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I think that is correct. But I think since it took the transfer agent a little time on the GCC deal the way it's worded in the paper work for E2, it gives the TA more time. I would guess we would have them by end of Oct to the middle of Nov. I would be shocked if we get them on the 2nd.
We may have to wait for some meat on the plate before UNGS sees a rise in pps. But if Wayne gets 1 of his industries to start chopping down that $10 million dollar loss tree that's been growing in our back yard, then this could blast off to da moon. What's great about it is the # of avenues this has the option to take to do just that and get this thing going. The only way I foresee It failing is if it truly is only a share selling scheme & nothing ever happens. If that's the case it will eventually be clear to all. But With everything that's happened in the last year, IMO something good is bound to happen. Looking through the history I'd say so far 2017 has been the most productive year UNGS has ever had. Only time will tell if that productivity will lead to revenues and success. Rome was't built in a day. And it's taken a while for UNGS to get its foundation established. But the walls are being properly constructed and I believe eventually the empire will be completed and everyone will have a skylight looking at a sunny bright perfectly blue sky.
How can proof be denied? If it were denied it obviously wouldn't be proof
Obviously Wayne is doing things legit and this is not a complete scam, or the SEC, Finra, or Law enforcement would eventually bring it all down...
I think a lot of those rumors come from the burning feeling of the RS years ago. I don't think any amount of legitimacy is going to get rid of some of that.
W.o.W. Another spin-off coming? Sweet.
Very Weak volume on Divvy eve.
The positive is that it appears Wayne is doing the necessary steps to make the divvy's right. These spin-off's have a tendency to take some time, so I'm not overly concerned that the process for them hasn't happened over night. I'm fairly young and unless this takes a major run I'll always be a holder. I honestly don't care if it takes years to get a return on this. Also if GCC or E2 eventually becomes something major but UNGS just always stays the same, I certainly won't feel bitter about being a holder. I have faith that Wayne is going to turn 1 of these companies into something much bigger than any of us can currently imagine.
I do not think Wayne is complicit. I think it's more the fact the AS is pretty much maxed out and there's no shares for them to sell. With that being the case he's not going to give us a bunch of fluff pr's trying to drive pps up as ultimately if pps goes up due to divvy or not really does not matter to him. With that being said I think it's obvious MM's are here and playing games. If they were not then the volume should have steadily increased the closer to the DOR we get, and seems volume is down from last week. It's going to take a lot of whales holding 100 mil+ to push the MM's away and make this run. I think we may get lucky and get to 2's by Fri, but I wouldn't guarantee it or expect any more than that.
E2 hasn't even happened yet. GCC will eventually be able to be sold. Not uncommon for there to be restrictions on these types of deals. And UNGS I'd bet anything if you wanted to sell, you could put it out there @ the .0001 & your shares would easily be gone by the end of next week.
Convertible debt may be being dumped. But I doubt that is what has been going on. I personally believe a lot of the flipping and spike in volume is more than likely MM's, rather than toxic debt being dumped. You said it yourself, They could RS or raise AS. But until that happens, there's no real dumping going on. The convertible notes are not really a factor as they are not uncommon, already there, and unless more is issued there's no dilution happening. If the conversions are whats being dumped, then eventually it should help any future runs as shares will be in stronger hands. For every share transaction there is a buyer and a seller. If debt is whats being dumped it should make the financials look a lot nicer as whats been converted can come off the books. If much more convertible notes gets issued, then again they would have to raise AS to cover those shares.
How can the company dump shares all day long to the tune of over 170 mil with the share structure the way it is?
I believe SCNP has not gone private and is still working on lifting the suspension. Wayne says they are working with "a non-affiliated consultant to try and remedy this." He said in order to remove the suspension it may require a registration statement.
I asked him about AMHD merger. He informed me that UNGS has not announced a merger just a stock purchase agreement. He said this process is still ongoing due to all the information to go through since Amelot has not filed with OTC or SEC since 2001. I asked him about SCNP. He told me UNGS was not a part of any litigation that involves them and that Sylios had been retained by them "on a consulting basis to assist them in lifting the trading suspension." Said efforts with this are still ongoing. Which he sounds optimistic about. (which is good news for their holders.) I told him that I did not feel the sylios website was being updated appropriately. He told me a new website is currently under construction.
Sent Wayne an email, and in less than an hour he responded. A+ communication. I was excited to hear back from him in regards to the questions I had. I recommend if anyone has legitimate questions to drop him an email as he was very friendly, and informative.
Where are you getting this information??? In 10 days UNGS will still be being trading, and holders will be on their way to receiving their next divvy!
You do a great job. Wish Wayne's efforts to keep the official UNGS website updated was half as good as your efforts on the Ibox
Good DD sir. Wayne should hire you to run the UNGS website. Whoever he has currently doing it sucks!
Wayne needs to stop dropping the ball. If he don't want to give any official Pr's, At minimal update the website. Last news on the website was from 2/24. Nothing in regards to the S1 being filed for GCAN, nothing pertaining to AMHD merger (was this even completed?), Nothing in regards to the E2 Divvy, No news on the continued efforts for future GCAN acquisitions, I mean if Wayne has all this stuff going on, then why not keep the shareholders updated. I would think Wayne has to give something before the 15th or the E2 divvy may go down without any increase in pps.
Have to kill some trees to get some 2x4's lmao
Etrade has shown the ask jumping around a lot today. MM will continue to flip 1's back and forth keeping this tied at 1 until Wayne decides to come out of his hole and give real investors news. Once that happens the people will begin to grab up on those manipulated shares from the MM and this should run...
If Wayne drops a mega PR giving news about AMHD merger + E2 divvy + GCC future acquisition all in 1, this will have enough fuel to go past the moon.
3rd best volume in pinky-land. We get the anticipated news it will be very interesting to see how high this runs.
http://www.thehotpennystocks.com/markets/pinksheets/
If we can get Wayne to drop a PR a lot of those 2's will disappear as investors will pull them to wait & see what the run looks like. Me personally I want my E2 divvy so unless this goes to .0005+ I'm sticking with my shares. Even if it does runs to that I may consider being a bag-holder as I think there's a lot more good going on here than what a lot of people realize.
I believe today UNG$ gets it's bid back. Funny just yesterday the nay sayers was telling me we'd never see anything above .0001
Makes perfect sense. Look at how long it sat with no bid. It's going to take prob another bil or 1.5 bil shares to shake out the loose hands and get past 2's. But who cares. This has shown that it can have billion share trade days in the past. We haven't even been given much for news and it's over 250 mil today. This is headed up soon. Less than 50 mil 1's left get em while they hot.
Agreed. The shareholders will control the market and how high it will climb. The less people that try to get out at even with .0001 or at 100% @ .0002 the faster it will climb. Im sure there will be a load of 2's though with how long its sat @ no bid. We get the news and a billion trade day we could see .0003 - .0005 IMO
less than 7k and we get a bid =) look at that volume. Etrade shows 248 mil traded today. It's getting hot in here.
My bad didn't realize the day escaped me like it has.
How did ask go from 192 mil to less than a mil? Etrade shows ask at a little over 400k.
I'm sure a lot of people will do that to just get out. But if we get the right news and the volume picks up like it has previously, then those loose hands will be gone quick, and this could skyrocket. I hear lots of chatter and concern about a RS. But any RS will effect the CEO too who I'm sure owns more shares than most common investors of UNGS. I love the fact that Wayne owns so much of this. There's several similar companies that are just mere shells that pay their CEO and employees with shares and they cash out immediately. Having the CEO as deeply invested as Wayne is in this is great. If the thought of RS does cross his mind, He will be 1 of the biggest losers of that form of action. I'd agree it may not be as big a deal to him with his income setup the way it is. But I guarantee he isn't going to RS without at least thinking about all the shares he is going to personally lose. He would be much better off to find a way to make it work than RS.
It has had numerous runs above .0001 since the last RS. News will get this moving. You could be right. But I doubt it. Soon as Wayne gives a date for E2 Divvy and that date gets closer it will push up easy. My guess is Wayne has been silent because he wants to release enough news to give this a push and keep it sustainable above .0001 My guess is at this time next year it will have support around .0003 - .0004
What do fellow investors feel a good exit price for this is? I need to at least double up for myself to get out. I would surpass doubling up @ .0003 since I avg down. 1 uptick to .0002 would give me a profit for how many .0001's I bought. I think for me the exit pps will be around the .0005+ If I can't get that outta my shares I'll hold. With the GCAN divvy and future E2 divvy and who knows what will happen next, it might not be a bad idea to hold and see how this shapes out. With UNGS buying up AMHD along with all the other subsidiaries it already has, certainly Wayne can find a way to turn 1 of these companies profitable for shareholders. UNGS is like the Eclipse. Extended wait periods, might burn your eyes if you look at it too much, But way awesome to see once it comes around.
People who invest in the OTC world should view this type of investment as a gamble. I've seen companies release the right kind of news that can make the pps climb fast. Buying on speculation in these instances is not always bad. If the right news hits and this does climb to .0005 -.001 Id rather have bought in at .0001 on speculation than miss the train and buy at a high.
Glad I missed those early years and the RS's that came with it. Would have had to avg down a ton to make up for that.
Why would you want to sell when things are about to get good?
Yea people are buying just off the speculation of good news. Imagine the volume once the news hits. Could we see another billion + shares traded in a day again soon?
Doing a lot better than when there was a yield sign. Current with OTC, Selling items like hot cakes out the GCC store. Massive news pending in regards to AMHD, GCC's future acquisition, E2 divvy, and who knows what else the great doc Anderson will give us. Exciting times to be invested in UNGS. Even the people claiming this is a scam (many of which already own shares) are buying more, & getting in deeper.
Bout to get real up in here. Etrade shows 47 mil for volume so far. Could we get a bid today? I think it's possible if we get that news we've been due.
Volume picking up. UNGS making things happen. Get our bid back and the pps moving in the right direction soon.