Yeah I'm aware of various assertions made by Solomon Ali as well as his girlfriend, Nicole Singletary of RAINCO Industries, making assertions to investors that the dilution was a good thing.
Don't get me wrong either... Small cap companies often must rely on share issuances and that's normal. Even large cap companies will use shares as a source of liquidity. That said, once a management team starts relying on investors there MUST BE legitimate attempts at returning value to shareholders OR it's fraud... Plain and simple and I cannot break it down any further than that.
Ali, Singletary, Guest, and Delong have PROVEN their intent to mislead investors and the SEC, and they've proven there was never a legitimate attempt to return value to the shareholders. FYI: Writing a PR STATING that they intend to return value to the shareholders is not the same as making legitimate attempts to so so. It'd be like me writing a PR claiming to be trying to build a rocket ship and go to mars while all through reason, rationale, and a lack of legitimate attempts says that I'm not.
This stock and REVO are both scams. If you're long, do this..
Google:
Solomon Ali + scam
Nicole Singletary + dilution scam
RAINCO + dilution scam
UBRG + stock fraud
REVO + stock fraud + scam
The sheer volume of blogs, message boards, news articles and various forms of coverages will likely make you want to throw up. Many of the GOOGLE finds will be message board quotes but keep looking... You'll see legit claims of fraud... These guys are going down... I don't know when... But these guys are going to jail and they're going to lose everything.
