Universal Bioenergy Inc. (fka UBRG)

[moneym8ker]

Haaaaaa.

It is hilarious to me that Ali and Guest get their salaries ($174,00 ANNUALLY...each) IN SHARES.

The best part is that they get their shares at discounts to the close which means they get to convert for salary plus.

AND SOME PEOPLE THINK THIS IS GOOD?

Quality companies pay salaries from net revenue AND THEN THEY OFFER STOCK OPTIONS...

This company pays FOR EVERYTHING WITH SHARES...

That is why they common stock has ballooned from 70 million shares to OVER 2.3 BILLION SHARES

BILLION !!!!!

Oh...the little issue of an ANNUAL REPORT?

I got a little cash if anyone wants to take me up on a straight bet...

I bet they issue ANOTHER NT before they file the ANNUAL...

And I will double down that same bet that UBRG files the Annual filing AND THEN AMENDS IT...

Because look at their history...they have more NT's and Amendments THAN THEY HAVE FILINGS....
I count 14 NT's and Amendments to filings....

SERIOUS?

Define what a good company is...

Is a good company a company that:
1.) Uses shareholders as sole source capital entities
2.) Files losses Q after Q and Year after Year
3.) Issues shady PR's claiming they've repurchased 300 million shares when, according to their last Q they had 18K?
4.) Changes FY's to hide material info?


If you answered yes to those questions then UBRG is your company...If you answered no...then either short it or avoid it.