It's only going to get worse too.
Folks who are long this stock are about to live out a scam stock nightmare.

About a month ago... I started talking on these boards regarding UBRG... Price was $0.0038

Had I bought n held I'd have lost 50% today.

Look folks... This isn't about longs n shorts, pumpers and bashers, bulls and bears. This is a stock scam where SHARES ARE CREATED FOR ONE REASON: TO TAKE MONEY FROM INVESTORS.

I hate that stock scams exist.. But they do. And if you own this stock you're being scammed...taken for your money... Don't worry... When your money is gone they'll churn out another PR and lure in new money.

B...

You seem to be forgetting WHO let it go and remembering WHAT price they got the shares at to begin with.

A debt holder would have gotten those shares at a deep discount to market close (MRQ states up to 60% discount to market prices for some and flat $0.0020 for others.

Makes you wonder doesn't it...

I mean, this stock has been under incredible pressure lately... Just falling and falling while PR's portend of wonderful futures and posters opine on about how "long and strong" they are and their varying reasons as to why.

Then why?

If there's such a bright future as PR's suggest or such a bright future as some longs believe then why is the stock falling so deeply and regularly... Why all the selling n no buying?


Unless of course it has nothing to do with sentiment or longs versus shorts...
Maybe... Just maybe, as I've been suggesting, will continue suggesting, and be right in doing so, maybe it's the dilutive and toxic share issuances and convertible debt features.

UBRG USES PR's to bury pertinent Q's K's and A's under heaps of useless Fluffy PR'S.

OUCH!

Touched its 52 week lows today.

Somebody let go over nearly 7 million shares all at once and crushed it to the 52 week low.

Gold...

No fluff.

Yes. The answer is yes. Why?

Because the scam is a cash cow compared to the minimal costs of applying.

You could APPLY to be a REGISTERED BROKER DEALER WITH FINRA and you could put it on a resume even if you had no hope of ever getting your application approved. In the meantime, that little "unregulated note" which is utterly true on your résumé that you've indeed applied can open doors and make you SEEM more attractive to potential employers.

I said no fluff... I could go on but I won't.

Direct answer, yes they'd apply and effort to get approved because the costs are NEGLIGIBLE WHEN CONTRASTED TO their monthly take home pay and future stock based payouts.

That's the EXACT problem...

You're sitting over there playing 6 degrees of separation when you should be looking and listening at what is DIRECTLY IN FRONT OF YOU.

This is no goose..

I should say it isn't yet...

Here..
A free synopsis of what's to come:

UBRG stock falls to somewhere between $0.0003 and current prices (I know it's going to fall further than current prices but I'm actually helping you not weep openly at your day job by saying the stock may just stay where it is)
Why $0.0003? Because of the BLACK AND WHITE DEBT FEATURES CITED IN MANDATORY SEC FILINGS (PR's are not mandatory nir always accurate or regulated for accuracy). The stock MUST NOT fall below $0.0003 because they'll violate debt covenants and the company will file BK and then you'll all lose every penny.

The company will announce a "Letter of Intent".... WOOHOOO! Someone wants to buy them...
They'll be restrictions:
1.) stock must perform a reverse split
2.) management must leave
3.) company shares will be transferred versus bought to new company.... IN OTHER WORDS... No money for shareholders... You just get to keep your post split shares under a new name.

Stock will split and be valued at between $0.030 and $2.00.

New company WILL dramatically and immediately use shares to completely pay off debt so a share issuance will occur (a secondary offering) and the company stock will plummet dramatically.

Then!

Only then is this stock a buy... Because right then... The company will launch its very own pump and dump and generate 100's to 1000's of percentages in returns via mailers and flyers and emails and message board pumps.. Which will make all the new company managers very rich...
The shareholders of UBRG today.... Won't even break even... Not even close.


And yeah... I've been around a while. I've traded a stock or bond or two in my time.

You can do a lot of things Gold... You can hold tight as much as you want Wilma... You can see the forest for the trees Yipster but one thing I'd warm against is not heeding a detailed example of what's coming... From someone who you fear, knows more about the topic than you're willing to accept tight now.

It's HFT (High Frequency Trading)

Day to day stock price fluctuations are clearly normal. It's patterns or trends or reversals that I heed.

You've been holding and watching and losing money and the problem is you've convinced yourself (because you have to) that its normal.

It is not. UBRG is a stock scam. The sole purpose of this stock is to take money from investors.

Play along Wilma... I know nothing of your capital investment but allow me to make some assumptions, on your behalf, for the other readers.

Lets say you bought 200,000 shares at an average cost of $0.0175.

Your cost would have been $3500. Since then you've watched UBRG fall and fall and fall. You've ignored every red flag, steadfast in your convictions, and you've held.
Today, those same 200,000 shares are worth $455 bucks.

You'll continue to hold as the shares do WHAT THEY MUST which is fall... The good news? The debt features prevent the stock from falling below $0.0003 (unless yet amend the debt features in the future) at which point your shares will be worth $60 dollars representing a $3440 dollar loss.

The shares will be forced to do a 1000:1 reverse split due to debt features or they default and go BK which wipes you out. At that price, post R/S the shares will be worth $0.30 and your UBRG account (or whatever they are calling themselves then) will be worth 60 bucks which means you'll need to see a pump and dump that results in 5720% gains JUST TO BREAK EVEN.

I know it's hard to walk away with losses but look at what you need to see happen just to break even if the shares drop to $0.0003. Heck... Look at the odds against this stock doing a 750% rise now to break you even.

Well Wilma...

2.2 million shares just got sold and tanked the stock back to $0.0020.

Which is right where it was before yesterday's AMAZING, AWESOME, ENTICING, WEALTH PROMISING news.

So.... Apparently.. While you remain steadfast in your convictions the stock will continue its travels South.

I've said it before and ill say it again... The dilution rate cannot be competed against at these prices.

The PPS is too low and it takes too many shares to pay off a buck.

Get a calculator... Figure out monthly payroll for UBRG/NDR...
Now add in utilities.. Office supplies... Etc..

Now take that number and divide it by $0.0020 ... Here's a little head start... Ali, Guest, and Martinez receive a combined total of $43,500 per month in compensation... So that's 21,750,000 shares just to be added to the float so they can trade them for a paycheck (can't fill gas tanks with shares)....

And that's just those three... Now... How many employees do they have?
What's their utility bill? What's their rent? (I detailed rent options at 10800 MacArthur in an earlier post from realtor)

They literally have to create 10's of millions of shares just to pay bills, keep lights on, pay payroll because AS THEY STATE IN THEIR SEC FILING BUT DO NOT STATE IN THESE FLUFFY PR's (paraphrased but absolutely accurate) "we do not generate sufficient net revenue to continue operations and will sell equity and issue debt to remain open".

It doesn't matter WHO the contract is with. UBRG and NDR can sign all the contracts they want with confidentiality clauses in them and that'd be fine by me.

What is not confidential is how the contracts are material to shareholders.

In other words, are the contracts:
1.) accretive to EPS (good)
2.) Neutral
3.) Decremental (bad)

The PR's make sure they all are enticing by saying they'll add millions in revenue but anyone who can read a Q can see that for two years (at least ) their costs of revenue exceed the actual revenue.

So they don't want to include company names, or how all these contracts are material to shareholders? Okay? Well that's maybe not how I'd do it but okay... Then how about a very common practice called "an open letter to shareholders".
They've signed what? 20-30 deals this year? How about a letter to shareholders where they address some guidance issues and wrap all of the deals into some tidy little revenue numbers?

Here's the deal...
Near as I can tell, per the MRQ, there's between 50 and 74 investors of record... With 3 Billion shares authorized that aint nothing. If any of you ever want to see this stock soar and keep gains they need to expand that SOR exponentionally and the only way they'll do it is by attracting shareholders with numbers they can sink their teeth into. That's why everyone calls the PR's fluff... Each and every one of the PR's I've read are ambiguous nonsense and when a company had a track record of these types of PR's it's not good. It raises too many red flags and MOST investors simply opt to stay clear. As the old saying goes, if it walks like a duck and quacks like a duck and looks like a duck... Then it's probably a duck.

I know exactly what it takes to get the chill lifted and personally... I think it is you who does not. If you did, you would not boast the merits of the event.

Haaaaa

Yipster...

I love love love the emphasis you put on "ANY" in your response to me...

As if I'm going to sheepishly admit "wellllll... I do own 1 share" or as if you're going to "catch" me in some dastardly plan with another BRILLIANT, well planned, perfectly executed trap.

Let me be clear. I do not own UBRG. I've considered growing some gamble or "what the heck" cash at it but I prefer waiting for that one SEC filing we all seem to be waiting on..

If it does come, ill ride the stock up with you and have gotten to entirely miss the ride down you've suffered.

You PLAY UBRG when the timing is right...

So when's the timing right? Easy...
The timing is right AFTER they actually file a Q on time w/o an NT filing AND that AUDITED Q shows revenue growth, reduced SG&A costs, and profit....

Sure... You may miss the bottom but at this rate.. While you and I agree on little we can at least agree that there'd be plenty of upside.

The way not to play it? That's easy too. Don't play it "hoping" for that PR to come... I mean lets face it.. From what you say, you and I glanced at this stock at roughly the same time periods... I mean I looked at it at $0.0038 and did not buy... Not have I bought despite watching it APPEAR to get cheaper and cheaper (when in fact it actually only got diluted and the value hasn't changed) and you looked at it and bought at $0.0035 and apparently bought more to lower your cost....
Now which one of us has a column on our screen tallying position gains/losses for UBRG filled with a great big old red number?

Hey B,

One of my favorite quotes (people think it's a movie quote but it predates film) is "the greatest trick the devil ever pulled, was convincing the world he did not exist".

It's apt here because the greatest trick Etrade, Scottrade, Schwab, Fidelity, TD or the vast others ever pulled was convincing retail based traders that their platforms give you the "same tools the pros use".

They get away with saying because like all marketing, it's not what you say, it's what you don't say.

You'll never see a TD commercial with that kindly old trustable tv personality telling you "TD AMERITRADE... We give you EVERY tool the pros use". You see the twist? They're making it sound as if you'll have the same tools as pros and even better they make you believe you'll have ALL the tools and they'll All be as good and as dynamic (from small boutique firms up to the largest trading houses implement new algorithms daily) as the pros...
When truth is, pros use a hammer... They give you a hammer... Pros use a screwdriver, they give you a screwdriver.... Viola! You now have "the same tools the pros use"...you just don't have all of them.

To bring this piece back into UBRG land in an effort to keep it up, UBRG is what is known as Thinly held, widely traded. Meaning it is thinly held by investors (I believe the MRQ reported between 59 and 74 investors of record) yet the shares trade hands today at a clip of 16 million and have traded as much as 180+ million (two years ago record volume) and that sure isn't being done by you, Wilma, Gold or others.

The retail rules do not apply to registered broker dealers who simply meet or exceed capital requirements. The whole $25k rule was put in place specifically to keep retail from beating pros....

UBRG manipulated? Oh, the level of manipulation I've seen is abhorrent. You've at least got your head in the game if you know it's existing...now all you have to do is figure what their plan is and trade with it.

So what is their plan? Same as usual... Dilute it... Bring it lower... Receive shares at a discount to the close and then sell those shares as earliest as possible to reap the margin between the discounted price and the sale price.

Pressure you... Until you sell... Thin the herd out and take your money... Why? Because in order for them to win... And every day of their life is spent figuring out how to win... In order for them to win... YOU must lose.

Nobody is intentionally insulting you or anyone else, B.

If you think 15 million shares are being moved by folks with Etrade, or TD accounts then I'd simply say you're wrong and leave it at that.

A key principal in HFT algorithms is to (within fractions of a second) place hundreds or thousands of orders to buy or sell and cancel those orders before they are filled in an effort to soak the book and give an appearance of buy or sell pressure which moves the stock price in a given direction.

FYI.... Unsettled funds applies only to nonprofit accounts or securities which have margin restrictions or margin enabled accounts which have exceeded or are near maintenance levels.... SECURITIES BEOKERS AND DEALERS or Market Makers do not have "unsettled" restrictions at all...

(Sigh)

Why all the selling... Sheesh.. 2 million shares just said "I want nothing to do with this, lemme out".

If this NDR contract is so incredible and the FERC hoopla promises so much, then why can't the stock hold the gains?

Let me guess? Dirty day traders flipping? Nooo... It's the message boards right? Despite the boards being overwhelmed with "woo hoo" cheer leading sentiment it's the boards right? The boards are causing the 10% move off session highs? Maybe it's just the fact that UBRG literally litters the Press Room with these nonsense PR's that say nothing about the accretive nature of these deals and WALL STREET SIMPLY DOESN'T CARE ANYMORE... They've seen it took many times out of UBRG and they know that no matter what PR's the company releases their toxic debt and constant share creation will just dilute the short term gains.

Yipster,

First, clearly I don't share your enthusiasm or belief that the stock can ever be $0.01 or higher without a reverse split but secondly, and more importantly to me is the question "will the stock see $0.0018 or lower before it even sees $0.0036 or $0.0050".

Are my concerns about UBRG using shares to fund operations or their existing dilutive debt or their pending reverse split/pending name change/pending sales of more shares not valid?

Their own SEC files (far less fluffy than their PR's) tell me there is huge risk that a dollar invested at the wrong price will never ever be recovered but that doesn't mean a buy below today's price can't net a 50-100% return.

It's not that I can't imagine ever buying some shares, I just don't have your patience. Clearly you've held since $0.0035 and have suffered nearly 50% losses (losses are net larger because you've been adding to them) and its been roughly a month. Me? I'd rather not suffer those losses on any position or wait that long to see some sort of equilibrium and if I do buy I'd never hold for those kind of losses. There's a word for the kind of investing/trading you're doing and it's called "wrong" in my opinion BUT to each their own.

What I was looking for with the initial post on the subject was a discussion on where a reader may reasonably see the shares falling to but it seems you only want to call me a bear or a short or a basher without saying as much and divide a discussion into two camps. I don't want that so as you've said, best of luck to you.

I see the same PR's you see.
I read the direction they want investors to believe they're headed.
Trust me, they've issued more than a handful of well crafted PR's that have had me wonder if there were a possibility here for some nice gains on an investment.

The problems isn't with their PR's, it's with their SEC filings and even on their own web page. They tell investors in black and white (paraphrasing here): We do not make enough revenue to fund operations. Capital for operations shall be received by share and debt issuance.

You mention your initial price of $0.0035 and having the opportunity to deploy more capital to substantially lower your cost average towards what seems to be a tenable recovery cost. The price was at $0.0035 about a month ago. Since then, there have been nearly a half dozen really positive PR's yet the PPS has seemingly fallen every day. The exception of course would be the pop from $0.0020 to $0.0026 a week ago.
Did you sell into that pop?

You mention if the shares drop to or below $0.0018 you'll buy more but it seems at the rate of share creation it's not only inevitable that the shares will hit $0.0018 but also fall below that price. The shares will fall because they're continuing to create shares to fund operations and pay off existing debt. It's just like this... You bought at $0.0035 and the price has fallen and when you buy again at $0.0018 or lower the PPS will still keep falling because THE CAUSE of the fall remains.

It seems there is only one PR or SEC filing that I might want to wait for... And that's the one that says they've no debt and have finally surpassed revenue/cost of revenue parity.

Thanks for your feedback.

Thoughts?

What are your thoughts about tomorrow? My bet is a brand new 52 week low...

Nothing the company releases as Press Releases seems to help at all. The stock just continues to fall as if dilution (share creation for no reason other than to take investors money...) is outpacing legitimate buyer ability.

Was on their website... Anyone know why UBRG still has not put the amazing and awesome and incredible news that their largest shareholder is increasing their stake on the website? Seems like itd be there...somewhere... But it isn't.

I wonder if it hits the 52 week low if it'll be a double bottom event and time to load up or if it'll crash through $0.0019 and set new lows signaling there's further to go on this long slide down?

I wonder if the dilution rate, from a mathematic point of view will only get worse as the shares literally scramble trying to use more shares to pay off debt to a point where they simply cannot (or ... Did the shares already pass that event horizon long ago and any new investment or continued investment will just result in a total loss)

I'd like the Bull argument. What I'd love is maybe a response from someone who isn't biased because they bought already and are upside down (desperation breeds imaginative responses which simply cannot be trusted).

What exactly would you like me to explain?

I pop onto investor hub and read some boards.

Clearly, I know a thing or two about the company and what is moving the stock.

I almost bought some.... Twice! Once when the stock was over a penny and once when the shares were recently at $0.0038. I've been asked to look at the numbers and I didn't buy then nor would I recommend buying now.

The stock is an absolute stock scam.

But seriously? What answers do you need? The recent PR about "The Investor" looking to add another 10%?
That's bogus. It didn't pass the sniff test the day it came out and it doesn't pass it today...despite all the investigating anyone here has done. By the way? How come the UBRG website doesn't list this event on their Websites "Newsroom" or under "Press Releases" or on their "Breaking News" tile? The site is up and running with Press Releases as late as June 27th so why not this enticing nugget? Could it be because they just haven't gotten around to updating their Company Site yet? Or could it be that it can't go on the website because then the Company would have no grounds in denying their knowledge of the Press Release if its on their own site?

Look at their last EIGHT quarterly filings... What is their sole source of operating capital? SHARES! THE CREATION OF BILLIONS of shares. It costs them more than a dollar to earn a dollar so their revenue isn't funding their operations.

Look... If there was money to be made here I'd be in... I'd be in today... I watch the stock and I read the boards to see what's going on and to see if there are any material changes that would away my view. To date there has not. I'm not here trolling... I'm reading and writing just like you. You own the stock.. Clearly... And are so upside down I can't even imagine and I'm not here to save you at all. I'm just here, popping in now and then to see if there is an opportunity. I read the threads and respond as I see fit. As of now... Nothing has changed. The company remains a scam and there's no money to be made.

My bad....

Didn't mean to

Buy all you want...
They'll make more.

Team UBRG are going to make more shares than you can even imagine. They're modern day magicians conjuring shares like bunnies from top hats...


Think it through... They said someone wanted 250,000,000 + million shares of their company and the stock STILL CAN'T HOLD GAINS???

Why????

Because as big as 250,000,000 shares might sound... It's a drop in the bucket when you're talking about 3,000,000,000,000 shares.

I have been on this stock, following it for just over two weeks.
It's lost nearly 50% of its value in just that short amount of time.

I haven't bought ... Not so much because of the dilution based financing.. I mean, yeah... That's bad stuff but I've seen companies overcome their balance sheet woes before...

Their business? They flip energy... If it can be done for a profit then it's a gold mine but UBRG is struggling in that regard? Is that any reason to avoid the stock? Well, it's not great but if they could eke out a profit then it'd be a gold mine stock so you have to balance that.

What about nearly two years of late filings? Well, that's a huge red flag that indicates enormous internal problems that are literally and purposefully hidden from shareholders until THEY MUST reveal the problems or be delisted.

So what then? Why not take a chance? It's the company practice of paying for fluff PR's using shareholder capital to release the PR's and the Efforts to bury the late filings and the content of the filings under garbage PR's. It is simply too well known a fraudulent practice. Bury pertinent negative info under miles of fluffy PR's in an obvious effort to reel in the lazy/unwary investor.

It's not even "taking a chance" buying this stock... Right now, real time the stock is listed at $0.0024... Seems like a nice profit if you'd bought at the $0.0020 lows right? WRONG! Had you bought at $0.0020 the bid hasn't moved with the ask (now at $0.0024) so you'd be trapped...

It's not even a gamble here. It's dilution 101 and its going to triple nuts.

Wilma?

(Or anyone familiar with the subject)

Is there any truth, in your opinion or through evidence, that Solomon, Guest, or Martinez are one or all of the UBRG_1 through _6 over on the Yazoo?

When I first started posting just over two weeks ago someone told me it was them... I write it off as usual bs. But what I've noticed is the UBRG_ screen names are getting created ahead of PR's...

It's too coincidental and if anyone has anything more to offer I have a good friend in the Los Angeles SEC branch.

If they are posting or directly influencing post content it not only violates FINRA and SEC rules, it is also illegal and indictable.

Wow...

That's the problem with dilution based stocks and the reason you can't buy their CNV's support levels... The dilution is more powerful than any support that is based on conversion prices.

It's funny actually...knowing the metrics, to see this stock drop this much this fast. It's literally lost 50% of its value in the two weeks I've been watching it and it still isn't a buy.

The three stooges leading steering this ship towards the reef can't seem to grasp simple math...

Reverse split now and the stock price would be over $2 bucks... Wait another two weeks at this rate of descent and the stock price will be between $0.50 and $0.90 which is a whole world of a lot less leverage against remaining debt.

Wilma,

If you look at the 10Q from the period ending March 31, 2013 and the 10K for their 2012 annual report you'll see some of their debt agreements had a fixed price of $0.0020. The recipients of those shares now have little incentive to sell. It's actually in their best interest to see the stock rise at this point while others are still receiving shares at a 50% discount to yesterday's close, today's close, tomorrow's close etc.

Point is, there should be a little support at $0.0020. I don't know if or how long it'll hold though because its now taking 500 shares to pay off a buck in debt. As I wrote 3 weeks ago, math suggests that the stock must do a reverse split soon because at these prices they simply can no longer pay off the debt they owe with the authorized shares remaining.

Haaaaa
That guy is a genius....

"Sub pennies"? Oh really Nostradamus?

Throw the chart out the window (coming from a technician) because all it tells you with certainty is what has happened.

What makes me think $0.0020 will hold (+~$0.0002)? The debt features listed in the last 10Q (mar31 MRQ) and 2012 10K.
The features very very clearly state that some debt features were assigned a $0.0020 value. Below that, those guys are losing money (on the back end, front end debt feature interest is 10-12% as represented in the 10Q and 10K). In lay terms, while they earned interest on their loans to UBRG they also took shares in hopes of making money on top of interest payments.

A caveat is that some of those identical debt features were/are offered at stated 50% discounts to the closing price, so those debt features could, in theory have been issued at sub $0.0040 face value which would be discounted to <$0.0020 and still make the debt holders money by converting to shares and then selling. (Eg: shares issued at $0.0040 FV would have a real value of $0.0020 after discount. Those shares could be sold today/tomorrow for <10% ROI.)

The reason the chart is out the window is because fundamentals, not technicals are driving this stock. Fundamentals, of course, include company debt profiles. UBRG debt profile?.....


Yup... You guessed it....
Is toxic.

That's a great question Burnout...here's the answer:

Fake companies with fake customers and or products and or emerging tech for pennies compared to known tech costs are easy to sniff out. They come and go about as fast as you can read these posts.

UBRG realizes that FINRA and the SEC both have listing requirements that are difficult to forge and even harder to maintain so, create loose ties and prove revenue sources to keep the scam alive.

Here's the twist though... This is the most ironical... At this point, with management virtually owning all the shares they could make what I call "legacy wealth" going legit.

Think about it... If this company were to print legit PR and actually show:
1.) Net revenue
2.) Balance sheet cash
3.) EPS guidance showing real growth
4.) Debt reduction

for just a few quarters...

They'd see the shares skyrocket...I mean really skyrocket... Like jaw dropping skyrocket...

It'd be absolutely absurd how high the shares would go...


BUT THEY CAN'T!

They can sell that dream to the unwary and uninitiated because those types will buy it every day. "One born every minute" and "a fool and his money are soon parted" are their ethos.

They're making more money this illegitimate way than they were making before the dream team got together and conjured up this investors boondoggle.

It's simple really. There balance sheets say it all. The cost of every dollar they earn is more than they earn making that dollar. It literally costs them like $1.10 to earn a buck.
How long...without shareholder equity could your house last like that without creative financing and creative debt agreements.

The really sad thing, in my opinion, is that these companies are literally ALLOWED to exist and trade. You see... There's big money in penny stocks... Huge!
Did you know (fact time) that exchanges offer institutional traders substantial rebates per share per trade to buy/sell penny stocks? They do it to create a market place and offer the appearance of liquidity because otherwise the volume on these stocks would be nearly non-existent.
(That's front end money)
BACK END MONEY- SEC/FINRA charge filing fees all the way from listing fees to filing quarterlies and 8's A's ...EVERYTHING! If it got filed with them, there was a filing fee.
Then there's "fines" or "reinstatement" fees, and the list goes on...
You see, reputable companies file quarterly, annually, and then add in the occasional 8's and A's etc...there's a finite amount they can receive... But open it up to thousands upon thousands upon thousands of penny stocks and POOF... Magic money in fees n fines forever and ever. So what's the hurry in enforcing rules when "all things in due time". They "catch" the occasional scam company, they make sure it's headline stuff to show they are "on the job and watchdogs of the mom n pops" and turn blind eyes to the cash cows UNTIL enough investors in one stock finally press the right button and get action.

UBRG is on somebody's desk somewhere... FOIA it... Write a FOIA to FINRA/SEC and they'll tell you if there is an active investigation on UBRG and then you'll know the truth for yourself.

Wilma...

It's not that I DON'T BELIEVE YOU!

I believe he told you those things. I believe he'd have told you more if you'd stay on the phone. I believe he'd bait anyone who called with innuendo.

You don't have to prove anything to me. I ALREADY KNOW and am simply pointing out ways for you or others to see the truth.

If its not in Company filings and if he won't reiterate what he's said over the phone in email or even a written letter THEN IT EITHER ISN'T TRUE OR IT'S INSIDER INFO.

What part of that don't you understand? Hes an insider to a publicly held, FINRA regulated, SEC listed company and there are rules.

He's a con man. Him, Guest, Martinez... They are conning anyone who buys the shares and attempting to con anyone who reads their PR's.

You swayed off topic once again... Like a default setting to you... I asked you to show me ONE... JUST ONE PR that was/is accretive to the share price and how and you can't do it... Because all of their PR pieces are designed to say great things are coming soon while simultaneously saying nothing binding whatsoever.

Wilma,

If he said it over the phone with you, then have him reiterate in email to you.

Why?

Because it's material the shareholders and to the share price if true.

Consider it a litmus test.

A.) if true, and if he repeats it via email then he considers it
1.) material to shareholders and share price
2.) previously publicly disclosed

B.) if it's not true he WILL NOT confirm with you via any other media because:
1.) it'll be admissible
2.) fraudulent misrepresentation
3.) insider trading (due to material nature of accurate or inaccurate info)

Until you take action on this litmus test I want you to know that you've had a phone call with a con man. You're being conned. I know you're being conned and the only way to prove me wrong is to take the litmus test and achieve results from line item A.

I don't debate verifiable and bonafide events. I debate rumor, daydreamer folly, and blatant misrepresentation. If you point me to one materially beneficial, one materially accretive bit of news ill look at it, review it, and weigh it. The problem is that you cannot. You point at toothless PR's while the shares sink...where the PR telling investors to stay clear until management sorts out the toxic debt deals they've signed? WHAT? No PR on that? But plenty of PR's where they claim to tell you how fantastic things are going to be...someday.

Oh... And quit telling readers how you don't care what others think of you. You do...it's part of the human condition to seek approval and acceptance. PROOF? Sure... You seem to care plenty about what people who AGREE with you think of you, and markedly less of those who disagree with you.

Wilma,

There's little doubt, to any reader here or in Yazoo that you and I have our flags planted firmly in opposing camps...but it's not for nothing, my flag is in the camp of performance and your flag is in the camp of "on the brink, cusp, verge, potential" of great news while the stock sinks lower and lower on toxic debt dilution.

The PR's UBRG issues are toothless. Show me ONE PR where they tell investors how any deal or agreement they've made is accretive to the shareholder or EPS?

You mentioned once that the company claimed that the coal deal would earn $30 million... AFTER expenses... I looked for that in the PR's and SEC filings and nothing from the company said that they'd see $30 million after the cost of revenue...
Soooo? You just made that up? Conjured a carrot out of thin air for yourself and then passed it on in message boards as true?

Bottom line... The company is diluting your account balance daily and they won't stop as long as there's shareholders to defraud and a SEC/FINRA officer(s) who simply haven't gotten that far into their stack of fraudulent companies yet.

You don't have to pull a website down to update it.

It's an absurd theory. They pulled the website because content was in violation of FINRA/SEC regulations and it saved administration fees to pull it versus paying to edit, correct, or remove data.

Why don't you get Solomon Ali to email you the reasons for the website to be down. He can lie to you day and night over the phone because he KNOWS you'll have no admissible proof of phone conversations content and he knows he can't email you the real details so he will just lead you on...

What a useless deployment of capital.

The company SG&A costs are part of the reason their "cost of revenue" exceeds their revenue yet they keep pushing worthless PR's and pay for them with cash or shares.

These PR's cannot tip the scale in the investors favor because the company dilution is far greater.

At this share price, the company cannot even calculate how many shares it may take to pay off debts.

This stock is down 10% today on Wilma's "GREAT MOVING FORWARD NEWS".

What any "long" here is failing to see is the forest for the trees.

Continued massive dilution will swamp any buyer here at $0.0023. Then, the company WILL reverse split and change their name (because the shares cannot carry the amended terms at $0.0001 and because the company name is dirt). They'll issue a PR saying they wanted the share price to better reflect their growing company and be attractive to others but the real reason is the shares are offered at a discount to close and therefore the shares must be priced in a range that is divisible by the discount and still have a value above par ($0.0001). They'll issue a PR saying they're changing the company name to better reflect their company but that's a lie. Their company name is literally mud. They'll be hoping a brand new name and shiny higher share price will fool unwary investors by enmasse (by the way... Expect SG&A costs to soar chasing that boondoggle... Company letterhead, signage, business cards, etc for a COMPANY WIDE NAME CHANGE??? Ain't cheap)

So... Dilution... Then name change and reverse split (divide whatever shares you have by 1000), then more dilution, more worthless PR's, more dilution until FINALLY, FINRA and the SEC investigate and ultimately cancel the shares WHERE investors in UBRG are finally notified that they may be eligible for participation in a class action lawsuit WHEREIN they may recover 2-4% of their investment prior to the cancellation of shares.

That's what's coming folks... Wish it weren't true but it is.

Why else do ANY of you think none of these PR's lift the stock with maintainable gains? It's the dilution. The PR's are a scam...they're a lure....shiny and flashy, with no meat and designed only to catch the fish.

Maybe it's time for "somebody" to actually make a bullish argument for this stock.

Maybe it's time for "somebody" to recognize that the math I show regarding warrants/discounts/etc. is an expression of a bearish argument yet to be adequately discussed.

If I'm wrong about my bearish argument for the stock maybe "somebody" can clear me up and give readers a reason to initiate a position or add to an existing one.

I have my doubts it'll be you to sway opinion...I've read your posts and you're too buried in this stock to see straight.

So... Any reader...:

What am I missing. What SEC filing, PR, balance sheet have you seen that I've missed that makes the bullish case to initiate a position?
If you get me into the bulls camp I'll bring friends. Until then, this stock is a pump/dump fail over and over again. It'll be diluted until it reverse splits at an ungodly ratio (1000:1) and then dilutes and reverses again.
The company has revenue but their cost of revenue leaves them no operating cash so they have to use shares to fund operations. It's not illegal to use shares for capital..that's what capital/equity markets are for...what's illegal is to use shares for capital with no intention of ever offering returns for investors...and that's exactly what Team UBRG are doing here.
Convince me otherwise..."anybody"..."somebody".

Yipster,

I applaud your steadfast nature in this stock. While common for a retailer to get so beat up there seems to be no other option but to hold, it's endearing to see such blind conviction.

Blind conviction?

Yes!

Blind to the fact that the whole investment world knows about NDR and their marginal contributions to UBRG's net revenue.

Blind to the dilution that swamps this stock. Today's 12 million dollar swamper sale was just a taste of the ferocious nature of the dilution.

Blind to the fact that UBRG's PR's have all the red flags of attempted pump and dumps and fraud.

Blind to the fact that the executives at UBRG are complicit in defrauding shareholders through evasive and misleading press releases.

Kudos... Stay strong. What else is there to say.

Earl Scheib Emerald Finish(tm) for sure.

But you know what....
For whatever the reason, after that 12 million share swamper trade...it was at Lear encouraging to see some buyers come in and take it off the $0.0022 lows.

Bill,

I understand the cash value of that single trade...

But...

Did you see my post on the shares face value at the time of issuance? I explained the face value of the exercised warrant/CNV and contrasted it to the discounted price that the debt holder relieved the shares at.



That type of move, and the moves we've seen all day/week long are exactly what I've been explaining. There is no way retail can keep up with the dilution.

WOW!

12 million sold all at once???

Team MGS (Martinez, Solomon, Guest) must have big plans for this stock....


Haaaaaaaaaaaa

Wait...
Nope... No big plans for the stock... Just big plans for the weekend and they NEEDED TO DILUTE YOUR ACCOUNT BALANCES TO FUND THE PLANS BECAUSE THEIR COST OF REVENUES OVER THERE IN THE CRAPPY LIL OFFICE AREN'T COVERED BY REVENUE.

Can't wait for some rookie to tell readers how the drop on ENORMOUS volume is good thing. Worst of all... Someone somewhere will believe it.

BGallatin:

Bashing isn't acknowledging the absence of positive catalysts. Bashing is making things up in efforts to sway emotional responses towards a position towards a negative bias.

Facts are facts. The dilutive rate at this point makes keeping gains improbable...I'd use the word impossible but some deluded long would cite me on "nothing is impossible".

Think it through before resigning yourself to total irrecoverable losses. The company is paying salaries with toxic dilutive shares. What's Solomon, Guest, Martinez make per year? (I'm asking, I don't recall off the top of my head... One number sticks out... $176,000 for one of them?)

Quick math at today's share price:
One annual salary of $176,000 in shares:
70,400,000 shares.
52 weeks in a year:
1,353,846 dilutive shares added per week to pay JUST ONE SALARY.

Now... What is today's buy volume? It was 17k last I checked... Likely between 17k and 100k now.

Meaning the buy volume cannot even keep pace with the dilutive salary conversions and the salary isn't even in the same ballpark as the known company debt, and interest payments.

Retailers would have to buy in excess of 10 million shares per week EVERY WEEK of the year just to try to keep pace with the dilution AND THAT WOULD ONLY KEEP THE STOCK AT THE CURRENT PRICE. That's just to roughly break even each week.

The numbers on the actual "stock friction" (theoretical buy rate that it takes for buyers to overcome sellors and raise the stock price a given percentage) is staggering.

Solomon, Guest, and Martinez are filthy scammers living relative lives of luxury in Newport hiding their scam from their own friends and family while acting reputable. Their press releases contain red flags. Notice how they toss around terms like "major, growth and expansion, in negotiations" etc, with all these huge energy firms but almost never ACTUALLY NAME NAMES NOR DO THEY EVER RELEASE accretive values of the deals in their PR's??
Notice how when you ask them about that fact they cite "confidentiality clauses"?

Does the question in your head ever come up: "how can this deal be confidential if its material to stockholders?"

THAT QUESTION should pop up... Because the FACT IS that "material to shareholders" trumps secret handshakes and winks.
See interesting Uni Pixel Inc. article on pump and dumps and check out their chart. See if any Uni Pixel red flags are mimicked in UBRG PR's.

Look, I know you've lost all but a few hundred bucks. I really wish we were not even discussing this. I wish UBRG would announce something with gnashing teeth that really had bite and could swamp the shorts... I wish you were up a fortune. I'm sorry you're not.

But is there really any reason to give Solomom, Guest, and Martinez your last few hundred bucks so they can spend it on a a nice Friday lunch, or a weekend in their beautiful homes and trophy shallow wives?

Gallatin....
I get it. Truly do. I've felt your pain and walked in those shoes.

I just don't see the point in holding to zero.

What are you talking about when you mentioned a paid pump?

The PR's cannot move this stock higher because of the dilution rate.

This is not "just an opinion" it is a fact.

Look at the institutional holders...

????
Find any?

This stock is what we call "thinly held, widely traded". The bulk of the traders are retail. They can come in and buy a million shares if they'd like but even 10 of those buyers cannot compete with the mere $25,000 in debt/salary etc. that those same 10 million shares would be used for debt.

The sustained rate of retail buying needed to overcome the dilution is mind boggling and hence, impossible.

In regards to "no options" or "no choice" for those of you already in...
The stock is being traded... So you do have a choice...an option... You're just ignoring it and ignoring the obvious by convincing yourself that you'll miss the big move if you sell.