Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Selling some now, will keep some to see how Raley can explain the A/S increase. I'll still hang out here and hopefully get back in later.
Price has held up fairly well today.
It's in his email signature. So if you received an email from him it's in there. I have it, I'll PM it. I don't think it's a good idea to post his cell phone # on a public board though.
OT: Ahh ok, cool, my brother was just there, he works for SalesForce. They are setting up a new datacenter there. He loves Singapore.
1:30? Where are you?
I wonder if this has anything to do with switching auditors recently.
Well, Raley has not led me to believe he is trying to pull a quick one on his stockholders. He has usually been very open and responsive to emails. I'm fairly certain this A/S increase is true, so my question would be why such a large increase and why not file it through proper channels as before. I might get out here if it goes up some and wait and see what happens.
Wouldn't they have to file an extension by end of day tomorrow?
Is this the twilight zone or something?!
It is from 2007, not sure why.
You are correct. Sorry about that, didn't see the amended part lol
I have not received a reply yet. I'll update the board as soon as I do.
O/S is 1,562,527,860 as reported by the Transfer Agent this morning at 9:57 am eastern. This matches exactly what they were saying yesterday afternoon. I asked about the Authorized Share increase and when it happened and he said they got the stamped copy from State of Delaware yesterday (11/12/08). They are still reporting A/S as 6.5 billion.
Thank you sir, good luck to you.
Whatever the case may be, I wish UVSE would go on a UPDV type of run. That is an interesting idea though of a possible acquisition.
"nice try"...do you think I'm trying to bash this stock?
Hopefully, if this is the case they need to get this fixed ASAP as it would turn off any potential investor.
I also emailed them. Hopefully they will respond to either one of us, even if they don't we'll know very soon when they release the 10-Q.
But this is not a pink sheet stock. I understand the difference between OTC and Pink as far as reporting goes.
Delaware Sec. of State just confirmed what the transfer agent told me today. Here is there response to my email:
Thank you for contacting the Delaware Division of Corporations.
As of 11-12-2008 the authorized shares are listed as follows:
Common Authorized Shares are 6,500,000,000 at .0001 par value
If you have further questions please contact General Information at 302-739-3073.
How can they increase the A/S without filing for an increase and follow proper channels?
Maybe the guy I spoke to is smoking some funny stuff. I'll call tomorrow and see what it is.
Yeah, I doubled checked EDGAR and nothing new today. I guess we'll have to wait until the 10-Q is released to verify A/S is still 1.5 billion.
Transfer agent is stating Authorized share count for UVSE is 6.5 billion now and O/S is 1.562 billion as of today?
Something is not right
Transfer Agent Numbers:
Date--O/S-----------Increase
============================
09/04 249,999,866
09/05 249,999,866
09/08 249,999,866
09/09 275,138,427 25,138,561
09/10 282,400,534 07,262,107
09/11 282,400,534
09/12 319,426,568 37,026,034
09/15 385,127,030 65,700,030
09/16 472,864,952 87,737,922
09/17 472,864,952
09/18 472,864,952
09/19 472,864,952
09/22 512,707,390 39,842,438
09/23 512,707,390
09/24 576,179,288 63,471,898
09/24 673,071,551 96,892,263
09/25 673,071,551 10:00 am
09/25 748,417,665 75,346,114 3:40 pm
09/26 748,417,665 2:00 pm
09/29 748,417,665 1:50 pm
09/30 748,417,665 1:20 pm
10/01 799,117,815 50,700,150 12:00 pm
10/02 799,117,815 12:49 pm
10/06 935,524,253 136,406,438 10:40
10/07 935,524,253 10:20
10/08 935,524,253 12:37
10/09 935,524,253 1:30
10/10 977,482,295 41,958,042 11:50
10/13 977,482,295 12:00
10/14 977,482,295 12:15
10/15 1,041,991,304 64,509,009 12:50
10/17 1,041,991,304 12:00
10/21 1,041,991,304 1:20
10/22 1,130,843,710 88,852,406 11:30
10/27 1,130,843,710 1:30
10/29 1,219,756,756 88,913,046 11:10 am
10/30 1,219,756,756 12:09 pm
10/31 1,219,756,756 10:00 am
11/03 1,219,756,756 11:10 am
11/04 1,482,170,718 262,413,962 12:47 pm
11/05 1,482,170,718 11:31 am
11/06 1,482,170,718 2:38 pm
11/11 1,482,170,718 10:08 am
============================
Total Increase = 1,232,170,859
A/S = 1,500,000,000 on 09/09
Transfer Agent (718) 627-4453
They use such "harsh" language because it's the truth. These small companies don't have substantial income to keep them afloat if they have a bad quarter or year. It's not words chosen to hurt the company, but more or less to cover everyone's a$$ if they go under.
This is just a 8-K to inform of a change in Audit/Accountant companies. The 10-Q will released by end of this week unless a notice of late filling is submitted.
Yes, I agree. The next 2 months should be very interesting.
Tomorrow is...that's what he was saying.
Current Market Cap @ PPS of $0.001:
$1,482,170.72
Transfer Agent Numbers:
Date--O/S-----------Increase
============================
09/04 249,999,866
09/05 249,999,866
09/08 249,999,866
09/09 275,138,427 25,138,561
09/10 282,400,534 07,262,107
09/11 282,400,534
09/12 319,426,568 37,026,034
09/15 385,127,030 65,700,030
09/16 472,864,952 87,737,922
09/17 472,864,952
09/18 472,864,952
09/19 472,864,952
09/22 512,707,390 39,842,438
09/23 512,707,390
09/24 576,179,288 63,471,898
09/24 673,071,551 96,892,263
09/25 673,071,551 10:00 am
09/25 748,417,665 75,346,114 3:40 pm
09/26 748,417,665 2:00 pm
09/29 748,417,665 1:50 pm
09/30 748,417,665 1:20 pm
10/01 799,117,815 50,700,150 12:00 pm
10/02 799,117,815 12:49 pm
10/06 935,524,253 136,406,438 10:40
10/07 935,524,253 10:20
10/08 935,524,253 12:37
10/09 935,524,253 1:30
10/10 977,482,295 41,958,042 11:50
10/13 977,482,295 12:00
10/14 977,482,295 12:15
10/15 1,041,991,304 64,509,009 12:50
10/17 1,041,991,304 12:00
10/21 1,041,991,304 1:20
10/22 1,130,843,710 88,852,406 11:30
10/27 1,130,843,710 1:30
10/29 1,219,756,756 88,913,046 11:10 am
10/30 1,219,756,756 12:09 pm
10/31 1,219,756,756 10:00 am
11/03 1,219,756,756 11:10 am
11/04 1,482,170,718 262,413,962 12:47 pm
11/05 1,482,170,718 11:31 am
11/06 1,482,170,718 2:38 pm
============================
Total Increase = 1,232,170,859
A/S = 1,500,000,000 on 09/09
Transfer Agent (718) 627-4453
Hello HOD - 0.0011
We may be stuck in this area until towards the end of next week when the 10-Q should be coming out.
1.482 billion
Nice jump back to 001 this morning. Let's keep moving north!
True, but that guy is MIA =)
Scottrade showing BidxAsk size as 100x999. Never seen 999 before.
Welcome. Only takes a few seconds to do make the call.
Transfer Agent Numbers:
Date--O/S-----------Increase
============================
09/04 249,999,866
09/05 249,999,866
09/08 249,999,866
09/09 275,138,427 25,138,561
09/10 282,400,534 07,262,107
09/11 282,400,534
09/12 319,426,568 37,026,034
09/15 385,127,030 65,700,030
09/16 472,864,952 87,737,922
09/17 472,864,952
09/18 472,864,952
09/19 472,864,952
09/22 512,707,390 39,842,438
09/23 512,707,390
09/24 576,179,288 63,471,898
09/24 673,071,551 96,892,263
09/25 673,071,551 10:00 am
09/25 748,417,665 75,346,114 3:40 pm
09/26 748,417,665 2:00 pm
09/29 748,417,665 1:50 pm
09/30 748,417,665 1:20 pm
10/01 799,117,815 50,700,150 12:00 pm
10/02 799,117,815 12:49 pm
10/06 935,524,253 136,406,438 10:40
10/07 935,524,253 10:20
10/08 935,524,253 12:37
10/09 935,524,253 1:30
10/10 977,482,295 41,958,042 11:50
10/13 977,482,295 12:00
10/14 977,482,295 12:15
10/15 1,041,991,304 64,509,009 12:50
10/17 1,041,991,304 12:00
10/21 1,041,991,304 1:20
10/22 1,130,843,710 88,852,406 11:30
10/27 1,130,843,710 1:30
10/29 1,219,756,756 88,913,046 11:10 am
10/30 1,219,756,756 12:09 pm
10/31 1,219,756,756 10:00 am
11/03 1,219,756,756 11:10 am
11/04 1,482,170,718 262,413,962 12:47 pm
11/05 1,482,170,718 11:31 am
============================
Total Increase = 1,232,170,859
A/S = 1,500,000,000 on 09/09
Transfer Agent (718) 627-4453
100 Million volume