Sunday, October 20, 2019 1:59:05 PM
The CUBV shell has been taken over by a shareholder who was screwed over by former management. IMO this is nothing like other OTC shell plays; this is personal.
Margaret Willett has been fighting this fight for at least two years and has done everything her and her consultant have said they would do since she was appointed as custodian in June of this year. It’s just taking a bit longer than expected to get over the final hurdle to become pink current. However, she did confirm to me via her October 18th email reply that there are no show stoppers and she assured me CUBV will become OTC Pink Current in the near future.
Yes, she said near future but I’m betting she didn’t give a specific timeline because the last timeline provided by the consultant running the CUBV twitter feed didn’t work out so well. I suspect they learned there lesson on that point. In any event, Margaret has a clear and well documented history of following through and getting things done.
Below is a Factual and Comprehensive list of events, company words, company actions, and the status of each.
EVENT: Margaret Willett files lawsuit against old CUBV management.
STATUS: COMPLETE
STATUS DATE: October 2017
EVENT: Margaret Willett is appointed as custodian of CUBV shell.
STATUS: COMPLETE
STATUS DATE: June 2019
IMPORTANT NOTE: Margaret is Not the CEO. She is the court appointed custodian of the CUBV shell and as such, it is her duty to act the best interests of shareholders. Since she is also a shareholder, my interests (as a shareholder) and her interests (as a shareholder) are aligned.
EVENT: Margaret Willett hires expert OTC consultant and OTC scam buster George Sharp to assist in the efforts to bring the company in full compliance with state and federal laws as well as in full compliance with OTCMarkets.
STATUS: COMPLETE
STATUS DATE: June/July 2019
EVENT: George Sharp announced (via Twitter) that he has been hired as a consultant to bring CUBV current with OTC Markets and confirmed he will have no role in the operation of the company.
STATUS DATE: July 2, 2019
They (the company) said they would retain a new Registered Agent in Wyoming and they followed through and did it.
EVENT: Retained a new registered agent in Wyoming which is required for reinstatement.
STATUS: COMPLETE
STATUS DATE: July 2019
They said they would reinstate CUBV in Wyoming and they followed through and did it.
EVENT: Reinstate CUBV @ Wyoming SOS.
STATUS: COMPLETE
STATUS DATE: July 2019
They said they were going to resolve issues with the old transfer agent and guess what, they followed through and did it.
EVENT: Settle accounts with the old transfer agent.
STATUS: COMPLETE
STATUS DATE: July 2019
BONUS: They didn’t say they were going to buy share on the open market but they did it anyway. This one still needs to be proven but I fully expect proof to be in the filings.
EVENT: Company insiders buy more than 100 million shares on open market.
STATUS: COMPLETE but still pending independent confirmation
STATUS DATE: July 2019
They said they were going to move to a new Verified transfer agent and guess what, they followed through and did it.
EVENT: Install new Verified transfer agent on OTC Markets website.
STATUS: COMPLETE
STATUS DATE: September 2019
BONUS: The SS was much better than I expected especially the unexpectedly large percentage of the OS which is restricted.
EVENT: Update SS on OTC Markets revealing 40% of OS is RestrIcted.
STATUS: COMPLETE
STATUS DATE: September 2019
On August 13th, they said they EXPECTED financials to begin posting in 2-3 weeks but this has obviously not happened yet. I assume they ran into some unexpected issues that caused the delay.
EVENT: Begin posting Financials on OTC Markets.
STATUS: NOT STARTED
STATUS DATE: October 18, 2019
They said they were going to bring the company up to Pink Current status on OTC Markets. They are still working on this.
EVENT: Become Pink Current on OTC Markets.
STATUS: IN PROGRESS
STATUS DATE: October 18, 2019
They said they were considering a joint venture in the marijuana industry. I suspect the plans will be revealed after the shell is brought up to Pink Current status.
EVENT: Reveal details of the anticipated new MJ business direction for CUBV shell.
STATUS: NOT STARTED
STATUS DATE: October 18, 2019
As I mentioned earlier, Margaret said via email on October 18, 2019... “I can assure you that CUBV will be current...” This is the first time she ever used such positive and direct words with regards to becoming Pink Current. It’s going to happen.
Screenshot of her email reply is in the link below...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151786220
FYI - The company’s contact information can be found on the reinstatement document on file at the Wyoming SOS. Below is a screenshot of the document along with a direct link to the CUBV content on the Wyoming SOS website for anyone who is interested.
Link to CUBV content on the Wyoming SOS site...
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=017248033184200182034219044253204177061100054118
$CUBV
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