everything i post is my opinion
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Rigworx sold to unrg ,for, 45 million shares plus 5 million preferred shares, ceo of Rigworx becomes new ceo of unrg. Increases authorized shares to 500,000,000..... unrg has no sales, who knows what kind of scam Rigworx is? Disanti is in the middle of this mess. Sam Smith and Disanti have a party after pullin off this scam.....glta ALL FACTS
Rigworx sold to unrg , 45 million shares plus warrants, ceo of Rigworx becomes new ceo of unrg. Increases authorized shares to 500,000,000..... unrg has no sales, who knows what kind of scam Rigworx is? Disanti is in the middle of this mess. Sam Smith and Disanti have a party after pullin off this scam.....glta
Fact ceo of Rigworx has become ceo of unrg , and 45 million shares. https://twitter.com/magicmiketrader/status/1191844958736715776/photo/1
So the ceo of Rigworx who got the 45 million shares is now the ceo of unrg, hmmmmmmm
I wonder why they increased authorized shares to 500,000,000.....hmmmmmmmm, They are destroying shareholder value, huge dilution will come......
No reason to buy this garbage, 45million shares plus assorted warrants to buy another worthless company. That’s a double of outstanding shares. Company will need money hmmmm where is that coming from??? More dilution .....Avoid
45 million more shares available, and more coming AVOID
when 1 worthless company buys another = SCAM
Almost double amount of shares plus more coming isn’t epic dilution for nothing
Almost double amount of shares plus more coming isn’t epic dilution for nothing
Dilution of epic proportions either way
45 million bad news shares either way
I believe they are not restricted, somebody else claimed they are restricted, either way 45 million shares are here or on their way special delivery........
Sadly that’s even worse, wait until the 45 million shares hit, if its going down without dilution then the stock will be worthless even faster.....glta
Read better, do more research...... t? I've read ALL info available
Why didn’t u know about that 8k release.
On October 31, 2019, United Energy, Corp. (the “Company”) filed an Amended Certificate of Incorporation (the “Amendment”) with the Secretary of State of the State of Nevada, to (i) Increase the authorized shares to 500,000,000. The company has three classes of stock. Preferred A Stock has an authorized share amount of 5,000,000 (Five Million) with 500 to 1 voting rights compared to common stock. Preferred A stock can't be converted into common stock and doesn't receive a dividend. Preferred B stock has an authorized amount of 70,000,000 (Seventy Million). Every Preferred B share can be converted into 1.5 shares of common stock. There are 425,000,000 shares of common stock authorized. Each share of common stock receives one vote.
Lol, goodluck
We got shares in a worthless company
October 31, 2019, the Company closed a Share Exchange Agreement (the “Share Exchange Agreement”) dated October 31, 2019 with Rigworx, Inc. Pursuant to the terms of this agreement in exchange for 100% of the Rigworx Shares (5,000,000 Preferred A shares and 45,000,000 common shares) the Company will issue in the name of the Rigworx Stockholder a stock certificate for 5,000,000 Preferred A shares and 45,000,000 shares of its common stock. The agreement will be a 1 for 1 share swap between the two companies. The merger will be accounted for as a “reverse acquisition” and recapitalization.
45 million new shares just printed, come and get it.....
How many tens of millions of shares did they use to buy this worthless company, total scam
One worthless company buys another, HUGE dilution, avoid
1 worthless company buys another
What a pump and dump this is going to be.....
I.m.o., old shareholders are still dumping the millions of shares they owned, their was 5 very large shareholders who owned millions of shares each, that on top of the expected dilution has ruined shareholder value before it even begins. Watch out for filings to confirm dilution , then this huge drop and destruction of shareholder value will make sense.....No Position.....
Avoid at all costs, don’t be suckered into buying this less than worthless trash
The 52 week trading range hasn’t changed, its a defunct , bankrupt shell
Oh boy, it ended along time ago, defunct, dead, bankrupt, all that is trading is a worthless debt ridden shell
MARGULIES is scheduled to be sentenced before Judge Rakoff on December 16, 2019, at 11:00 a.m.
Lisa Bershan and Barry Schwartz each previously pled guilty and are scheduled to be sentenced before Judge Rakoff on October 17, 2019 and October 10, 2019, respectively.
Mr. Berman praised the work of the FBI, and thanked the SEC for its assistance.
This case is being handled by the Office’s Securities and Commodities Fraud Task Force. Assistant U.S. Attorneys Negar Tekeei and Christine Magdo are in charge of the prosecution.
The All American Pet Company Fraud Scheme
From October 2013 through May 2017, MARGULIES, Lisa Bershan, and a co-conspirator raised more than $575,000 in purported loans for the All American Pet Company (“AAPT”), a penny-stock company that produced, marketed and sold food bars and other products for dogs, based on the following misrepresentations, among others: (a) that the Internal Revenue Service (“IRS”) had accepted an “offer in compromise” from AAPT that significantly reduced the back taxes AAPT owed to the IRS; (b) that Bershan had paid to the IRS the amount of this offer in compromise and had thus absolved AAPT of its outstanding tax liability; (c) that Bershan was the beneficial owner of a bank account containing over $6.9 million; (d) that Bershan would personally guarantee some of the loans; and (e) that Nestlé USA had proposed various business deals with AAPT. Margulies held himself out as AAPT’s Vice President for Marketing and Advertising, but in reality he played a number of roles at the company, including communicating with investors and creating fake documents, such as forged bank account statements and letters, to support AAPT’s misrepresentations to investors.
Although MARGULIES and his co-conspirators had promised investors that they would use the loans to help improve AAPT’s manufacturing and distribution capacities, the conspirators instead used those funds largely for their personal expenses, including the rental of a luxury villa in the Bel Air neighborhood of Los Angeles where all three of them lived.
In connection with the AAPT fraud scheme, MARGULIES used the stolen identities of three individuals – an IRS employee, a Nestlé Purina employee, and a Manhattan attorney – to create false and fraudulent letters that were sent to AAPT investors to induce them to make loans to AAPT.
Aapt doesn’t exist anymore, is a busted shell , I’m not sure what u r waiting for.....
Total pump and dump scam, avoid
New management nothing but pump and dumpers
Worthless pile of trash
Anybody with big losses would have an excellent case against these criminals
He had nothing to do with the fraud as far as I can see
The superseding information accused Bershan of making false statements to investors in AAPT and misappropriating investor funds. It also claimed that she withdrew cash from both companies’ bank accounts in amounts designed to avoid federal reporting requirements, used investor funds to buy cocaine, and received an unlicensed handgun.
Dead company, worthless