URBT CEO UPDATE:
I received a very interesting email. So I thought I should address this publicly.
We are making strides in our company. We are working very hard behind the scenes to create a company that will be both profitable and have integrity. With that being said, As your CEO let me say this:
1) I believe that the company has given proper guidance in letting the market know that we are not planning to do a reverse split of our stock. And that the current structure of the company is inline with the future direction of the company.
2) We have created a new website to give you a glimpse of the direction of the company and to have a place where investors can fined information about the company. Personally I really like the website. http://?URBT?net?work?.com
3) We have filed Form D with the SEC giving us the permission to raise 5 million dollars and I am confident that will be successful in our capital raise efforts. I am now working to securing our equity funding. After our funding we will be able to effectively deal with the past issues of the company and launch the television network by Q1 2016.
4) We have filed an 8K stating the companies position.
5) Am I concerned about the violent swings in our stock price? Right now I am not focused on the current stock price. I believe that the success of our company will be reflected in the marketplace. There absolutely nothing that I can do about the stock price.
6) Why do I feel that we can be successful as a company? I have been in broadcasting for more than 30 years. I have successfully built a television network to 60 million homes and I see no reason why we can’t do it again and even bigger with the right team and the right backing.
7) Why would an investor buy shares at .20 per share when they are currently trading under a penny? This answer is simple, Our company is very under valued. And todays’ stock price does not reflect the value of the current business model that we are executing. We should easily be over $3.00 per share right now, however, It is my opinion that investors will see the value of this company as we make strategic moves over the next few months.
8) What is my position in all of this. Since I have been the CEO of URBT I have been very clear, this company needs long term investors! Investors that will give the company an opportunity to grow. Not just stock flippers. And that’s why we are going to raise this 5 million dollars and create an investor base that interested in growing a business.
9) As a stockholder what would you advise me to do? I cannot advise you what to do. What I can tell is that my goal is to turn this company into a multi-?billion company. You can judge for yourself.
Your CEO
Joseph Collins
URBT
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