPGS ensure their ducks were in line and accounted for?
No matter what, there has been volume on this stock... Not much and not reliable but more volume in the last two months than we'd seen in the previous months and that volume was clearly buy side volume...
Why? I don't know. It's curious.. It all very curious...
What I do know is that the company stock is headed to $0.0001 without intervention.
Either hold and pray for that intervention and risk total loss or sell, lock in losses (if you bought at a higher PPS) and walk away. It's entirely up to the individual investor.
This Quarter is going to be a Quarter to remember for shareholders.
We saw management issue a PR about a share repurchase deal where the Outstanding share count should have been reduced, when in fact it actually stayed flat because the company had issued a like number of shares in debt for cash swaps.
Well, I don't think we are going to see any share repurchase PR's before the February results come out but we know for certain the company is still issuing shares for cash. I bet the share count, the Issued and Outstanding, will have crested over 2.75 billion.
That's why the share price is sitting at $0.0004 and it's why it will set a new 52 week low soon and have investors wondering if $0.0003 is a good place to buy... Then they'll see the shares hit $0.0002 and be shown the answer to their question.
The price of Natural Gas has nothing to do with this stock. It's headed for $0.0001.
The last word was CHAMA owned them and they were going to R/S the stock and that's all that can save this stock but the CHAMA deal appears dead... All the old HPGS execs are long gone. Miller was divested from HPGS and the execs were released... Per the conditions of the LOI.
But that original LOI is well over a year old and HPGS hasn't filed any financials since early 2013...
The only thing we know is they're having a problem keeping accountants...
Frankly I have no explanation for the share price spiking off the 52 week lows but even that spike appears to be correcting...
Avoid
Haaaaa
If we all chipped in and bought them coal those frauds would turn it into a fraud PR saying how they've received coal from interested investors and are in final talks with buyers for their largest coal sale ever.
They don't announce ANYTHING!
All of their PR's are smoke and mirrors specifically designed to trap the naive.
Their PR's are/were nothing but a con mans shell game of "which company, how much revenue, and obscured profitability"
How long ago was it that they announced a china coal deal? A year ago? With what company in China? With what coal? Was the deal accretive?
How long ago was it that they said they're "in talks" to have some Chinese representatives come out? I know a thing or two about international travel and I can tell you it's pretty easy, and very common and there's NO REASON to be in "final talks" about having these reps come out. You pay for airfare, set up some accommodations, ensure handy little passports are good to go and any other paperwork and BOOM... Welcome to California Mr. Yuan!
Their PR's announce some great November deal but don't give specifics and they cite confidentiality clauses when pressed for more info WHILE simultaneously hinting at "who" the buyer may be.
Case in point... No real details were offered in one of their latest deals but they mention that the buyer was X company, on the X Coast and had $X number of revenue. Well, that led everyone to believe that the company was Sempra... But guess what...
Here's another example of a very similar PR released by REVO a week ago:
REVO is in talks with "a company" to buy our patents. "the company " is on the West coast. "The company" had revenues of $50 billion dollars" AND the company is "involved in the Internet"
Every naive investor jumped at it and "GOOGLED" here and there and guess what they all assumed? They assumed it MUST BE GOOGLE!
The stock soared for two days and has plummeted every day since to nearly exactly where it was prior to the PR!
Sound familiar? It should! That's what Solomon Ali's gig is... oh...and nearly everyone seemed to forget that REVO has issued MULTIPLE PR's stating they're "in talks" or in "final stages" of selling some patent portfolio only to see a brief pop on their scam stock and watch it fade and ultimately sink to new 52 week lows.
Starting to see the resemblance between REVO and UBRG's PR's yet?
What about UBRG's "fantastic" news that they were "repurchasing 300 million shares"?
The stock doubled... Over a span of two/three days and then proceeded to set new record lows.
Why? Because the "repurchase" was a scam, set up between UBRG and GEG and RAINCO to draw attention to the stock WHILE THEY simultaneously, and secretly issued NEARLY THE EXACT SAME NUMBER OF SHARES IN BRAND NEW DEBT!!! Oh, there wasn't a PR for that little nugget of info about the new debt... No! They went and switched Fiscal Year End to hide those filings for nearly 4 months and by the time the SEC filing did come out and PROVED the new debt issuance and share repurchase for the scams they were it was too late for those naive investors...they were trapped.
UBRG's Solomon Ali and Vincent Guest are scammers, frauds, con men. Nothing but modern day snake oil salesmen working with Ernest Delong (Ali's attorney who set up GEG) and Nicole Singletary (Ali's girlfriend /wife/room-mate who's the controlling party over at RAINCO.
Buyer beware.
Nobody cares BECAUSE EVERYONE KNOWS that every single last Press Release this company has ever penned is bogus designed to do one thing:
Attract new investors and keep current investors by issuing "too good to be true" PR's and bury SEC filings under them.
Look what the fraud squad has done over at REVO this last week? They told anyone who would listen that they are in talks to sell some patents to a $50 billion dollar company on the West Coast...
Stock soared and then has tanked... Why?
Because over the years, REVO has told investors this "tale" in one form or another AT LEAST THREE TIMES... And the truth is...it's just another UBRG type scam :
"Tell em we are "in talks" to sell "something" and tell them "the buyer we are in talks with" are huge!
Sound familiar? These guys are frauds... And that's why no one cares anymore.
UBRG could say they're in "talks" to cure cancer and I'd short the pop.
Has anyone besides me even tried calling their office off MacArthur Blvd lately?
Has anyone had any luck?
I would like to hear what they're telling callers/investors about their share price, website down again, and massive dilution!
I got about as far as telling her who I am before getting summarily directed to voicemail which go unreturned...
I guess Ali doesn't like my Ihub/Yazoo/Twitter posts and just doesn't feel like returning a call.
HaaaaaaaHaaaa
52 week low on the bid right now. $0.0004
Hilarious stuff (maybe not so funny to stuckholders holding out for the ever elusive "better numbers next Quarter, or holding out for the magical PR)
almost a month now and this stock has just languished in the $0.0005 or $0.0006 range and I'd look at it and wonder why they haven't dropped the hammer on it and let it fall to the lowest it can go.
I figure any stock can hit $0.0001 but I don't think UBRG will let it hit that and stay there because they'll be in default on their convertible debts if it falls below $0.0002
(Can't give shares out with 50% or greater coupons if the stock is $0.0002 or less.
When it hits that$0.0002 or $0.0001thats when you'll see some PR's and a reverse split. And that's when the whole world should short the crap out of this scam.
This company was toast YEARS ago when it was Palomine...
What'd they do? They changed names and stock profile...they buried their past under lofty and fluffy PR's and yeah.. It took some time but they eventually attracted investors who believed the PR's, ignored the old investors and SEC filings and fell themselves.
They'll do it again.
They'll say things are different somehow, and someway. But this stock isn't dead..it's just pre-reverse split, pre-name change, pre PR blitz and pre DILUTIVE CYCLE where Ali and Guest promise the newbies 2014 will be awesome. The newbies will ignore all "old longs" and theyll be a new board with a new ticker and new people saying "5 bucks in a year"... Blah blah blah.
I agree that this is a shell but look what they're doing with REVO today...
There is power in the right PR. Who knows... Maybe they'll announce that they're in talks to sell NDR to a global energy group?
I honestly do not believe they will walk away from this cash cow...even as sick as it is because it has provided them all a pretty luxurious lifestyle.
They've already told investors what they're considering in their 10k and 10Q's. They've spelled out that they want a name change, they want a reverse split, and they want to change ticker symbols...and why not? Name a better way to distance themselves from the UBRG namesake scam?
Change names, change ticker symbols, and do a reverse split then flood the channels with PR's to bury the SEC Filings.
From the first time I was this stock I noticed that the company would issue NT's and poor 10k's, 10Q's and dilutive 8k's but then they'd do PR blitzes to bury the information under dreamy and outright lie filled PR's and as the saying goes... If it ain't broke, don't fix it. It's not broke to them...it's a cash cow that moo's even though it's as broke as broke can be to anyone who's bought the commons.
I've written how the whole scam works. RAINCO (Nicole Singletary) buys their shares at 50% or greater discounts and gives them cash for the shares and then RAINCO in private transactions offers those notes to their clients at 15-35% discounts and RAINCO keeps the margin on the wash which ranges between 15 and 25% of the total cash transaction.
It's a pretty sweet arrangement and all they need to do to keep it up is reverse split, change the ticker and the name and do a PR blitz to attract brand new people who've never seen their history and are duped by PR's which they use to bury pertinent SEC Filings.
The website is still down, the scam continues, no PR could make this stock rise, and the company is running out of their lucrative shares for cash deal.
One day Vinnie Guest will issue a PR... It'll be one of the following:
1.) GOOD NEWS! We are offering another share dividend and raising the number of authorized shares to 6 billion (does it really matter if it's 4 billion or 5 billion or 6 billion at this point? Don't split hairs about how big the A/S increase will be)
2.) GOOD NEWS! We are reverse splitting and changing our name and ticker symbol.
3.) BAD NEWS ! We are filing for bankruptcy protection.
It'll be one of those three because they're almost out of shares and have way too much debt tied to the 500 million shares they had left when they filed the 10Q.
They have no cash to continue and I honestly believe that no one will offer them cash in exchange for notes right now with the share price where it is unless the notes provide for reverse split eventualities.
This stock is done. Ali, Guest, Singletary and Delong have worked in concert to defraud you.
Yup... They killed it... Ate it, and threw away the $0.0006 carcass.
A stock price is a reflection of what Wall Street sees in a company's leadership and future.
Wall Street has spoken. They see Vincent Guest, Solomon Ali, Ernest Delong, and Nicole Singletary as frauds.
Rightfully so too. All four of them are frauds.
If you haven't done so, look them up on twitter and Facebook. Follow the bread crumbs they've left behind and see how far back the relationships go for yourselves.
It's funny too... It's funny to me to see that Ali and Guest used to spend sooooo much investor money on weekly or bi-weekly PR's to try an elevate the stock. Most everybody saw right through the nearly transparent mis-characterization or blatant lies in the PR's.... Like that whole 300,000,000 share "repurchase" scam...and now UBRG has nothing left to pay for more phony PR's.
Guest and Ali are frauds. Even they know it... Which is why they'll never face an investor.
AVOID THIS STOCK SCAM
Solly Ali and Vinnie Guest are frauds in bed with their own funding partners (Nicole Singletary at RAINCO) to defraud stock investors by selling convertible notes for shares with 15%~35% discounts when they acquire those convertibles with 50%~100% discounts off the actual share price.
It all makes sense now. RAINCO is a convertible notes "seller".
They loan money to a company in exchange for deeply discounted convertible notes with greater than 50% discounts to face value of the stock and then they sell those notes to debt investors and offer them the note with 15%-35% off face value and collect the difference between the wash out.
It's all in RAINCO (Nicole singletary/Solomon Ali's girlfriend) business offering. Go to their social media sites and it explains how it all works.
Yeah he's SUPER classy!
Guys like him have zero conscience. They spend their day scamming people and then have a completely separate lifestyle from their scam. Their "friends" never really know what they truly do for a living and that's the way it has to be.
He's scum. Funny thing is I live down the road from their MacArthur office and pass by it when I head into Newport or Balboa...
I always imagine stopping in and seeing the scam in action but then I remember I've always got better things to do than entertain scum.
The lady who works as the receptionist... She reads these boards...
She's just as much scum as Solly and Vinnie for the way she treats callers.