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Watching, Waiting, Hoping
If this increase of what, about three tenths of a penny has got these guys fired up, more power to 'em.
When a stock moves up on no news, poor financials, the invasion of scores of hyped up pumpers (like kids on sugary cereal), there can be no good result, but, hey, I hope they take it to $25/share!
LOL JMOI
Sumdude: Let 'em run. . . you never know
Even EarnestDD isn't saying much
Amazing that I have not seen 99% of the names that are now posting. Makes you wonder don't it. Reckon our heroes paid for all this??
JMO
Hey Divers! Let'em have their fun while they can. . .
UBRG will burn 'em when the 10K hits.
Can you believe the excitement over 6/10,000th of a dollar?
Now if we were talking 6 dollars or even 60 cents or even 6 cents
we'd be on to something. . .
JMO
You just can't make stuff like this up:
A short list of promises that never happen:
1. Rent out Biodiesel plant
2. Roblex Aviation
3. Indian Lands
4. Oil and Gas Wells in Jim Wells County, Texas
5. Texas Gulf Oil and Gas
6. Progas Energy
7. Space City Energy Deal
8. Gas Storage
9. Coal Mine
10. Bakken Shale Deal
11. Chief Financial Officer
12. Filing on time - oh, did get a new accountant after the old one went fishing.
13. Rainco Fiasco
14. Electric Power sales
15. Sacred Power Solar and Wind MOU
16. One year to accomplish a conference call
17. 2 Stock dividends that reduced share value by >75%
18. Houston Office - what good has that done us?
19. Full operation of Whitesburg Friday Coal Mine - really?
20. Major Surge of revenue to $200 million in 12 months - 14 months ago
21. Frankfurt Stock Exchange listing
22. NASDAQ Exchange listing
23. OTC bulletin board listing
24. International Monetary Agreement as Banking advisor - what?
25. UBRG retains Standard and Poor's - what?
26. Louisiana Property for Oil and Gas - almost forgot that one.
27. Progas Energy Strikes Oil and Gas
28. Financial Restructuring to increase profits - 2 years ago
29. New Horizons Energy Group deal
30. Amerisource Funding
31. NorCor Technologies acquisition
32. NDR Energy deal - 49% +2% (huh?), significant profit (huh?)
33. Algae Feedstock??
And now they want us to believe they're gonna send boatloads of coal to China for $30/ton profit? And people are buying it, hook, line, and sinker??
JMO
Its reflected in the poor PPS.
JMO
I don't think you caught the sarcasm, these guys evidently can brew up a good PR, but can't make any action happen. I'd love to be wrong and will be glad to see some real results, but historically, they don't produce any.
Sorry for the sarcasm. I've been here 5 years plus some, have averaged down to 0.03 and I'm here till they cut the lights off. My goal is to stir shareholders to strongly encourage management to get something good going. It can be done and the potential is unbelievable.
JMO
Wow! When Texican, Space City Energy and NorCor all join forces the UBRG PRs will be full of excitement!!
LOL JMO
Don't get hypnotized by the PRs! Pay attention to past performance!
If half the PRs they put out came true, shares would be worth more than Google!
Better effort would be made by demanding management actually perform some of these miracles they dream, plan and anticipate in their PRs.
JMO
Note the direction of the chart. . .
With no actual results, this direction will only get worse.
PRs that promise the moon will only take in the gullible.
If management will actually make something really happen,
value will improve. More dreams, hopes, plans, and MOUs will only decrease share value.
Come on Management!! Do Something Right!!
You should be ashamed that you've got some investors praying for the stock to go to trip zeroes. And also ashamed of the PPS, constant late filing, no results, no profit, worse than poor performance going on.
JMO
UBRG had positive results? I missed it! LOL
JMO
UBRG has long history of not fulfilling PRs!
Hope you're right! Many have come and gone here with their rears handed to them.
Need to keep encouraging management to actually live up to the dreams they put in their PRs. If they do, all will be great!
GLTA JMO
Hey Ash! Did you read my post with the list of 30+ items that are all advanced negotiations that never happened?
Check it out! Let me know what you think.
JMO
You're kidding, right? These bozos wouldn't recognize a profit if it snuck up on 'em and hollered "Boo"!
They have had so many plans, dreams, hopes and MOUs and have done absolutely nothing to make any of it actually happen.
Think about it. The only real results they've accomplished is getting off the DTC Chill and the government showed 'em how to do that. These contracts that NDR have gotten produce microscopic profit, such that operating costs leave debt.
I wish they would accomplish half of their plans, dreams, hopes, and MOUs - we would not be in the position we are in.
On the bright side, they have not done a reverse split which would be absolute pure poison for this company. I hope they continue that, but would not have to worry about it if they would produce profit, reduce debt and maybe even buy back shares.
And an appearance of good faith would include filing on time. which never seems to happen despite all the opportunities and time to do this. And telling us that they are going to do it!
It can be done, they just need to do it.
A short list of promises that never happen:
1. Rent out Biodiesel plant
2. Roblex Aviation
3. Indian Lands
4. Oil and Gas Wells in Jim Wells County, Texas
5. Texas Gulf Oil and Gas
6. Progas Energy
7. Space City Energy Deal
8. Gas Storage
9. Coal Mine
10. Bakken Shale Deal
11. Chief Financial Officer
12. Filing on time - oh, did get a new accountant after the old one went fishing.
13. Rainco Fiasco
14. Electric Power sales
15. Sacred Power Solar and Wind MOU
16. One year to accomplish a conference call
17. 2 Stock dividends that reduced share value by >75%
18. Houston Office - what good has that done us?
19. Full operation of Whitesburg Friday Coal Mine - really?
20. Major Surge of revenue to $200 million in 12 months - 14 months ago
21. Frankfurt Stock Exchange listing
22. NASDAQ Exchange listing
23. OTC bulletin board listing
24. International Monetary Agreement as Banking advisor - what?
25. UBRG retains Standard and Poor's - what?
26. Louisiana Property for Oil and Gas - almost forgot that one.
27. Progas Energy Strikes Oil and Gas
28. Financial Restructuring to increase profits - 2 years ago
29. New Horizons Energy Group deal
30. Amerisource Funding
31. NorCor Technologies acquisition
32. NDR Energy deal - 49% +2% (huh?), significant profit (huh?)
33. Algae Feedstock??
Any others?
JMO
That's it exactly, somehow or another, they heard some guys at the end of a bar talking about selling coal to China. They told them that they kinda sorta owned part of a coal mine and the other fella says, hey, we'll cut you in! Now, another guy walks in the same bar whose wife's uncle knows a man that rents railroad cars, all of a sudden, he's in on the deal. All of them have probably been hanging around the same bar waiting on some guy that might know a fella that used to work on a tugboat. They figure he might know somebody that could get a load or two of coal headed in the general direction of China. At that exact moment, one of our heroes calls the UBRG Houston office with urgent instructions for Nicole Singletary to drop what she is doing on the Rainco Fiasco and get a series of PRs out about the great forthcoming deals management has hammered out about selling coal to China. Don't let all the PRs out at one time, you gotta dole em out slowly! This might be just the ticket we need to throw those pesky shareholders off the scent, don't forget we've got a nasty 10-K coming up and we don't want them to focus on that any longer than necessary. maybe they'll fall for that thing about increasing shareholder value again, that always gets 'em, heck, maybe even some newbies will swallow the bait again. They all convulse into laughter around the table at the end of the bar.
LOL JMO
UBRG has little to attract a buyer, an occasional small margin NG contract every now and then but everything else are plans, dreams, hopes, and MOUs. They also offer 3 Billion approved shares, about $23 million in debt, and no profit - ever.
Management may "Get It" at some point and who knows, they might just "DO IT".
If they ever "DO IT" the return will be tremendous.
Till that day!
JMO
Maybe one of them will buy UBRG out.
Something good needs to happen to these poor beggars!
Is Texican public??
JMO
Margins for everybody go up as NG goes up,
That is, for everybody except UBRG.
Hey, you're preaching to the choir here,
Its management that needs to listen to the sermon!
And then act on it.
JMO
You know, you're right! Texican ought to buy UBRG - about $606 million ought to do it and presto! They've got all these deals, plans and MOUs just ready to go! Give 'em a call and put 'em in touch with Solomon Ali, or better yet, go right to the top, tell Texican to just make the check out to UBRG c/o Vince Guest. he's the president and I'm sure he will be very gratefull, along with the rest of us shareholders. You should get a nice finder's fee out of it to. I'll vouch for you!
LOL JMO
I don't think you're getting this,
Many companies are making money in the industry. Problems here are related to managment. As outlined in my last post.
JMO
Hey VortMax: It wouldn't matter if the price of NG went to the moon. UBRG makes pittance(if that much)per unit. Their profit is non-existant for all intents and purposes. I wish it were not that way and significant profit would be here, but management just doesn't seem to get the idea that profit is needed to increase share value. Management seems to believe that if you put our PRs about every plan, hope, and dream, other people will buy into it and the pps goes up. Well, once, a very long time ago, it did. PPS went from 0.09 to 0.45 in about 4 hours after releasing a PR about renting out some old biodiesel plant. Of course, it crashed back down and now, like true drug addicts, they are trying to achieve the same result from the same action, and it ain't working. They also seem to have this thing for creating billions of approved shares which leads to dilution of value rather than increased share value. They also seem to like to rack up debt. About $23 million of it last time I saw any decent figures. Kinda tough to make the numbers work like that when no gross (or net) profit has ever been produced. Not ever, zilch, nada! I believe these are facts. If I am wrong, please, anybody, let me know and I will humbly admit my mistake. I have been here more than 5 years and am waiting for them to not only "Get It", but "DO IT"!
Glad you're here! We need folks to ask management to really perform. They can do it. The potential here is awesome. They just need to do it. Real results, file on time, avoid a reverse split, reduce debt. Just do the real management thing. Its kinda like real work, but it needs doing and would payoff for management and shareholders in a large way.
JMO
Hey Management! We're Going Down!! Help!!!
JMO
Just goes to show. . .IF they'd do half the stuff these PRs say, we'd be retired multimillionaires by now. But they just don't do anything they say they are going to do to amount to anything that is significant.
JMO
Here ya go there Diver!
On May 2, 2012, the Company announced that it had signed an agreement for natural gas storage services with one of the largest natural gas utilities in the United States, with over 134 billion cubic feet of underground gas storage. The customer's parent company reported over $10.0 billion in revenues in 2011. Universal is forecasting strong earnings of $6 million to $9 million from gas storage services and related new profit centers. The profit centers from gas storage include, natural gas scheduling, gas nominations, capacity releases for the release of transportation capacity on interstate natural gas pipelines, gas transmission, options, futures contracts, spot market sales, physical trading, financial trading and hedging of gas futures.
But, as usual, I doubt this Dream PR plan actually, happened.
This pr and the others about their gas storage dreams are out there! I think more folks than you knew about are aware of it. I did post it yesterday, but it was taken down as I'm sure it offended someone. As for a link, just Google UBRG natural gas storage. It's the first one that comes up. And there are others, too.
Let me know what your thoughts are!
JMO, ROFLMAO
Might not have to, but ought to!
JMO
It would be the right thing to do.
JMO
Wonder how much they have stored??
I kinda doubt its been happening.
JMO
Good thing we've been storing cheap NG!
Lol
Hey Locks! Find any significant profit yet?
Hint: it ain't there!!
ROFLMAO JMO
Hope this might me some real news coming
Pay no attention to the man behind the curtain holding the 10K
LOL JMO
How's that search for profit going for ya?
LOL
Fluff = Lead, Results = Gold, Profit = Platinum
JMO
R/S = Pure Poison.
Actually can't be done for about 2 1/2 more years
because of the DTC Chill that happened.
DTC will put them on a DTC Lockout that
no penny company ever comes back from.
That chill may have been our bestest friend. : - )
JMO
Umm. . . actually there is dilution going on
Approved shares went from a few million to one billion now to three billion and the PPS has gone down exponentially from $5/share five years ago to fractions of a cent per share now. Classic definition of dilution. Dilution is only one head of the serpent, there is painfully low PPS and nearly as painful debt mounting by the day.
Can they pull this out? Sure. . . but it is gonna take billions to do it.
Do I want them to pull it out? Sure Do. They can do it. They need to know that we want them to. Management does not need to believe that we are satisfied with the present direction of our company or the lack of results so far.
To quote "Trust me, we get it" It doesn't appear so.
JMO
So where is this profit you showed??
and did you discover the amount of debt that offsets any miniscule profit that might have been made??
JMO
Tell me about gross profit versus net profit
Is that how management manages not to show any profit?
Jmo
History Repeats Itself!! HA HA HA HA!!
List from Letter to Shareholders, Love Number 10
How do we plan to fix it, and increase our share price?
We have made it a top priority to take some very critical steps to increase the short and long term price of our stock. Our plans to increase our share price consists of several strategies including the following:
1. Aggressively pursue generating positive earnings for the 2012 fiscal year
2. Create greater “Brand Awareness” and interest in our Company in the public marketplace
3. Create a greater demand for our stock, increasing our trading volume and liquidity
4. Build stronger business fundamentals, generate higher revenues and market capitalization value
5. Continue to reduce debt and improve future cash flow
6. Focus on adding new profit centers including gas trading, transportation and storage
7. Grow the company through more acquisitions in the energy and related industries
8. Improve our Balance Sheet by increasing our assets in cash, oil, gas, propane and coal
9. We are positioning Universal to potentially qualify, (possibly through a secondary public offering), and apply to be listed on a major national stock exchange such as NASDAQ, NYSE Amex Equities or others
10. Timely filing of all financial reports with the SEC
Anyone Not See This Coming? Really? Seriously??
That's a wee bit different than they have closed all negotiations they have started.
See post #21708.
Still looking for any that they have made a profit from?
Let us know when you do.
Jmo