Specifically:
" division of profits"
Nicole Singletary and Solomon Ali are boyfriend and girlfriend. It's a fact. They are also living together... FACT.
There is no way, that on so many levels, either direct, indirect, or a combination of the two forms of division of profits is not occurring.
If, Nicole is making a profit off screwing UBRG Shareholders and she buys the two dinner, then at a very basic level, a division of profits is occurring. Small beans right? Well, what if Nicole buys them a vacation, to Africa? She pays for it with her bank account which is receiving money from profits made by screwing UBRG investors... That's a division of profit right?
What if it's more blatant? She gets a check for $X and writes him a check for a division of X?
These guys are lying to the SEC.
Do yourself a favor and look at the latest amended filing. See any addresses that match up? Now feel free to peruse a few social networks and professional networks... See how they're all friends? Family members? Or in the case of Ali and Singletary ... In a long term romantic relationship where she has openly named Ali as her "boyfriend"?
Scammitty Scammitty scam!
Stock based dilution scam with one purpose. Steal money from duped investors.