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Re: Diver66 post# 27824

Thursday, 08/08/2013 10:42:22 PM

Thursday, August 08, 2013 10:42:22 PM

Post# of 38473
Not that it'll be an immediate fix for you but yes, I have reported Ali, Guest, Global Energy et al to the SEC and FINRA.
I wrote months ago that a personal friend works out of the LA branch and we've at least initiated a paper trail.
That is NOT to say that I am claiming that the SEC is investigating UBRG...I can't say that...what I can say is that I've forwarded information to people at the SEC who are authorized to investigate if they see merit to the complaint.

These things are never immediate but I believe what will eventually happen is an indictment, suspension, and forfeiture for Ali, and Guest.

I believe they are frauds. I believe they are running a stock scam and using a publicly traded stock as a source of income for them with zero intent of wver offering returns for their shareholders.

That's said, it's my belief that this stock will be halted one day. The SEC and FINRA will halt the stock. An investigation will reveal fraud and produce an indictment and then, without warning the shares will be cancelled. The company will cease to exist and shareholders will only then accept that they've been duped by schemers perpetrating a fraud against investors.
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