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Look at the massive sell volume and pressure.
Avoid this stock.
It's being diluted and retail holders are being played as suckers by an unethical mgmt.
There is virtually no price you could buy at here without losing. It's not rocket science... It's math.
The conversion of debt into stock at this price swamps the stock and it will continue.
It takes the company shares 434 shares to pay off each dollar written into convertible notes, warrants, shares or units.
Toxic.
Jon makes some sense.
I mean dilution is occurring no matter what, so at least the last dividend offset the dilutive rate attributable to the shareholder....
BUT....
Given the rear view nature of the last stock dividend I pose the question: knowing what you know now about the stock performance since the last dividend, what would you rather have? The dilutive nature of the dividend OR no extra (can't call the stock dividend free shares because they weren't. Every shareholder of record paid for the shares they received when you factor in the face value of the dilutive effect to expand the A/S from 1 billion to 3 billion) shares and a higher stock price?
Last July, the shares were trading at $0.02 per share. The drop represents a 88% loss in value for shareholders of record on the delivery date. Anyone who bought then and held to today needs a 700% return just to break even.
The numbers are staggering.
Another similar "stock dividend"?
Here's the theoretical costs:
Share price today $0.0027
They'd boost the A/S to 6 billion shares. The face value of dilution would be 50% which would IMPLY (but not be realistic) a swoon in share price to $0.00135.
The actual dilutive effect off near 88% would be represented with a $0.0004 (est) price tag. Leaving any shareholder who opted to hold through the dividend with a need for 600-700% return from $0.0004 just to break even assuming they bought at $0.0027.
Anyone who had bought at that July 2012 price of $0.02 would need a whopping 1500% return to break even.
Lets say they do the R/S for a 1000:1 at $0.0004....
Share price would be $0.40. In order for those poor souls who bought at $0.02 to break even??? They'd need to see a $6.00 price tag on the stock to break even.
Those are just the raw, across the table numbers. So many negatives not even included because I don't want readers who bought and held from $0.02 to spontaneously projectile vomit over their laptop, PC, tablet, or smartphone.
This stock will turn the corner...that is, if they ever get to it.
They have yet to complete the R/S which is crucial.
They'll use the R/S and higher share price to get rid of the remaining debt (read the CHAMA deal to understand what debt will be left on the balance sheet).
The squashing of the debt will come with dilution after the R/S but that's fine because it still should leave a stock price in good enough shape to look attractive. What that means is I wouldn't buy ahead of the pending R/S nor immediately after...rather I'd suggest waiting to see via PR or SEC filing if any immediate dilution terms are toxic.
Once the dilution is mostly done, the stock will be a very strong buy because CHAMA can make a profit with their patented tech. Also, I'd suspect that CHAMA will want a strong stock showing given the past PR's (see CHAMA 2012 PR's for IPO) so I think they'll very aggressively market the stock. Legitimate or pump and dump remains to be seen but I doubt traders biased towards long positions will care either way.
None of the above amounts to a hill of beans if they don't complete the R/S because the terms of the HPGS/CHAMA tie up clearly illustrate that the tie up is contingent on the R/S.
Wilma,
I agree with you! You've no idea how much I agree that it'd be foolish to base action off Yazoo or Ihub posts.
UNFORTUNATELY UBRG knows that once you're in, you're in and they know it'd be foolish for you to get scared off by some anonymous poster.
So where are you supposed to get any credible info?
Per your own discussions you've called them and they've told you things that you thought were borderline material info... Does that seem Kosher to you?
Did they? Would they? Can they repeat what they've told you over the phone in an email? No? Does that seem kosher?
So where Wilma? Where can you get the real deal? PR's? NO!
The SEC filings. The Balance sheet.
I've done that and done it for you or anyone else who asks. The company is broke. They are so broke they can't even pay their bills. They're grown men... MEN! Who've duped so many people that I don't even acknowledge that they're real men. They're scammers in my opinion and their whole world unravels as soon as the stock drops to triple nuts which is why they need the R/S.
UBRG owes +30x last Q profit AND THEY OWE 150X MRQ cash on hand.
Look... Stay long... Best of luck. Hit me up if you're ever confused over something re: UBRG. Other than that, I've said my piece. I'm not about to hang out here or in the Zoo talking to people who don't listen.
Look Gold,
I understand you can't post anymore. Wish you could though.
There are different forms of "industrial" complexes... It's about zoning laws and permits of OCCUPANCY TYPE.
A flower can be a rose, a tulip, or daisy,... While all different we commonly accept a informal term of flower to describe them.
Same holds true for an industrial complex.
I know you're long. And it sucks. I am sorry. I really am. Ill tell you and any reader this:
I was asked to look at this stock and I did. IF I HAD FOUND REDEEMING QUALITIES about this company or the stock I would be writing about them and doing the same level of research.
There simply IS NOT A REDEEMING QUALITY. The company is the very typical penny scam that I've seen a thousand times and ill see a thousand more, I'm sure.
I can't talk you out of your position and I can't talk Wilma out of hers, or anyone else for that matter which suits me just fine so here... Ill offer this:
And this offer stands for any reader: if you see a PR or and SEC filing by UBRG and have questions about it then look me up and ask. Ill give you a no holds barred description. If its bullish ill say it and explain why. If its bearish ill say it and explain why.
For F's sake... If there was a chance this company could come through with any of their PR's I'd buy hand over fist but THERE ISN'T! Their SEC filings spell BROKE and falling deeper into debt.
So why? Why would I help? Why would I describe a bullish event if one were to occur? Because I'm bearish the stock but always on the side of retail. ALWAYS.
Anyway... Sorry about the douche comment. You called me out on something you googled and didn't know for a fact.
It's not a slip up at all.
It's an industrial complex. Tell you what gold... When you actually see the office firsthand, you can feel free to debate me on the topic. Until then, by all means, continue to judge that book by its cover.
Any buy here is lunacy.
You know they're going to do a reverse split and you know why...because they want the share price in a more popular price range to attract investors. BUT you know what attracts investors right?: Compentent management truly seeking to offer investors returns. UBRG does not have that. They can price this stock at whatever they want and their SEC filings will still speak for themselves. The company is only interested in diluting shareholders to pay their bloated salaries.
Seriously, these guys live in Orange County Ca. A stones throw from me. Their office is crap. They can't even keep employees. They pump their own garbage stock while collecting fat (even by Newport Beach standards) paychecks in efforts to keep the rouse alive.
You know they're changing their name right? They say the name change is to better reflect their business model but that's crap! Hogwash! They need to change their name because they've tarnished it so badly that no polish will fix it.
Mention UBRG to anyone near them and they all know its a scam! So they'll change names, maybe change offices and try to fool new investors.
You know they had a PR not too long ago where they mentioned a stock buyback? It's an incredible lie but they are legally allowed to write it even though they KNOW there is no money for a material share purchase. They're allowed to list it because its an option for all companies and options cannot be removed regardless of how ludicrous they are because it would be seclusionary.
This company can write any PR regarding their intent because its difficult to prove that intent does not actually exist... And the worst part of it is that some people are simply too simple or blinded by the idea of quick money to see through it. They eat it up hook, line, and sinker.
Here's an example of intent. I intend to build a starship and visit Mars. I have no resources to afford the endeavor. I have no skill set which would suggest I'd survive. I simply cannot ever do it. Despite knowing all those things that I've just stated, you'd be hard pressed in today's courts to prove the intent does not exist.
UBRG can write all they want in PR's about their intent and despite countless SEC filings proving they've none of the resources required because its not illegal to write about intent. In fact, it's absolutely "buyer beware" and it's up to the individual investor to look at intent and weigh it against resources.
Look at their PR's and then contrast them against their SEC filings. You know they can't do what they say they intend to and still think the stock is a buy? If, after all that's been written proving UBRG is a scam, you still want to buy more... Well then I'm sorry... But you're going to lose your investment and you have it coming.
They've got no cash for continuing operations. For "EFFS" sake, they spelled it out in their last Q that revenues do not cover operations. They've accumulated millions in debt and use shares to pay it.
They've spelled out countless reasons to avoid this stock in their SEC filings and then, knowing Q's come out every three months proceed to bury the rare Q under countless "intent filled" PR's.
Solomon, Martinez, and Guest need you. They need you to believe them and not believe me. You are their paycheck. You are their lifestyle. I challenge you to do this: I've been on the UBRG boards for about two weeks. The stock has lost nearly 30% value in that time frame. Read my posts and find ONE LIE... Find one thing I've said wrong about UBRG that you can prove is wrong.
Now, that's a short task... I've got a dozen or so posts on UBRG so it won't take you long to read em.
When you're done reading my posts on UBRG, pour through the countless PR's UBRG has issued. Boy! They all sound sooooo great don't they? But the stock keeps falling??? Read the SEC filings... Just the last one... See the debt, the dilution, the revenue, the cost of revenue, the failure to cover costs through operations revenue. See through the fluff PR's and see the reality that the company writes about intent all day long because its legal and they can while PROVING they've none of the resources to ever make intent a reality.
Wilma,
Check the chart. Those "others" who made claims about the "triple nuts" ($0.000?) may not be right yet, but that doesn't make them wrong.
Not too long ago this stock was nearly 3 cents.
It would take a 1500% upside move to make anyone who bought there even.
Even closer still, when I have this stock a cursory glance she was $0.0125. Had I bought then (I think you were around at a higher buy price even then) it would take a 400% upside move to break even from today's close.
I usually have a rule about stocks... You can't be bearish forever on even the most hated stocks...sooner or later they fall well below your expectations and eventually become a value play.
The exceptions to the rule are fraud based stocks like I believe UBRG to be. Loaded with debt, filling channels with non-binding PR's, and diluting the crap out of anyone who holds...
They are the exception because they will, (happens every day) disappear. One day you'll open up your trading account and see the symbol no longer exists and the money you had in UBRG is gone.
On a brighter side... The trading week is over...the weekend is here. I hope yours is great.
Wilma,
The R/S has nothing to do with peripheral news nor the ability of co. news to move the share price.
The R/S has everything to do with the debt. The debt features require face value on the stock or the company is in default. As the stock prices nears par ($0.0001) they are required to maintain a liquid value higher than $0.0001 BECAUSE the notes, warrants, etc. offer the holders shares at discounts to the close. A share cannot be discounted below par, therefore the R/S will be necessary or the company defaults.
The name change: They've done it before (see dominion) and they'll do it again. The reason they offered up to shareholders is a sham. It has nothing to do with better reflecting their company... After all... APPLE (AAPL) doesn't sell apples do they? Or any fruit for that matter. It's a rouse directed at shareholders and an effort to lure in new money...because UBRG stock and the namesake Universal Bioenergy is tainted.
Your piece on the dilution: holding the shares and loaning them out for shorting (specifically approved in SEC filings) are two different things so your point is moot.
I don't think you should hold. I've said my piece. I've referenced verifiable SEC Filings and PR's to back up what I've written.
I've read many of your posts. It's clear to me that you've spoken directly with UBRG execs and discuss topics with others who have spoken with UBRG execs as well which may play a role in you/others holding on so tightly. I'd caution that you've been duped by a slick Rick snake oil salesman WHO KNOWS when push comes to shove you won't be able to prove anything you claim to have been told. Even with impeccable notes, Class action lawsuits take years/decades to settle and when you finally see Solomon/Martinez/Guest in court they'll lie about you and say you're making it up AND YOU WON'T BE ABLE TO PROVE OTHERWISE.
My advice, get them to repeat what you claim they've told you over the phone in email. At least then you'll have something to back up phone call claims.
Best of luck. Because you offered a succinct (but flawed), and respectable debate to me ill offer you this:
I hope, really hope I am wrong and you are right. I hope UBRG explodes higher and makes you a lot of money. I hope you get to tell me "I told you" because I hate seeing the fraud wipe good intentioned people out.
I'm never on the side of shorts and fraud...always on retail side. It may not seem like it because I say nothing good about UBRG but a wise person can see that I can be bearish this stock and still be pro retail traders.
Oh...
By the way...
To the longs who are holding on too tight despite evidence that this stock can only sink:
The reverse split? I must be a basher right? Making crap up?
WRONG: UBRG already filed and made public their intent to R/S. Furthermore, the board, (holding the majority of shares) didn't need to vote on this, nor do they intend to "re-inform" retail shareholders...they're just going to do it. One morning, you'll wake up and the stock will be between $1.50 and $1.90 and you'll have a heart attack thinking you just struck it rich... Then you'll see your account balance has not changed, only your share count has and you'll say "he was right".
This is public record. They will R/S and they don't need a vote, or to remind you of the SEC filing where they stated they would R/S.
On the name change? Again, Public record via PR/SEC filing. Their company name is mud...the only way around it is through trickery... Change the name and lure in a brand new group of investors to bilk.
On the dilution? Public record via SEC filing readily available for you to view... And here's a bonus... Those warrants and notes... They give those guys the EXACT SAME SHARES you either bought today or thought about buying today at a 30-60% discount to the closing price...again... It's all in their filings.
Sell it if you own it, or avoid it if you haven't bought yet....and hope that one day, Solomon, Martinez, Guest... Hope those frauds get in fiery car wrecks or get "dick fuld'ed" on the treadmill at their gym by an investor, or hope the SEC indicts them and they go to jail.
Damn right they'll be lied to. THINK ABOUT IT? It's California...you have zero right to record the conversation without expressed permission so other than a phone log and records that a phone call occurred you'll have zero leverage against any exec at UBRG. Without accountability they can tell you anything they'd like over the phone and there's not a thing you can do about it.
Of course they'll take your phone call AND OF COURSE they'll reassure you because they hope you go blab reassurances in here or on Yazoo or anywhere else for that matter to do what??? To raise investors capital for THEM.
They'll take your phone call, but what they WILL NOT DO is repeat, verbatim, anything that is said over the phone in an email correspondence. Why? Because emails would give you leverage in an SEC proceeding.
Solomon... Martinez... They are modern day swindlers. They are both liars, schemers, and frauds. For F's sake read the PR's. Sure! There's lots of words in those PR's but they don't commit to anything to the shareholder. If my lawn guy gave me a contract written the way these guys wrote PR's I'd have no legal recourse when the lawn was waist high BECAUSE THE PR's are all gloss. THE PR's are designed to do two things:
1.) Fool naive traders into thinking the stock is a value play
1.) Bury horrid SEC filing news releases under countless meaningless PR's because if the first thing you saw when doing initial DD on UBRG was their NT filing or 10Q or 8k's... You'd run and never look back.
I can't say it enough... Solomon and Martinez are frauds perpetrating crimes against investors.
Yeah...I gotta say...I really do wish things would pan out for shareholders here, I just doubt they will.
Looking at their SEC filings, they haven't filed a on time Q Since early 2012 or late 2011 and looking at their Q Outstanding Share count and Q stock H/L's the stock is moving in lockstep with the dilutive debt features. Unfortunately for any shareholder who's bought either recently, or when the stock was $0.01 or higher, the dilution will continue.
I wish there were something positive to say about UBRG but the fact is there is not. They've destroyed the stock with convertible debt features, they've outspent any profit, and they're falling deeper and deeper out of whack with the SEC which means one quarter soon, and without notice they simply will cease to file Q's.
The website is down because they don't have the financial resources to maintain the website or the features associated with a website. They spend DEBT (which is shareholder capital) on PR's in an attempt to pump the stock but everyone (except retail rookies) is on to the rouse.
Like I said, I looked at the stock. Everyone hears about a stock ready to "explode higher" and that's what I heard so I looked at them. My conclusion? They're a sham. The execs know it too. Solomon, Martinez, etc... They know the stock exists SOLELY to create an asset from which to borrow against to pay their salaries and that's what they're doing. They're doing it now as they did when it was Dominion Mining, and they'll do it again when they change the name from UBRG to some other name to "better reflect their company business model".
The stock is a sham. If you own it, and hold it you're going to lose all of portions of your investment. It should be illegal, to operate a stock like this, unfortunately, it is not. All they have to do to make it legal is throw a disclosure into their 10Q, 8K, NT's or PR's telling you to do your own research and draw your own conclusions.
The website is down BECAUSE the company has limited operating capital and simply cannot afford/chooses not to maintain the site.
Any other reasoning is simple BS. There are no grandiose plans for a bigger, better, brighter website. It wasn't taken down to indicate imminent and incredible advances.
It was taken down because the resources required to operate and maintain a website and the resources required to field investor questions DO NOT EXIST AS THEY CANNOT BE AFFORDED.
Quit fooling yourself. You KNOW UBRG is a scam. You are not an idiot. Their PR's are crap, the company exists only as a shell to use the shareholder capital to pay UBRG execs.
I'm not shorting. I heard about the stock, looked at their SEC filings and their PR's as well as their stock performance. It's a sham. The company has financed every single last operation with shareholder capital and there's nearly nothing left... 2.5 billion shares of which nearly 700 million is the float which means their shareholder capital has lost 33% JUST SINCE Thursday, June 5th. When you see that kind of reduction in your debt facilities you cut expenses to ensure your paycheck remains.
The company stock is done. They'll either BK the company/stock or they will R/S and continue dilution or they will quietly shutter the doors, rename the company, cancel the existing shares and offer new stock under a new name.
It's a pump and dump. Any "trader" writing here that they like it and just bought more are hacks. Hacks, lackeys or etc who probably are so low on the totem pole they actually won't see any money from the higher ups. Just pay as usual.
This company has zero fundamentals and the only reason it soared 100% from its lows is because its a fractional penny stock with low volume. I know kids who could manipulate this stock with their allowances.
And so what if the "last" price was 100% above the 52 week low? You couldn't have sold it there... It's a charade... A scam.
To the person who asked about the volume and upward movement?! Yeah! I remember my first stock. It's a TRAP! A pump and dump on a fractional penny stock. Ask yourself: How many shares would it take to trounce average daily volume and how much would it cost?
Average daily volume for the prior 10 days was 67k. 67k X $0.003?
Haaaa what's that? $180 dollars can move this stock? Wow!
To the guy who wrote "I like it, just bought more": no you didn't... You're nothing more than a part of the wheel. What part you ask? The Hub? The spoke? The rim? The tire?
No... You're the part of the tire that's gets stuck to the tire when the tire runs through some crap.
Avoid this stock. Brandon is a liar and criminally responsible for breaking SEC law. He stood by last year and told any investor or creditor that they'd be profitable by Q3 and then had the nuts to not even file a Q3 10Q.
Well that was a hardly productive response. Seemed more like turrets syndrome with a filter.
I don't know anyone from this board who still owns shares in this company but if you're reading this post and raising your hand saying sheepishly or disgustingly "I do", here are a few facts as to why you should sell.
1.) the reason HPGS didn't file a 10Q this quarter? Economics. They couldn't afford to. It was either make payroll or file. They chose to make payroll.
2.) Brandon/Hettingers have fired (let go) every last HPG employee. There are none left. Miller side still has theirs but HPG basically has Brandon. I suppose you could say there remain some independent contractors or vendors but not HPG employees. Seems material to me that a company fires every one but where was the PR to inform investors/creditors?
3.) HPG has tried to wring money out of CHAMA. Get them to pay bills or pay for the required listing filings or in some way deposit monies in accordance with the October LOI's and CHAMA has not.
4.) CHAMA has not satisfied any term or condition of the initial or amended LOI. Brandon is aware of this but had not issued a PR for investors or Creditors. Seems material but where's the PR?
Just four fun facts. Verifiable facts. Avoid this stock. They are bankrupt. They know it... They all know it... Investors haven't been told yet... Which is a crime because HPGS had known for months they're bankrupt and have made decisions to not issue the material news in a PR.
HPGS is effectively bankrupt.
My advice is to sell the stock.
Also line up for the lawsuits which will come. Not from the retail side but from the professional investors and creditors. You see, massive breaches of fiduciary responsibility have occurred in the CHAMA deal.
In my opinion, Brandon has known, as have the Hettingers, that the CHAMA deal is dead and its dirty that they've not told shareholders and creditors who continue to base investment decisions or recovery of debt decisions based on stated terms and conditions of an LOI that were never met or promissory verbiage between CHAMA and HPGS never materializes.
In my opinion, investors should absolutely avoid this stock and consider contacting their State Attorney Generals office to discuss recovery options because laws have been broken here.
HPGS did not file. The symbol reverts back to HPGS from HPGSE after the SEC requirements are deemed to not be met and it is determined that HPGS will no longer be seeking SEC compliance with future filings. In other words, they are pink sheet where the SEC designations such as adding the "E" are no longer relevant. You see...you only need to meet the filing requirements when listed on the NASDAQ or OTCCB markets...Once you get delisted from there and moved to the pink sheets you get the "E" removed because your filings are no longer relevant to pink sheet listing.