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Yeah, right. If they had seen any of those 20 plus deals go through, he could be at Mayo Clinic recuperating while the rest of us enjoy a well deserved retirement with all the trimmings. Maybe this will be a wake up call for him not to put off till tomorrow what needs to be done today! Management needs to get with it and take our PPS into the double dollar digits and decrease our O/S shares by 2/3s. Not only would shareholders benefit, mangement would as well.
Ticked? . . . Are you kidding??
Given their historical record, things could not have worked out better! Nothing, zip, nada, zilch, bupkus ever works out for them and ergo, us stockholders. If they were to actually make even one of these pipe dreams come to fruition, time as we know it would stand still, the lion would lie down with the lamb, childbirth would become a pleasure, and Obamacare would be welcomed by all!
A short list, limited by my memory, of their promises to date:
1. Roblex Aviation deal
2. Owning Oil and Gas wells in Jim Wells county, Texas
3. Texas Gulf Oil and Gas Company
4. Houston office-do we still have that?what good has it done us?
5. Indian Reservations Oil and Gas Lease deal
6. Space City Energy deal
7. Biodiesel plant in Mississippi or Missouri or wherever
8. License to resale electricity
9. Rainco Fiasco
10. Nicole Singletary
11. Metwood Mess
12. GEG (GAG)
13. Accountant went fishing (that was probably the best whopper)
14. Bakken Shale Deal
15. the Coal mine - how could I forget the coal mine?
16. Japanese coal deal(s)
17. Conference call - oh, yeah, wait, that actually happened after PRing about it for nearly a year
18. Stock uplist to Nasdaq
19. Stock uplist to Frankfurt exchange
20. DTCC Chill - ok, maybe that wasn't entirely their fault and they did get it lifted, but if they weren't such a puny little stock, they wouldn't have been in danger of a chill to begin with.
21. What else did I leave off this stroll down memory lane that began when our stock was at $5/share and now sits in the triple zeroes?
So, overall, I can't see how Ali would be "ticked".
This is just how UBRG rolls. I feel he's pretty happy about things
Now, if they were to:
1. Actually make deals that produce significant profit
2. Decrease the $23 million plus debt we have
3. Decrease (i.e., buyback) outstanding shares
4. Actually make things happen rather than make fluff PRs that don't speak to any real activity.
5. Find a buyer for this POS that actually has a high PPS
(my personal favorite)
6. Avoid a reverse split like the plague! Pure Poison!
The opportunity here is tremendous, management could make themselves wealthy in the legacy category as well as their significant shareholders. Lord knows they've had time to do it. They just need to do it!
Will be here till they aren't.
Can always use the tax deduction when they sink below the waves.
Who knows, they might actually do something one day.
Not JMO. . . FACT(s)!
Bakken Shale deal will come through any minute now. . .
Just like all the other deals they used to pitch that never came through. Oh, well.
I'm sure they are still working on all those deals.
Something's gotta give here, I tell ya. . .
Ahh. . . Another few months and the UBRG 5 year graph will no longer show any meaningful history of being over a penny!
I've been watching it when it was $5 a share. Many years ago. . .
I guess this is what management was aiming for?
Come on management!
Not jmo - fact
Your're kidding yourself. . . or trying to kid others
jmo
You'll cause some serious injuries talking like that -
The suggestion that UBRG will file timely will cause large amounts of uncontrollable laughter! Somebody could hurt themselves!
LOL
Hey Management! A Little Help Here! Please!
depends on your definition of "operateing"
They are in debt, have a pitiful PPS, have more dreams and schemes than a psychopath, have billions of shares outstanding, have not realized any of their "plans, MOUs, or agreements", never file on time, and have no appreciable profits.
That's not my definition of "operateing", but hey, I'd just like them to do 10% of what they say they will do. . . if they did, the PPS would take off to the moon.
But UBRG don't roll like that.
JMO
Hey Management! How bout a little help here?
Wonder how those gas wells in Jim Wells county are doing for us?
Just curious. . .
and yet it trades at 17/10,000ths - underwhelming
underwhelming performance by management, that is.
not jmo - fact
Yes, Wilma, still am. Was in at 0.09, leveraged down to 0.03 and won't buy any more. Oh, well when it does go around the bowl for the last time, i'll deduct the loss. Who knows, they might just figure out how to make the pps go up without taking away all our shares. It'd make us all rich, including them. Wish they'd get with it.
JMO
Well, Wilma - it has been a fun ride. You deserve an award for the longest time to go from newbie optimist to seasoned, sour UBRG veteran. You may now take your place among the likes of myself, joro44 and earnestdd and the others who have sung UBRG praises to now singing UBRG blues.
I admit, UBRG has potential to make everyone invested in it, including management, richer than their wildest dreams, but over time, we all realize at some point that they just ain't gonna do it.
JMO LOL
Wow, didn't know debt could be impressive, LOL!
JMO
What a great company! They have extraordinary consistency!
I'm impressed that they always file NTs!!
*heavy sarcasm*
The same way management expects shares to rise with no significant profits. Hasn't worked for us, why should it work for them??
LOL Not JMO - Fact
Best thing that could happen!
They need to sell this shell to someone that can make money with it. Preferably to a company with big PPS, no debt, and few OS.
Only hope for this puppy.
Obviously, management can't make anything great happen, sell it to someone who can.
Not only would that be good for investors, but management as well.
JMO
Here's an idea to kick around the summit:
Spend time, energy and effort to actually making/selling something profitable.
Stop wasting time, energy and effort cooking up all these cockamamie schemes that never produce.
For example:
1. Roblex Aviation
2. Indian Lands Exploration
3. Gas wells in Jim Wells county, Texas
4. Gulf States Oil and Gas
5. Houston office
6. Electric Power Sales Permit
7. Space City Energy Deal
8. Whitesburg Friday Branch Coal Mine
9. Biodiesel plant in Missouri
10. China Coal Deal
11. Bakken Shale Deal
12. Rainco Fiasco
13. Overseas oil/coal/gas/dustbunnies sales
and on and on and on and on. . . to the point of vomiting!
DO SOMETHING THAT WILL MAKE MONEY
CUT COSTS
DO SOMETHING THAT IS IN THE INTERESTS OF THE SHAREHOLDERS
IF YOU WOULD, WE COULD ALL BE RICH. . .MANAGEMENT INCLUDED!!
Not JMO - FACT!!!
Only other change is the PPS, was $5/share long ago.
Keep telling 'em, Joro! : - )
Not JMO - Fact.
Hey Adam: Did you see that guy's question about how much those sales cost?
He might be on to something.
Very interested in what you find out.
I don't care if it makes management rich. That's the paradox here, they have billions of shares. I they would work this, we'd all be rich. For some reason, they aren't interested. If just one of their schemes came to fruition, the PPS would be in the stratosphere.
Oh well. . .
Probably in ICU, from laughing so hard!
I don't see how Vince escaped serious injury from all the laughing they've done at our expense.
LOL, JMO
Hey Wilma! Any of this look familiar?
LOL
Actually, isn't profit what's really needed here?
We've had promises, plans, MOUs, dreams, and hopes out the wazoo.
Let's try money in the bank. That'd be a good start.
Just Sayin
C'mon, Wilma - "not sure what's going on here?"
Its a paid pump, like all the others.
I just wish they'd pump it up to a nickel and I'm outta here.
Oh well, a fella can dream can't he
Hey Scotchy! Any luck anywhere?
Sounds good, I talked to Fidelity, who at first said, oh yeah, we can place it, but when it came down to it, said it had to be ordered by their "fixed income unit". So I says, OK, but then they get some guy on the phone with a Bloomberg, and he says you can only order it in increments of $10K, so I says OK, then he comes back with "you can't do it", so I says someone is, looking at the volume. . . that's as far as I have gotten with it. Let's see what we can do
doubt they file NT, they hired aCFO, remember?
LOL
there hasn't ever been a legitimate PR!
JMO
Somebody's trading them. . . why not us?
Or - Don't Believe it, you won't see it
Not JMO, Fact.
Anybody checked for a pulse lately?
I'm kinda worried about Solomon and Vince. . .
Reckon they're OK??
Its on IHUB, click on 5 year chart.
went from $5/share to 0.0006 in 5 years
Not JMO - fact
Sentrex: Check out the 5 year chart!
How's that shaping up?? HaHa
Not JMO - Fact
Anyone know how to trade this stock?
What tune played as the Titanic went down?
I think I hear it. . .
Sure don't hear any action from management.
Not JMO - fact
Ah, enjoying all the shareholder value from 2013!
Hope 2014 will actually bring some. Thanks Management!
Not jmo
How 'bout we all take up a collection
We can get a sack of coal for about $40
and put some in Vince, Solomon, and Nicole's stockings for Christmas
Heck, that'd only be about 100,000 shares!
I'd say they deserve it what with how they've treated us!
LOL
Wonder how that Bakken Shale Deal is going??
or any other "deal" for that matter. . .
LOL
PPS down, just like the website! Ugh!
not JMO - fact