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Interesting...Signifi's website is suddenly down.
Fear not...Penny is always negative...on every board...the fact that he's here just reassures me this is a good stock.
What kind of preliminary work led you to believe this is a bad play??? This is one of the best stocks I've ever seen! Please...enlighten me.
Like I said...hippo knows his shit. Glad to be here!
I would love to see you be right! If this thing goes over a nickel on merger news...I'll post a pic of myself popping a champagne bottle on the beach...in a speedo!
Read the post...I didn't say there was going to be a R/S...I said that is my fear with Wayne in command.
agreed...and my full intentions are that I'm banking on this thing to shoot well over a penny on merger news...I sell 40 million for 400+ thousand dollars and I hang on to 7 million because I think signifi could take this stock a lot higher in a year.
I am that same guy...my math was a little off on that last 25 bucks post. LOL! I made a lot of money off KGE* and followed Hippo all the way to make more money on WNT*...Hippo knows his shit. I have 70K of my own money in here...that's how much confidence I have after doing research on signifi and also the fact that names such as Hippo, Shuler, and penny are in here tell me I'm making a wise investment. That doesn't mean it's going to pan out...but it's a pretty good bet. GL
Honestly I've watched UNGS for years. My personal business is in the oil and gas industry. I can tell you that I started investing in this stock years ago when I got excited about natural gas being the future of our country and the Anderson family buying all this land. However, for the next 2 years they would put out press releases saying how they were moving forward...but when they posted pictures...it was always the same pictures. They weren't creating any new gas wells and the PR would get the stock moving about .004...then it would plummet again. Then I found out that the Andersons were building these locations so cheap and dangerous it was just a matter of time before they got shut down by OSHA or had a huge incident. Probably the reason they are selling and moving into the Marijuana business. It is true...I have fairly deep pockets because I've had a bit of luck in my life...and I am in this stock with 47 million shares at an average of about .0018 a share...not because I trust Wayne...but because I have done my DD on signifi and believe this merger could make a lot of people filthy rich. Life is a gamble...I follow a lot of they people posting on this board...and I'm hoping this one sets us all for life.
My Fear...this is a life changing stock for hundreds if the greedy Anderson family lets it happen. The problem though is the Anderson family. Even when they were in the natural gas business, they would screw over everyone to line their pockets. If Wayne stays true to form...he is selling off alot of his authorized 2 billion shares right now just to line his own pockets. Then when the merger is complete and signifi takes over, there is a r/s to bring the share count back down screwing all the investors here and still keeping his promise of taking it over a penny in the OTC market. I hope the bastard doesn't do this...I for one would take a hell of a hit if it did happen...but I wouldn't put it past Wayne. GLA!
If only I had known it was gonna come back down this low. I could be sitting with 55 million shares right now rather than 47 million.
Damnit! You're right. I'm gonna have to buy more.
Just spent my last 25 bucks to buy 10000 more. Gonna be worth it when that 25 bucks becomes 500 when this hits .02
Where did hippo go?
I really expected a hard core pr today and tomorrow leading up to merger complete on Wednesday. Is what it is...still think this is a huge play! But I have to agree with titan...I think the float is a lot higher than we know. I know 5 people on here including myself with 95 million shares just between the 5 of us.
I would hit the 24's...but spent all my powder on the 22's.
Actually those huge hits are me. This price is pocket change compared to what this stock is going to be in 8 days. I was hoping to get 19s...but couldn't get funds switched around quick enough. I would say good luck all...but you're not going to need luck with this stock. It's a guarantee!
Well pros...I have to ask a question not trying to be negative...what are the chances that they just convert our shares in a share reduction? Get like 1 share of sylios for every 100 shares of ungs when the merger goes through?
Is it possible there are more than 570 million outstanding shares and we aren't aware of it? There are 517 followers here...one might assume that all are holding a million shares or better...I saw a post not too long ago that says Wayne is holding 220 millions shares and his sister is holding 95 million shares. That's nearly 900 million shares. Or I could just be crazy.
did you notice we are suddenly number 39 on the early morning break out board this morning?
Reverse Mergers can be dangerous. In this case, it is UNGS that has absolutely nothing but a name change, allowing a canadian company to slip through a few loopholes to become a publicly traded company. The government has issued a warning to investors about these types of mergers in 2011 which you can see here:
http://www.sec.gov/investor/alerts/reversemergers.pdf
However, these warnings stem from fake companies overseas merging with fake companies in the US...which looks great on paper until they can't produce a revenue because they are fake and fail. Signifi is a real company with real revenue that has finally found a way into the market with UNGS...which is the best thing that could happen to the Anderson family since this stock will now be owned by Signifi because the Anderson family has failed at everything they've ever attempted.
Me personally, I'm holding until at least August 1st to see what this merger might do for the stock.
waterchaser...I did not take pictures, but should have for everyone here. Like I said, this could be a real company and the guy was just out of the office doing business. I only live 160 miles from SLC and go there about once a month. I haven't given up complete hope on this stock, reason I still have 350-thousand shares, and I will check in again the next time I'm in SLC. I'll take pictures next time I'm there and post them for everyone. GL
Already done...I've been selling 3 and 4 hundred thousand shares in chunks for .0015 and .0014 over the past week. I have 350 thousand left I'm holding onto in hopes this isn't a scam.
UPDATE: Well kids, I went and found the office of Capital Financial Global, Inc. in SLC. It's located in an old office building in the older part of town and shared with 2 other businesses. I walked in and nobody was in the office. A guy in the cubical next to their office says he sees a guy walk in maybe once a week, but has never talked to him. The office had one computer and a few binders, and a box full of crap labeled capital financial. I waited around for a few hours, went in the office to look for a card...nothing...thus, I have sold all my shares. I'm not sure if this is a Shell corp just renting out a cheap office to avoid fraud...or if it is real...either way...i cut my losses and wish all of you the best of luck.
I've been patient thus far...and I'm not saying this is a bad stock to own. I'm simply saying I'm going to get a first hand look at the operation and I'm hoping to get to talk with people in charge of it face to face. I'm a business man myself. I know deals and paperwork take time to hammer out. If I don't like what I see, I'll run. If I love what I see...I'll buy a hell of alot more.
No...I understand it will most likely be a small office with 2 or 3 people. However, I will probably get to ask questions and look them in the eye when I do.
I'm actually going to be in SLC on Thurs...gonna drop by this place to see what the hell it really looks like. If you suddenly see a sell for 4.5 million shares...you'll know I thought it was SH^T.
Hope you're right! I'm still holding. Don't really want to take the loss since I bought in a few months ago at 42. It's just disappointing that they haven't changed the website, won't answer the phone, and won't reply to email.
That smell is the giant dump the anderson family keeps taking on this stock by not putting out an update!
Ill be damned. i called the number...Bill himself actually answered. Hoping to have website up soon...has some nice PR's he is about to release. First business they are going after is boats. 350K a boat. Guy who builds them used to make 60 million a year. However, he bought like helicopters and private jets...went under from spending too much...Bill is getting him into it again...except this time their goal is to have less expense. They are hoping to sell 8 to 15 boats this summer and 40 to 50 by next year...and that is just one of the businesses LBGS is going after.
I call it as I see it bud. Why don't you have enough class to help someone with a legitimate question rather than calling them a basher? Either contribute productively or get the hell off the board.
I have no doubt you will eventually see the 10-K for this company, but I am not sticking around long enough to find out. For those of you who are still in and concerned about this, know the company will file eventually...and will just get a slap on the wrist for filing late.
In the case of a company with securities quoted in an over the counter market, like the OTC Bulletin Board, there are no listing requirements. However broker-dealers participating in the OTC Bulletin Board markets are members, and governed by the rules, of the Financial Industry Regulatory Authority (FINRA). FINRA Rule 6530(e) prohibits members from quoting the securities of a company that has failed to timely file a required report three times in any 2-year period, or that has had its securities removed from the OTC Bulletin Board quotation service twice in a 2-year period for failing to file a required report within 30 days of the filing deadline. Once a company’s securities are prohibited from being quoted on the OTC Bulletin Board the company must timely file all required reports for a period of one year before it can regain eligibility.
As far as I know this is the first time this company has filed late. GLTA!
He's not a basher you moron...he's just concerned. Try helping him out rather than insulting him. We have all been new at this game at one time or another. Iran...basically ETEK will be able to file late with a slap on the wrist.
In the case of a company with securities quoted in an over the counter market, like the OTC Bulletin Board, there are no listing requirements. However broker-dealers participating in the OTC Bulletin Board markets are members, and governed by the rules, of the Financial Industry Regulatory Authority (FINRA). FINRA Rule 6530(e) prohibits members from quoting the securities of a company that has failed to timely file a required report three times in any 2-year period, or that has had its securities removed from the OTC Bulletin Board quotation service twice in a 2-year period for failing to file a required report within 30 days of the filing deadline. Once a company’s securities are prohibited from being quoted on the OTC Bulletin Board the company must timely file all required reports for a period of one year before it can regain eligibility.
As far as I can tell, this will be this company's first offense to file late. However, I have faith we will eventually see the 10-K and as long as other news comes out, we will continue to climb...but if we don't see news or a 10-K by opening tomorrow morning, you can expect worried traders (or weak hands as some call them) to start selling off creating a pretty red open.
This may actually go red tomorrow if an after hours 10K isn't released. That's what alot of players have been buying on today. It was supposed to be released today.
the only thing firming up are my ass cheeks as I watch the 28's fall????
Isn't 10k due out today?
supposed to...we will see. Maybe with this thing falling back to pinks the CEO doesn't feel the need to comply?
I don't think this is going to be a big as you guys think it is going to be. Florida is taking baby steps. We aren't talking about legalizing marijuana...just legalizing medical marijuana...and that wouldn't even happen until November 2014:
On January 25, 2014, the Florida Division of Elections today confirmed that proponents of a 2014 Florida measure to allow for the physician-supervised use of cannabis have gathered sufficient signatures to qualify for the November ballot. Also, the Florida Supreme Court has issued an advisory opinion finding the ballot language to be in compliance with Florida law.
The new Florida law will not allow home cultivation. It also falls short of legalizing marijuana for recreational use which was passed by voters in Colorado and Washington in 2012. Instead, it allows the possession and use of marijuana for medical purposes when approved by a physician.
I love how my scottrade account still lists this as only having 22.5 million outstanding shares. Oh well...hope to see financials tomorrow and hope they are awesome...Along with a contract from some billion dollar company...and a playboy bunny to greet me when I go out to get my morning paper. GLA!
Isn't annual report due out tomorrow with extenstion?