Wilma,
The R/S has nothing to do with peripheral news nor the ability of co. news to move the share price.
The R/S has everything to do with the debt. The debt features require face value on the stock or the company is in default. As the stock prices nears par ($0.0001) they are required to maintain a liquid value higher than $0.0001 BECAUSE the notes, warrants, etc. offer the holders shares at discounts to the close. A share cannot be discounted below par, therefore the R/S will be necessary or the company defaults.
The name change: They've done it before (see dominion) and they'll do it again. The reason they offered up to shareholders is a sham. It has nothing to do with better reflecting their company... After all... APPLE (AAPL) doesn't sell apples do they? Or any fruit for that matter. It's a rouse directed at shareholders and an effort to lure in new money...because UBRG stock and the namesake Universal Bioenergy is tainted.
Your piece on the dilution: holding the shares and loaning them out for shorting (specifically approved in SEC filings) are two different things so your point is moot.
I don't think you should hold. I've said my piece. I've referenced verifiable SEC Filings and PR's to back up what I've written.
I've read many of your posts. It's clear to me that you've spoken directly with UBRG execs and discuss topics with others who have spoken with UBRG execs as well which may play a role in you/others holding on so tightly. I'd caution that you've been duped by a slick Rick snake oil salesman WHO KNOWS when push comes to shove you won't be able to prove anything you claim to have been told. Even with impeccable notes, Class action lawsuits take years/decades to settle and when you finally see Solomon/Martinez/Guest in court they'll lie about you and say you're making it up AND YOU WON'T BE ABLE TO PROVE OTHERWISE.
My advice, get them to repeat what you claim they've told you over the phone in email. At least then you'll have something to back up phone call claims.
Best of luck. Because you offered a succinct (but flawed), and respectable debate to me ill offer you this:
I hope, really hope I am wrong and you are right. I hope UBRG explodes higher and makes you a lot of money. I hope you get to tell me "I told you" because I hate seeing the fraud wipe good intentioned people out.
I'm never on the side of shorts and fraud...always on retail side. It may not seem like it because I say nothing good about UBRG but a wise person can see that I can be bearish this stock and still be pro retail traders.
