Oh...
By the way...
To the longs who are holding on too tight despite evidence that this stock can only sink:
The reverse split? I must be a basher right? Making crap up?
WRONG: UBRG already filed and made public their intent to R/S. Furthermore, the board, (holding the majority of shares) didn't need to vote on this, nor do they intend to "re-inform" retail shareholders...they're just going to do it. One morning, you'll wake up and the stock will be between $1.50 and $1.90 and you'll have a heart attack thinking you just struck it rich... Then you'll see your account balance has not changed, only your share count has and you'll say "he was right".
This is public record. They will R/S and they don't need a vote, or to remind you of the SEC filing where they stated they would R/S.
On the name change? Again, Public record via PR/SEC filing. Their company name is mud...the only way around it is through trickery... Change the name and lure in a brand new group of investors to bilk.
On the dilution? Public record via SEC filing readily available for you to view... And here's a bonus... Those warrants and notes... They give those guys the EXACT SAME SHARES you either bought today or thought about buying today at a 30-60% discount to the closing price...again... It's all in their filings.
Sell it if you own it, or avoid it if you haven't bought yet....and hope that one day, Solomon, Martinez, Guest... Hope those frauds get in fiery car wrecks or get "dick fuld'ed" on the treadmill at their gym by an investor, or hope the SEC indicts them and they go to jail.
