Popping in here to see what UBRG is up to after INCREDIBLE news and two days straight of volume alerts and the posts I see claim UBRG is the most undervalued pink sheet stock???
Ummmm
The brilliant leadership at UBRG diluted the bejesus out of this stock. This stock once had...wait for it... SEVENTY MILLION SHARES A/S.
Now it has 2.3 BILLION A/S.
To make matters worse they entered into the single worst type of debt/equity financing deals ever and through their toxic financing they've had the stock shorted nearly to oblivion.
Read the financials folks... Do you want to know how UBRG's management has paid the bills? They pay salaries and office coffee out of shareholder equity balances.
Need to pay some salaries? Reach into the shareholder cookie jar and dilute.
Need to pay the Orange County Register Subscription? Reach into the shareholder cookie jar and dilute.
UBRG is fascinating to me. Usually these dilution based Ponzi scams try to fly under the radar while they bilk investors for millions...but NOOOO... Not UBRG... These guys think the SEC and FINRA are so Inept that they actually taunt them to act...the funny thing is they are proving themselves right...which is why it's a curious fascination to watch the stock...
This stock has traded more shares than AAPL (long AAPL) and its a scam which doesn't speak well of our market cops eating doughnuts over there at the SEC.
UNDERVALUED?
No! It's way over valued.
Why?
Because the company has no cash, no net revenue, and survives through toothless PR's with one intent:
TO TAKE INVESTORS MONEY WITH ZERO INTENT TO OFFER A RETURN
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