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I just want to reiterate that from the last 10Q (last line before the table of contents) it reads:
"Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 837,116,938 shares of common stock as of April 25, 2012."
Now, we were as high as 3 cents in April 2012 SO, if the next report on or about 8/14 shows outstanding shares higher than this figure but lower than 1.2 billion (which many believe we are at) we should see a pop based on this and positive sales results IMO. I have got to believe that the sales numbers will be impressive and growing. I do believe we have accumulation going on here and doubt much will happen until early August just prior to news.
You will start to see this run in early August leading up to the big PR on or before 8/14/12 which will have the numbers that everyone will be looking for.
Depending upon how impressive they are, it could be a jumping in point for most OR a sell on news mentality. I give it a 50/50 but do expect very good news none-the-less
** Probably means nothing but the new auditor finds nothing wrong with the former auditors numbers/accounting. Believe what you will, I guess (no other alternative)
So many greedy hedge funds and shady investors...if only they would use their brain and act in unison, they could make a ton of money on the way up and then back on the way down but NO - stupid-heads JUST try to waste time and energy scratchin out .0001 of a cent.
Ya make more when you drive it up and then do your naked short selling. It can't go below zero ya dopes ! When your already muscular, why lift 275 pounds when you can lift 50 and still have women want to jump your bones? Less effort - same or better result !!
Even if you were to take 30 mil in assets DIVIDED by 900 million O/S = 3 cents
With little to no debt and growing sales numbers...we are undervalued at these levels.
Company's Fertilizer Products:
- “XiDuoFeng” biological fertilizer series, long-lasting nitrogenous fertilizer series, traditional compound fertilizer series Covering three major series of fertilizer products, with very strong presence in the market, including biological fertilizer, traditional compound fertilizer and long-lasting nitrogenous fertilizer, under the brands of “XiDuoFeng”, “Urea-Extra”, “Sirius” fertilizer series.
“Xiduofeng”, a biological fertilizer series that expands the utilization rate of conventional fertilizers, enhances quality of crops, and increases production with a bio-microbial agent produced by a proprietary bio-technology; “Urea-Extra”, a long-lasting nitrogenous fertilizer series that increased the utilization rate of traditional nitrogenous fertilizer by more than 50%; and “Sirius” compound fertilizer series.
- “Luxi”, “Ezhong”, “Jinyuanfeng” compound fertilizer series by PS model PS (Produce and Sell Model) as Sales agency with “Luxi”, “Ezhong”, “Jinyuanfeng” compound fertilizer series.
- There are more than 200 agricultural resources dealers and more than 20,000 points of sale in China that sell Prosperous
Agriculture’s products, forming one of the largest distribution network platform covering China’s rural markets.
The only naked squeeze I did lately was with my spouse ! It would be nice for once for the manipulators to manipulate a stock price upwards...hmm, what a novel idea ?
Are you subtracting the 98 mil shares that were just canceled at Iron's request ? I think we are around 885 million (below 1 billion for sure)
We shall soon see updated numbers on or before 8/14/12 ! With good news on sales lately we obviously can assume continued strength which will show in the next PR. They have added 2 more direct sales chains and are putting these targeted campaigns together to drive sales. Paper Group is also strong. We should see a run prior to the mid August PR IMO
Does anyone know if an individual investor, who buys 2+ million shares of a sub-penny (on OTCBB during a single day), is required to file SEC Form 13H (Large Trader Form)? TIA
Is the OTCBB part of National Market System or NMS ??
Thx - so NMS would include OTC Tier 1 (Nasdaq) but not OTCBB then?
Like I said before - many many ways that UCHC Mgt. can envoke to combat manipulation. They have REAL business lines folks that are growing ! Not every single "listed" Chinese company is a fraud.
Wouldn't it be something if Iron actually accumulated enough shares over this time but just under reporting requirements...maybe it runs PAST 1.5 cents and they get to KEEP the excess profit :) So many scenarios but getting the word out on this stock will only help LOCK the float. Reversal absolutely imminent
My hunch is that Iron most likely has been accumulating shares at these LOW levels and once BIG NEWS hits, then BAM - they make back their 1.4 mil+ in a heartbeat. I am still wondering if the entire debt was forgiven OR just the shares in exchange for payment ?? Anybody know for sure
A Big News splash with 97.5 million LESS outstanding shares (dilution) = A RUN
Does anyone know if an individual investor, who buys 2+ million shares of a sub-penny stock (on OTCBB during a single day), is required to file SEC Form 13H (Large Trader Form)? TIA
Is the OTCBB part of National Market System or NMS ??
Does anyone know if an individual investor, who buys 2+ million shares of a sub-penny stock (on OTCBB during a single day), is required to file SEC Form 13H (Large Trader Form)? TIA
Is the OTCBB part of National Market System or NMS ??
I commend you and other longs for having the cajones to fight the heard mentality that every Chinese company listed in America is a fraud. Short sellers had their fun and ran the PPS down on almost every one BUT when this "fad"/trend is over and the pendulum swings back in the other direction - longs (and the legit Chinese companies) will get PAYBACK, literally ! Take the free gifts as I strongly believe UCHC is showing signs of true growth from various business units.
With that said, there are ways that management can help themselves and defend their PPS. I would urge them to do so soon
What's interesting here is that our GEM was one of the first to list on the OTCBB over 10 yrs ago...I don't think as many "games" were played back then. This fradulent stuff really hit big 4-6 years ago, although I do think our stock price suffers greatly as the perception certainly is there.
I can tell you that not ALL Chinese companies listed in America are fraudulent ones
What will help to generate this run are 2 things IMO:
- Solid growth numbers from BOTH business units in next PR
- UCHC rec. stock from spin-offs, once they get listed
Completely agreed. Would be nice if we got news of a share buy-back announcement from Mgt.
* The only way to make real money here IMO is to let her run and the direction has to be UP !!! Can't be making much money with .0001 moves in PPS. Next resistance is around .0025 so we shall see
Ladies and Gentlemen, I believe we have found our bottom. It's .0007 and UCHC should start moving up as the market will be expecting a PR (if not multiple PR's) very soon. The window is closing fast as we have seen a tremendous amount of accumulation over the past few weeks. Hopefully you got your tickets to ride the train ?
I hope when the good news hits, the sell on news crowd is overtaken by the buy a growing company crowd and the PPS continues to rise ! Whether you may question the accounting or not, fact is the (5) direct sales chains are WORKING and the bees are still making honey for their packaging products. My Best GUESS of a PR is next week Tuesday - GLTUA !!
She runs this coming week...I give it a 90% chance. This battling over .0001 is absurd. Let her run and sell on news. Rinse and repeat and please pass me the shovel, bucket, and sunscreen so we can enjoy it. Bulls make money, Bears make money, and Pigs get slaughtered !
Taken from last 10Q...by the way next one will be out on or around 8/14/2012:
Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 837,116,938 shares of common stock as of April 25, 2012.
** So approx 37% are held by insiders...also No legal proceedings pending and they expect to receive over 53% of stock once certain holdings are formally spun off and approved by the SEC. (not the fertilizer or paper segments:)
Uni Core Investor Information
About 37.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 0.16. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run.. Uni Core Holdings Corporation recorded loss per share of 0.01. This company had not issued any dividends in recent years. Uni Core Holdings Corporationration engages in providing ecommerce solutions and consulting services.
You must be a nervous short, I take it ? It wasn't even 4 years ago:
FRANKFURT | Tue Oct 28, 2008 1:54pm EDT
FRANKFURT (Reuters) - Volkswagen (VOWG.DE) briefly became the world's biggest company by market value on Tuesday, as short sellers caught betting on a price drop with borrowed stock scrambled to find shares after a buying spree by Porsche (PSHG_p.DE).
** Examples of others include NFLX (2011), USNA (2012), and PCX (2012) KSS - I'll give that a perhaps but evidence points to that as well
The next PR will be very good IMO...if it contains anything such as a share buyback - WATCH OUT !! That would reverse what had just been done to the company (from short sellers) right quick.
My point - being greedy can work against you and there are many many tactics that UCHC Mgt. can do to get PPS to a more respectable/normal level. If I were them, release great sales #'s which we all know are coming ALONG WITH some other "unexpected" good news.
Another reason to play nice in the sandbox is because UCHC really has been one of the more heavily shorted stocks over the past couple of months as UCHC Mgt. pointed out. Here's an example of what can happen when FLOAT is substantially decreased...
Volkswagen shares became some of the most 'shorted' stocks in Europe. ..
On Sunday 26 October 2008, Porsche dropped a bombshell. It announced it had increased its stake in Volkswagen to 42.6% and held cash settled options on a further 31.5% - meaning it had positions on up to 74.1% of all Volkswagen shares. It seemed [Porsche] had effectively cornered the market and short sellers who needed to buy back shares to close their positions were forced to fight over the remaining available stock. ..
The value of Volkswagen stock rocketed to more than 1,000 euros, briefly making it the most valuable company in the world. ..
Hedge funds, who had gambled that the value of Volkswagen shares would fall are said to have lost between 10bn and 40bn euros.
At least let her run to .0024 -.0027 range and then sell on news...buy back in the .0008 - .0009 range and repeat ! Longs make money (or at least get some back) and shorts have some room. This battling over .0001 is tiresome and absolutely unnecessary. Get with it folks LONGS and SHORTS,as we're hurtin OURSELVES.
* Type of news and what's in it would have bearing ONLY if it was really HUGE
If I could make a suggestion here, for what its worth, if everyone sort of works together, WE can ALL make money. How, you ask...quite simple, let her run until the next PR and when news hits, that's when the sellers/shorts come in. Longs make money on the way up and shorts after a "healthy" drop after a news release hits. If we can just rinse and repeat this cycle, keeping in mind support/resistance levels - everyone can play nice in the sandbox without anyone getting sand in their eyes ! Shorts stand to eventually do better with an increase in price as your not going to get rich trying/hoping/praying for .0002 cents change in PPS on your 8 million shares. It can't go below zero so let her run a bit and then put the pressure on. Profits will be made quicker for BOTH sides.
Even buy and hold investors (which is rare in sub-pennies) would eventually stand to gain over time As long as the sell on news crowd does so ON the date of the PR. GLTUA
Clearly, Accumulation happening. Like I said before, the stock value can't go below zero...it will run a bit here with short covering and good PRs.
My thoughts are that there is this "impression" out there that the books are cooked and cannot be trusted. People forget that they have been listed since 1998 and if UCHC Mgt. wanted to play these kind of games, they would have done it years ago. They have 2 very good business lines that will only grow IMO. Many many folks are underestimating the positive impact that these direct sales chains will have (and are having).
Although the outstanding shares are close to 1 billion, I can live with that as long as there is little to no debt and their business lines continue to show significant improvement/revenue!
I am very eager to see the numbers which should be out soon
Again - many companies continue to accept UCHC shares in lieu of cash...why exactly ?? Pperhaps because they recognize that profits could easily triple in a short amt. of time
Looking great from a technical perspective ! Nice breakout to the upside. Next PR should show some strong sales #'s. This stock got cooked way too much and has a ways to run. Shorts will start to cover especially early next week. Man the company could really help themselves with a share buy back announcement BIGTIME !!
Could test .0024 soon...with news
Everything you needed to know about Honeycomb ! Don't get stung - BUY UCHC
http://www.honeycomb.com.mx/graficos/ENGLISH%20CATALOG.pdf
I am not an experienced OTCBB stock picker, but have recently looked at UCHC very closely. Applying common sense to my research, we can't really go down much further as shorts (worst case scenario) would HAVE to cover to lock in their profits at an ask of at least .0002 and I doubt we'd ever go that low. With their fiscal year ending June 30, 2012, I would expect a nice PR out relatively soon as sales look to be improving year over year ! In addition to good year-end news - something like a share buy back announcement from the company could be a real positive and could be easily be arranged (even if it is small) as a token gesture to try to improve shareprice. WAY oversold at these levels and time to accumulate as this is just my .0008 sense
One question that I have is why do they seem to pay their bills by giving creditors shares of stock? These creditors seem to always accept this as a form of payment but IF they plan to make money by shorting it, it can't go BELOW zero so a spike upward is due fairly soon so the "games" can continue. If they would let it run for awhile, it will then be time to rinse and repeat.
This recent "change" of accountants/auditors is baffling to me. Can somebody who has been following this stock for awhile please explain it? It looks like it is the SAME firm only with a NYC address /operating arm. A little fishy to say the least