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Miami Sun, there is no such thing as "Retiring Shares"...
Budget
Can Charles Vaccaro please come out and play, we can play Tag, Kick the Cans or even Pump And Dump....hey...lets play Pump and Dump and I think Charles should be the one to start this game off.....hopefully SOON.
Impatiently Waiting..
Budget
ADVFN is working on the market data feed issue (Update #3)
Tommy, it's Wake and Bake time...lol
Go UTRM...
Budget
Yes Miles, but those companies do not have numbers like these numbers....
Authorized 6,000,000,000 shares,$ .0001 par value; and 5,399,150,321 Issued and outstanding at December 31, 2014 and 5,671,159,696 Issued and outstanding and December 31, 2013 respectively.
This isn't my first rodeo....
Budget
What you are doing is asking them to Reverse Split us...that is what usually happens.. R/S, Name Change and New Symbol.
Budget
UTRM does not own a car lot, our "WHOLLY OWNED SUBSIDIARY" does.
Budget
Those shares are in play Tommy. Roughly March 19 will be a year since they canceled them, I figured right around that time, give or take a day or two.
GLTY
Budget
Here is some interesting reading on a off day..
http://www.sec.gov/investor/pubs/rule144.htm
Here is what C.V. and Team has to do...
http://www.rule144letter.com/frequently-asked-questions-faq
These 2 links tell what C.V. is....
http://www.sec.gov/divisions/corpfin/guidance/rule144interp.htm
http://144letters.net/what-is-a-control-person-or-affiliate-under-rule-144/
http://www.sec.gov/answers/rule144.htm
Question: If an institutional purchaser buys a block of shelf-registered securities directly from the issuer, will the securities be deemed restricted securities?
Answer: Where there is a sale of a block of shelf-registered securities directly by the issuer to an institutional purchaser, the securities will not be deemed to be restricted securities that are “acquired directly or indirectly from the issuer... in a transaction ... not involving any public offering.” However, the purchaser of the securities will still have to determine whether it may be deemed an underwriter in connection with resales of such securities. Such a determination will depend upon the facts of the particular case. [April 2, 2007]
http://www.sec.gov/divisions/corpfin/guidance/rule144interp.htm
What are the basic requirements of Rule 144?
There are five basic requirements of Rule 144, although not all requirements apply to every sale, as discussed below:
• Current public information. Specified current information concerning the issuer must be publicly available. See "Rule 144(c) - Current Public Information Requirement."
• Holding period. A six-month holding period is required for "restricted securities" of an issuer that has been a reporting company for at least 90 days. A one-year holding period is required for "restricted securities" of a non-reporting company. See "Rule 144(d) - Holding Period Requirement" and "What are restricted securities?"
http://www.pepperlaw.com/publications_update.aspx?ArticleKey=1034
Retired Stock
A company may repurchase shares of its stock from investors and then cancel, or retire, those shares. Retired shares cannot be used for employee stock option plans or any other purpose. Although the number of authorized shares remains the same, the number of outstanding shares and the number of issued shares are reduced by the number of shares retired.
Interesting here.
http://users.wfu.edu/palmitar/Courses/SecReg-Palmiter/Handout/Articles/Reselling-securities.html
http://www.investopedia.com/ask/answers/08/unregistered-securities.asp
It tells the UTRM story...
Budget
Budget
29,345,100,<<< 3 month Average Volume, put that on your calculator, many new members here, "new management" talking about millions of dollars, pump is coming. First time I have been excited about this stock in about a year.
Just my opinion...
Budget
6Weekbeast, is there a 6 week paid pump coming?
Hopefully...
Budget
I have seen others here talking about a new symbol.. let's see what we can come up with... Sunrise Auto Mall Inc. ...so we have an S..A..M..C I think the C in inc. should be used. I think if we look hard enough at the letters above we should be able to come up with our new company symbol and what were all about.
Just my opinion...
Budget
""9:28am""Tick..Tock..Tick..Tock..eom
Loyal, you were the lucky one...eom
Maybe we will get news on the Security Breach today?
Budget
Chris S. needs some kind of motivation..eom
Homervb, http://www.sec.gov/complaint/select.shtml We are both in the same sinking boat(.01) on Fecal Lake.
Budget
I wonder what time James has to get up every morning to get ready to go to work? I bet that drive back and forth every day from Lyons, Oregon to L.A. California gets pretty tedious..or..maybe he is carpooling with someone...or...does he fly back an forth everyday? Those are the tough questions we have to ask ourselves.
Budget
Going to sit down with some Blueberry and watch "Better Call Saul" right about now...
Budget
My Son ask me the other day if this was my stock, after I stopped laughing hysterically... I told him no...no it's not mine..
http://www.usweedchannel.com/
Budget
Ckmac seconds the motion..eom
We lost another Moderator, I would like to suggest 2Tommy2 take that position, Tommy hit that button up there(Add me as a Moderator)and we will have a more fair and balanced UTRM message Board.
I hope you take it...
Budget
2Tommy2, thank you for taking the time and effort to share your Due Diligence with us....greatly appreciate it.
Again thanks...
Budget
I think I could go find a homeless person right now to run UTRM and they could do just as much if not more then James has done for us this whole time before the market closes today....
Budget
Miles, good post, I had 2 posts ready saying what you just posted and didn't push the Submit botton,(about Patents).. decided to be a smartaZZ instead. GLTY and hang in there..it can't get much worse,..can it?..lol
Go Cavs..
Budget
For Entertainment Only.. James needs to put the bong down...grab the remote control and shut off the cartoon network, get up and come up out of his mothers basement, beg to borrow a dollar off his mom and go outside and get into his 1975 Ford Pinto and hope on the way to McDonalds to get something off the Dollar menu he is ass ended...then and only then UTRM might have a chance to survive and prosper ...lol
Budget
ToucanYoucan, yes we are the DARK and heading for DEFUNCT...I am hoping this is not their "EXIT STRATEGY" <<..seen this before.
http://www.investopedia.com/terms/e/exitstrategy.asp
Budget
Ducktor, DEFINITION of 'Defunct'
"The condition of a company, whether publicly traded or private, that has gone bankrupt and ceased to exist. If the company was publicly traded, it will be delisted from the exchange where it was listed, and its stock will be worth nothing."
http://www.investopedia.com/terms/d/defunct.asp
It's just a roundabout way of warning the filings are not up to date.<<<<just my opinion only..
Budget
When the SEC or FINRA put that "STOP" Sign on UTRM that screwed James for a 2 year holding period on his Restricted Stock instead of just 6 months holding period. The only way is to get rid of that Stop Sign is to get the filings up to date....and he says he is working 24/7 to do just that...we just can not win...lol
Budget
Here is a SEC link about restricted shares that tells the story about Chris and James...please if you got time read through it..it's very telling about what is going on....
http://www.sec.gov/investor/pubs/rule144.htm
Budget
Boobie, you are completely right except that Chris S... and I am pretty sure had the filings up to date when he stepped down. I think James has been purposely not filing because he is hiding things that are not good at all for the shareholders. I have said this for a long time now...there are "hidden filings" that we are not privy to and if James is a shareholder he probably was given RESTICTED SHARES and is only a few months away from dumping them....we will start getting news around that time.
Budget
http://www.sec.gov/Archives/edgar/data/1165194/000151597115000027/xslF345X03/primary_doc.xml just curious what you thought?
Budget
Yes, I used that one a while back with no response and this one the other day with same results.. sales@potnetwork420.com that is why I was asking someone to post if they had a different email or had his cellphone number..<< it was mentioned that someone talked to him on his cell.
Glta..were going to need it..
Budget
Who is this "we" that you speak of...and why are you and others so confident? Anyone, please post James email address or phone number so all shareholders(881) can invite him here to the UTRM message board so we can get some much needed questions answered.
Thanks..
Budget
I was just sitting here thinking...yes..it happens...and after I took a couple aspirins I thought....hey..why don't the UTRM shareholders reach out to James through email or phone and invite him to come to IHUB to our message board for some Q&A. There are 881 followers here(and falling) that I think would like some questions answered by are Chairman or CEO. Could someone please post James email address or phone number again and lets all(881) invite him to come discuss what going on with our company now and going forward.
TIA
Budget