Ticked? . . . Are you kidding??
Given their historical record, things could not have worked out better! Nothing, zip, nada, zilch, bupkus ever works out for them and ergo, us stockholders. If they were to actually make even one of these pipe dreams come to fruition, time as we know it would stand still, the lion would lie down with the lamb, childbirth would become a pleasure, and Obamacare would be welcomed by all!
A short list, limited by my memory, of their promises to date:
1. Roblex Aviation deal
2. Owning Oil and Gas wells in Jim Wells county, Texas
3. Texas Gulf Oil and Gas Company
4. Houston office-do we still have that?what good has it done us?
5. Indian Reservations Oil and Gas Lease deal
6. Space City Energy deal
7. Biodiesel plant in Mississippi or Missouri or wherever
8. License to resale electricity
9. Rainco Fiasco
10. Nicole Singletary
11. Metwood Mess
12. GEG (GAG)
13. Accountant went fishing (that was probably the best whopper)
14. Bakken Shale Deal
15. the Coal mine - how could I forget the coal mine?
16. Japanese coal deal(s)
17. Conference call - oh, yeah, wait, that actually happened after PRing about it for nearly a year
18. Stock uplist to Nasdaq
19. Stock uplist to Frankfurt exchange
20. DTCC Chill - ok, maybe that wasn't entirely their fault and they did get it lifted, but if they weren't such a puny little stock, they wouldn't have been in danger of a chill to begin with.
21. What else did I leave off this stroll down memory lane that began when our stock was at $5/share and now sits in the triple zeroes?
So, overall, I can't see how Ali would be "ticked".
This is just how UBRG rolls. I feel he's pretty happy about things
Now, if they were to:
1. Actually make deals that produce significant profit
2. Decrease the $23 million plus debt we have
3. Decrease (i.e., buyback) outstanding shares
4. Actually make things happen rather than make fluff PRs that don't speak to any real activity.
5. Find a buyer for this POS that actually has a high PPS
(my personal favorite)
6. Avoid a reverse split like the plague! Pure Poison!
The opportunity here is tremendous, management could make themselves wealthy in the legacy category as well as their significant shareholders. Lord knows they've had time to do it. They just need to do it!
Will be here till they aren't.
Can always use the tax deduction when they sink below the waves.
Who knows, they might actually do something one day.
Not JMO. . . FACT(s)!
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